IRS says stimulus checks sent to dead people must be returned

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(KMOX) - One of the quirks of the coronavirus stimulus checks is that anyone who filed taxes in 2018 could be eligible for the payout – that includes millions of people who have died.

Some relatives of the recently deceased have seen funds pop into their bank accounts or checks from the Internal Revenue System (IRS) come to their mailboxes. The IRS and Treasury Secretary Steve Mnuchin are asking for that money back.

Instructions on how to return the funds have been posted on the Economic Impact Payment Information Center. It says, if you were mailed a check you should write void on the paper check and mail it back to them. If you received the money via direct deposit or have already cashed the check, you should send a personal check or money order to the IRS for the exact amount of the payment.

Deceased and incarcerated individuals do not qualify to receive Economic Impact Payments. See FAQ #41 to learn how to return an inadvertent payment: https://t.co/hrxkKP4qtg

— Treasury Department (@USTreasury) May 6, 2020

The IRS could charge penalties and interest on unreturned stimulus checks issued for the dearly departed.

The checks are part of the $2.2 trillion coronavirus relief bill called the CARES Act passed by Congress.

Still, many are waiting to get their first stimulus check (and here are some reasons it may be delayed) and may have to wait up to 5 months. Others are wondering whether a second one is in the cards as $1,200 isn’t adequate assistance for many who have fallen on hard times.

According to a recent survey by financial technology company SimplyWise, 63% of Americans will need another stimulus check within the next three months.

There have been several proposed bills that would offer additional assistance to Americans who have been laid off or furloughed and are unable to pay bills and take care of their families.

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