Thursday, May 7, 2020

Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money

Stimulus checks have been sent to dead people. Now the IRS has released instructions for how to return the money

When it comes to those federal stimulus checks, the IRS wants some of that money returned.

At least that’s what the tax agency essentially said in its latest guidance issued on Wednesday.

The U.S. government has been sending out millions of stimulus checks for up to $ 1,200 per individual based on their tax returns for either 2018 or 2019.

Some of those individuals have died since filing those returns. However, that hasn’t stopped the government from sending them checks. For families receiving that money on behalf of deceased loved ones, it prompts the question: Should we keep it or send it back?

MORE INFO HERE

No comments:

Post a Comment