Stimulus Checks for the Deceased
It’s Crazy Money Day!
The IRS sent nearly 90 million stimulus checks to people who filed taxes in 2018 or ’19. A Georgia woman received one made out to her and her brother who died in 2018. The check even says that he’s deceased!
A provision in the ‘CARES’ act says that if you were sent too much money it’s an IRS error so it doesn’t need to be paid back, and tax experts agree, but the President and Treasury Secretary want the money back. For now, keep those funds until the government gives clear guidance on how to proceed. Remember, “He who walks in integrity walks securely, but he who perverts his ways will be found out.” (Proverbs 10:9)
To help you in your financial walk, take our “30 Day Reset” challenge at crown.org.