PINE-APRIL 20 R

into maintaining an amazing overall
experience at our properties. We Seniors over the age of 60 and
ask that all patrons call and prepay, Military Retired or Active Duty $5
April Edition prior to playing golf. This eliminates off any fee. Go Online For March Page 5
crucial touchpoints that allow for Specials. foxfireresortandgolf.com
The provision of the new coronavirus
stimulus package that probably
gets the most attention is from the
the CARES Act (Coronavirus Aid,
Relief, and Economic Security Act)
— is the one that pays everyday
Americans up to $1,200 apiece.
NEW TEMP CONTROL
On “Face the Nation” on Sunday,
Treasury Secretary Steven Mnuchin
said that coronavirus relief checks
will start being delivered via direct
deposit to recipients “within three
weeks.” The IRS will use the direct
deposit information from your tax
returns to know where to send the
money.
If Mnuchin’s forecast proves
accurate, some people would
receive stimulus payments
sometime around the middle
of April. However, there is some
skepticism that such a timeline is
realistic. It took the IRS upwards
of three months for checks to be
sent after a stimulus package was
approved in 2008.
In 2020, it may take especially
long for to receive your stimulus
payment if the IRS doesn’t have
your direct deposit information and
must send a check by mail.
Tax filers with adjusted gross
income up to $75,000 for
individuals and up to $150,000 for
married couples filing joint returns
will receive the full payment. For
filers with income above those
amounts, the payment amount
is reduced by $5 for each $100
above the $75,000/$150,000
thresholds.
Eligible taxpayers who filed tax
returns for either 2019 or 2018 will
automatically receive an economic
impact payment of up to $1,200 for
individuals or $2,400 for married
couples and up to $500 for each
qualifying child.
The IRS will use the information
generated for Economic Impact
Payments to recipients of benefits
reflected in the Form SSA-1099
or Form RRB-1099 who are not
required to file a tax return and did
not file a return for 2018 or 2019.
This includes senior citizens, Social
Security recipients and railroad
retirees who are not otherwise
required to file a tax return.
The IRS urges anyone with a tax
filing obligation who has not yet
filed a tax return for 2018 or
2019 to file as soon as they can
to receive an economic impact
payment. Taxpayers should include
direct deposit banking information
on the return.
For those concerned about
visiting a tax professional or local
community organization in person
to get help with a tax return, these
economic impact payments will be
available throughout the rest of
2020.
For those of you that don‘t have
refunds from the IRS requiring
a bank acount and if they don‘t
have a current bank routing and
account number a new portal
will be available April 18th to
manually enter your bank account
information to receive your stimulus
check..
The Treasury plans to develop a
web-based portal for individuals to
provide their banking information to
the IRS online, on April 18th so that
individuals can receive payments
immediately as opposed to checks
in the mail.
Stimulus checks sent out in 2001
and 2008 were not considered
taxable income, and coronavirus
stimulus payments will also not be
taxed.
Where‘s my check?
www.irs.gov/refunds
By: Diane Keating SLN Reporter
BEST WINE PRICES
IN THE SANDHILLS
Call Ahead For
Curbside Delivery
673-2949