The IRS wants its money back.
At least from deceased recipients of the $1,200 or $2,400 stimulus that many received in April.
Last month it was reported that some people who had recently died were receiving stimulus payments.
This week they offered guidance, and an explanation on how it happened. If someone died after they filed their taxes in 2018 or 2019 – there’s a good chance that they received a stimulus payment.
Here’s what the IRS says to do if you received a stimulus check for a deceased person:
If it’s a paper check, simply write ‘void’ on it.
If it was a direct deposit – follow these steps:
– Send a personal check to the IRS payable to the U.S. Treasury;
– Make sure you write “2020 EIP” and the deceased taxpayer’s social security number on it; and
– Remember to only send back $1,200 if you were overpaid for a deceased spouse.
IRS officials say those should be mailed here:
Brookhaven Refund Inquiry Unit
5000 Corporate CT.
Mail Stop 547
Holtsville, N.Y. 11742
The money is technically a tax credit. So, some tax experts wonder if the IRS even has legal authority to mandate return of these funds.