If you received a COVID-19 economic stimulus check you are not entitled to, it must be returned. And tax attorney mary king wants to make sure you know how to do that properly. The rollout of the stimulus program had more than a few bumps along the way. The irs had to rely on 2018 and 2019 tax returns to determine where and to whom the checks went:
1200 for individuals, 24 hundred for couples, and 500 for each dependent child. In some cases, they sent money to families of deceased taxpayers, people who live abroad or undocumented and incarcerated taxpayers- none of whom were eligible. Keep in mind, if a 2400 dollar check was issued to a “couple” and only one person is deceased or incarcerated, only 1/2 the amount or 1200 dollars needs to be returned. And here’s how:
If the payment was a paper check:
1. Write “void” in the endorsement section on the back of the check.
2. Mail the voided treasury check to the IRS.
3. Don’t staple, bend, or paper clip the check.
4. Include a note stating the reason for returning the check.
If the payment was cashed, or was a direct deposit, you need to:
1. Submit a personal check, money order, etc., immediately to the irs.
2. Write on the check or money order: made payable to “U.S. TREASURY” and
add 2020eip in the note section.
3.Include the taxpayer identification number of the ineligible recipient.
4.Provide a brief explanation for returning the eip.
If you heed help with any irs issue, call the law office of mary king. Our office is open and we are here and available to help you. For information about your appropriate IRS office, visit
florida tax lawyers dot com.