Today, Representative Greg Walden (R-Hood River) praised cooperation between the Treasury Department, the Department of Veterans Affairs (VA), and the Internal Revenue Service (IRS) that will make it easier for VA beneficiaries to receive their automatic economic impact payments. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was passed at the end of March, included funding for individual economic impact payments. Most Americans will receive a payment of $1,200 per individual, $2,400 per couple, and $500 per child directly to their bank account via direct deposit.  The IRS-administered payments presented a particular challenge for Americans receiving VA benefits as their only source of income, as those individuals are not typically required to file tax returns. Now, veterans and their beneficiaries who receive compensation and pension benefit payments from VA will not need to take additional actions to receive their $1,200 check. “The IRS’s announcement is welcome news for veterans in Oregon and across the country. Since VA beneficiaries do not need to file tax returns, it only makes sense that they do not need to take any action to receive their stimulus check. I applaud the IRS, VA, and the Department of Treasury for implementing this sensible rule,” said Walden. Following the passage of the CARES Act, taxpayers who filed tax returns for 2019 or 2018 were already qualified to receive their economic impact payment automatically. Earlier this month, the IRS took similar action to authorize automatic payments for Americans receiving Social Security, disability, supplemental security, and railroad retirement benefits. If you are unsure about your eligibility, or would like to check the status of your Economic Impact Payment, you can use the IRS Get My Payment tool here. Americans are urged to be vigilant against scams related to the CARES Act. The Treasury Department will NOT ask you to pay anything for the payment most Americans will receive as a result of the CARES Act and will not contact you for your bank account information. If you are contacted by someone claiming to be from the government asking for this type of information, please report it to the FCC here. You can learn more about how to protect yourself from these types of scams here.
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representative greg walden press release | april 21, 2020
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