Coronavirus financial assistance: IRS wants to return money sent to deceased accounts
The United States Internal Revenue Service (IRS) announced that federal coronavirus checks for federal aid issued to the deceased should be returned to the agency. Writes about it Forbes.
If checks were mailed, they should be canceled and sent back to the IRS. In the event that payments were made by direct deposit, the taxpayer must write a check to the government and send it by mail.
It should be noted that the IRS determined compliance with the criteria for federal assistance on the basis of tax returns in 2018 and 2019. There are some precautions to prevent payments being made to the deceased. For example, the Social Security Administration (SSA) maintains a death register file to prevent the provision of social security benefits to those who die.
The IRS used this list to determine who would not send checks. However, omissions may occur if the list is not relevant.
The U.S. Internal Revenue Service has done a massive job delivering tens of millions of checks in a short time. But with such an array, some errors are inevitable.
The IRS has not published the number of checks issued to deceased taxpayers. This can create more serious problems than in previous years, as the IRS checked the right to receive federal assistance on the basis of tax returns in 2018 and 2019. There is evidence that some taxpayers received payments even after their death back in 2018.
Now, the IRS has announced that checks issued by the deceased should be returned if the person passed away before the federal payment was made.
A family that has received two payments is obligated to return the part that relates to the deceased spouse.
How to return a check to the IRS
The IRS has provided return payment instructions on its website.
What to do if you received a check in the mail:
- Just write Void in the confirmation section on the back of the check.
- Mail the canceled check to the appropriate IRS indicated here.
- Do not fasten or bend the receipt.
- Make a note indicating the reason for the return of the check.
What to do if you received a check through a direct deposit or have already cashed it:
- Send a personal check, money transfer to the appropriate IRS department indicated here.
- Write to the US Treasury on the check / money order and indicate 2020EIP, as well as the tax identification number (social security number or individual tax identification number) of the recipient of the check.
- Attach a brief explanation of the reason for returning the check.
Families of recently deceased taxpayers should pay attention: the IRS is still issuing incentive payments.
Note that the US Internal Revenue Service continues to issue federal payments. Most deposit payments have already been made, but the IRS expects paper checks to be processed within a few months. Pay attention to the account statements and the potential recipient if someone from your family is overtaken by death.
As ForumDaily wrote earlier:
- Coronavirus Federal Payments will not be taxed.
- If the government does not have your direct bank account number, you will have to wait for mailed checks by September.
- According to the adopted package of financial assistance, some citizens, despite the matching income level, will not receive assistance. Their list is here.
- The topic of government support is actively used by scammers. The schemes used by them and ways to protect themselves from them - link.
- April 15th IRS launches online tool, which will help to enter information about your account, track the payment and quickly receive money. For details on how to use it, read here.
- After the start of payments, many reported that when checking the status of payment online they found: the money was sent to wrong accounts, including dead.
- Most Americans will receive federal coronavirus government aid payments automatically, but there are several reasons why payment may be delayed.
- On April 27, it became known that the IRS improved the tool for tracking payments in connection with the coronavirus: what changed.
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