The IRS admitted to accidentally sending incentive checks to ineligible people with the first aid payment, and it’s possible that situation could have recurred again. If you received a check that you probably shouldn’t have received, for example, you received incentive money even though you deserve it– the IRS expects you to return the payment. And depending on how you received the incentive money – by (including ) or – there are specific ways to deal with the return.
We will list all the reasons why the IRS would expect you to return an improperly paid stimulus check and how to do it. It’s also important to keep yourand these important details about it . (And here’s what happens with one , How much and .)
Reasons Why You Should Return the Second Stimulus Check
Qualifications are key to determining. If you fall into one of these categories and received a stimulus check, it is probably by mistake.
- You received a check for someone who passed away, but there are some nuances, more below.
- You do not have a social security number.
- You are considered a “non-resident alien” without a spouse of a US citizen.
- You are a non-citizen filing federal taxes.
- Your exceeds the limit; for example, $ 87,000 for a single taxpayer.
- You are on someone else’s taxes.
There is more information on this.
Return a paper check that you have not cashed or deposited
If any of the above statements concern you, you may need to return your stimulus check. Here’s how to do this for each scenario, according to the IRS.
1. Write “VOID” in the approval section on the back of the check.
2. Do not bend the check, paperclip or not.
3. On a separate sheet of paper, let the IRS know why you are returning the check.
4. Mail the check to the correct IRS location – it varies depending on the state you live in.
How to Return Incentive Money That You did cash or deposit
1. Use a personal check or money order and make the check payable to the U.S. Treasury. You must also write the EIP 2020 and include the taxpayer identification number or Social Security number of the person whose name is on the check.
2. On a separate sheet of paper, let the IRS know why you are returning the check.
3. Mail the check to the correct IRS location – it depends what state you live in.
Returning a check you received for someone who has passed away
If you receive a payment for someone who died in 2019 or earlier, the IRS says you must repay the full payment “unless it was sent to joint filers and one spouse is still alive.” If you’re the living spouse, you’ll have to repay half of the payment – just no more than $ 1,200 in total.
However, if the check was issued in both your name and the name of your deceased spouse (and therefore you cannot deposit the money), you must return the entire amount to the IRS. After the agency processes the returned payment, it will issue you a new check with the correct amount for you.
What if I still haven’t gotten my stimulus check?
If you were one of over 100 million people who qualified for the second stimulus check and you did not receive it, you may be able toeven about your taxes . Alternatively, you may need to .
If you are not, this is a good time, as one . To do this, you’ll need to add your bank details when you file your 2020 taxes this year. We also encourage you to , especially because of stimulus controls.
To keep up to date with the latest incentive news, is hereand if you have problems with stimulus control, . This is also what is happening with one now .