Did the IRS overpay you?
The IRS has successfully delivered millions of stimulus payments under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, however, not all payments were made for the proper amount. If you had a major life change in 2018 or 2019, there may have been an error with your stimulus payment, and you might be responsible for repaying the IRS. The following are the most common stimulus payment errors:
· Not a US Citizen – You gave up your citizenship in 2019, and you received a stimulus payment, it should be repaid to the IRS.
· Deceased individuals – A stimulus check was made out to a deceased individual, it should be repaid to the IRS.
· Deceased spouse – Your spouse passed away, and you received a stimulus check that reflected an amount for a married couple, it should be repaid to the IRS.
Do you need to return a stimulus payment?
If you or a spouse meet any of the above criteria, you are responsible for returning the stimulus payment to the IRS. Please reference the instructions below on how to return a stimulus payment to the IRS based on the method of receipt.
· Received stimulus via check – To return a stimulus check, write "void" on the back of the check, include a note explaining why you are returning the check, and mail it to the IRS location that correlates with your state. Please see the IRS website for an appropriate location to send the check.
· Received stimulus via direct deposit – To return a direct deposit stimulus, send a personal check or money order to the IRS location that correlates with your state. Make the check payable to "US Treasury" and include an explanation of why you are submitting a payment along with your social security number.