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Some People May Need to Return Their Stimulus Check to IRS

The United States has handed out a third stimulus package and millions of Americans received $1,400 in their bank account.
However, some may need to return the $1,400 to the IRS. According to Kiplinger, some who got a stimulus check should not have received it and the IRS wants you to send the money back.
So, who needs to return the money to the U.S. Government? Well, let s break it down here.
For one, those who got the $1,400 payment but are considered nonresident aliens should not have received the payment. That individual does not possess a green card and has not been in the country long enough to receive payment. ....

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Stimulus check issues and how to make sure you get yours

Stimulus check issues and how to make sure you get yours
By:
Alicia Nieves
and last updated 2021-01-12 17:07:00-05
The IRS is having unexpected problems getting stimulus checks out to millions of people, despite months to prepare for this second round.
It wasnât surprising to see the Internal Revenue Service (IRS) deal with so many issues as it began distributing $1,200 stimulus checks last April. The IRS had to rush to set up a system and get checks out fast to millions of Americans. However, despite a system being in place and months to prepare for the second round of checks, the IRS is again having major problems. ....

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No stimulus check yet? IRS says some eligible taxpayers won't get 2nd payment

Dozens are seeing their second stimulus check go into the wrong bank account. Here s why.
By law, the IRS says banks must return the payment to the IRS; they cannot hold and issue the payment to an individual when the account is no longer active.
The IRS says they also cannot change mailing information.
So what can you do if you moved or changed your banking information and don t end up getting a second payment?
The IRS says you can claim something called a
Tax expert Chad Elkins explained: Well here s what it is. On your 2020 tax return, your form 1040, there s a new box that s going to let you enter what you were paid and if it was below what you should have been paid, it s going to let you reconcile that on the 2020 return. So, rather than getting a stimulus check, you ll get a credit on your tax return which could either increase your refund amount or decrease any amounts owed. What if you didn t receive a stimulus payment at all? If you didn t receive a ....

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