In Countries like Canada, there are various direct payments issued by the Government for the financial help of the citizens. These payments can be for seniors, adults and children. In today’s post we will get to know about the reality for $1072 GIS Direct Payment August 2024. This report claims that this news is true. The Canada Revenue Agency will issue this payment of $1072.93 for the qualified Guaranteed Income Supplement Recipients in August 2024. This payout for GIS will not be issued to all the GIS Claimants. In this article we will find out the requirements for the qualification, payment dates and the regular Direct GIS Payment Amount for 2024.
$1072 GIS Direct Payment August 2024
Guaranteed Income Supplement is one of the benefits which is offered with the Old Age Security Pension Plan. Those who are beneficiaries of OAS will automatically become eligible for this Guaranteed Income Supplement. This payment guarantees the monthly amount for the old citizens whose age is above 65 years or 65 years. This financial aid is to help the old citizens in their golden years. This guarantees a comfortable and affordable life for old or aged citizens. In this post we will know who can get this $1072 GIS Direct Payment August 2024. Also we will get to know the regular payment amounts for GIS with its payment dates for upcoming months in 2024.
$1072 GIS Direct Payment August 2024- Overview
| Title | $1072 GIS Direct Payment August 2024 |
| Year | 2024 |
| Month | August |
| Country Name | Canada |
| Name of the Agency | Canada Revenue Agency |
| Name of the payment | Guaranteed Income Supplement |
| $1072 GIS Direct Payment Eligibility 2024 | Senior or old Citizens and OAS Recipients |
| Objective | Financial Assistance |
| Canada GIS Payment Date 2024 | 28th August 2024 |
| Frequency of the Payment | Monthly |
| Tax Status | Non Taxable |
| Mode of the Payment | Direct Deposit |
| GIS Direct Payment Regular Amounts 2024 | Check Post |
| Category | Finance |
| Official Web Portal | www.canada.ca |
$1072 GIS Direct Payment Eligibility 2024
The $1072 GIS Direct Payment Eligibility 2024 can be determined or evaluated by the factors such as age, OAS pension status, income threshold and residency. We will check the GIS Payment qualification requirements below based on these factors:
- 65 Years is the minimum qualifying or eligibility age to get this $1072.93 as GIS Direct Payment in 2024.
- The Canadian Citizenship or legal residency holding is a qualifying condition to get this $1072.93 as GIS Direct Payment in 2024.
- Old Age Security Pension Plan recipients or claimants are the qualifying beneficiaries for this GIS Direct Payment in 2024. But this payment of $1072.93 will be given to those who are single, divorced or widowed and this is given to those who do not receive full GIS Payment 2024 and who also not receive the Allowance.
- Income limits are given below to get this $1072.93 as GIS Direct Payment in 2024.
| Situation of the Citizen | Annual Earnings Threshold |
| Single, Widowed or Divorced | $21,768 |
| Spouse with Full OAS Pension | $28,752 |
| Spouse With Allowance | $40,272 |
| Spouse without OAS Pension and Allowance | $52,176 |
Canada GIS Payment Date 2024
$1072 GIS Payment Date August 2024 are given below. These payment dates are verified and taken from the CRA Payment Schedule for 2024. These payments are made to the claimants monthly and the payments are distributed via direct deposits. The following are the upcoming months payment schedule for 2024:
| Month | Canada GIS Payment Date 2024 |
| August | 28th |
| September | 25th |
| October | 29th |
| November | 27th |
| December | 20th |
GIS Direct Payment Regular Amounts 2024
GIS Direct Payment Regular Amounts 2024 are given below in a table. These amounts for the GIS are evaluated by the factors or constraints such as marital status and the previous year annual income. The amount for the GIS is revised or altered by the CRA authorities quarterly begins from January. We will see the amounts for the GIS Direct payment based on these given constraints:
| Situation of the Citizen | Annual Earnings Threshold | GIS Direct Payment Regular Amounts 2024 |
| Single, Widowed or Divorced | $21,768 | $1072.93 |
| Spouse with Full OAS Pension | $28,752 | $645.84 |
| Spouse With Allowance | $40,272 | $645.84 |
| Spouse without OAS Pension and Allowance | $52,176 | $1072.93 |
FAQ Related To $1072 GIS Direct Payment August 2024
The GIS Recipients will automatically get this payment amount and those citizens who are new to this GIS Program need to apply or enrol.
The authorities can ask for the information such as SIN, Banking information, Date of Birth for age verification, and income information for past years.
The citizen can check through the My Service Canada Account or the citizen can contact the representatives of service Canada.
The information provider can help you at 1-800-277-9914 or TTY 1-800-255-4786. This helping number is operational from 8:30 am to 4:30 pm with the days from Monday to Friday.
John Wick is a Media and Finance editor, passionate about writing and editing content related to finance and taxes. He has achieved dual degree in Mass Media and Finance From one of the top universities in the World. He is keen to learn new things and changes which take place in the world of Finance and stocks.