
05-02-2020, 10:27 AM
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Sage
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Quote:
Originally Posted by retiredguy123
However, the Treasury Secretary told people to return the money sent to the deceased people. That was also wrong. The Government will be issuing specific guidance on what to do with the money sent to the deceased.
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There seems to be some legal question about them clawing it back after the fact. Do some Googling of "my deceased <fill-in-the-blank> received a stimulus check."
If your dead relative received a stimulus check, you should return it to the feds, Mnuchin says - MarketWatch
Partial clip from the article:
On Wednesday, Kaeding told MarketWatch that Mnuchin’s comments {regarding return of the checks} “surprised me a bit, given that the CARES Act included language that covers clerical mistakes by the IRS.”
Kaeding previously told MarketWatch, “An important provision of the [Coronavirus Aid, Relief, and Economic Security] act, as it relates to these checks, is that if the IRS sends you too much money, you do not need to pay it back. It is considered a clerical or math error on behalf of the IRS. And that’s important because they were trying to issue these checks quickly.”
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