Though, notwithstanding their claim, many eligible Americans are yet to receive their due. If that wasn’t enough, the IRS is now sending out letters to Americans and asking for the payback of full or partial stimulus payments.
These letters have been going out to the Americans living in various states over the period of 3-4 weeks.
In the letters received, the IRS is requiring payback of $600, $1,400, or $1,200 as reported in their 2020 tax returns.
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A Massachusetts resident called Natalie Bonelli got a letter from the IRS asking for a $603.12 payment including tax. She spoke with WCVB and stated, “I panicked, Obviously, I don’t agree with it, and I can’t find anyone to help me do something about it.”
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Notwithstanding making many efforts to contact the IRS, she got no answers from them.
Rather, later she got to know that a $600 stimulus check was emailed in her name at an address in New York.
Though she had moved out of that place, the IRS then recommended Bonelli claim the missing check while filing for the 2020 tax return.
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After doing everything as suggested, the IRS is now asking for money from her. She says, “Now I have to give back the money I never got, so it’s a little bit frustrating,”
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Even so, the IRS announced that they can track down the payments sent to her.
Although, this process isn’t as easy as it sounds.
You need to make a couple of calls to different IRS branches. The worst part is, you must do all this within 3 weeks.
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With no doors open, the best suggestion to you would be to pay the total amount you’re deemed to pay and after that, ask for a trace and dispute whatever findings they generate, if inaccurate.
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That’s all for now.
Have you received a similar letter from the IRS demanding payback of stimulus checks of $600, $1,200, and $1,400?
Meanwhile, with the latest batch of payments in July, the IRS has now issued over 8.7 million unemployment compensation refunds totaling more than $10 billion. The IRS stated it was doing the recalculations in phases, beginning with single filers with no dependents and then for those who are married and filing jointly. The first batch of these supplemental refunds went to those with the least complicated returns in early summer, and batches are supposed to proceed for more complicated returns, which could take longer to process.
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