If you have had coronavirus check errors join the long line of people who can’t get through to anyone, tax agents who haven’t been provided proper details, and people who have not received a check at all. Oh and of course the IRS is NOT taking calls.
The Coronavirus Aid, Relief, and Economic Security (Cares) Act, for Stimulus checks was signed into law March 27th 2020. The funds were to provide a $1,200 refundable tax credit for individuals and $2,400 for joint taxpayers. People whose adjusted gross income of $75,000 or less qualified them to receive a stimulus payment for an additional $500 for every dependent child under 17. The Treasury Department and the IRS reported last week that an initial 88.1 million payments worth nearly $158 billion had been issued.
By reading this you are probably wondering where your money is if you have not gotten it. It is floating around in mayhem. There have been plenty of mishaps occurring due to the rush of getting the funds out. Not to mention a faulty system that gives error to anyone who enters their information to check the status of their stimulus funds or update their direct deposit information.
David Aneckstein of State College, Pa., was supposed to receive $2,200. He got $1,700 — his individual $1,200 payment plus $500 for one of his two children, ages 12 and 14. He’s still missing $500 for one child.
According to MSN David stated “I waited for my letter from the IRS explaining my payment and the number to call to report an issue with the payment,” Aneckstein said. “I am fortunate to be in a position where the extra $500 would certainly help but it’s not a critical need. I know there are many people who do need these payments immediately, and accurately, to make ends meet. I certainly understand these are chaotic times and mistakes will happen. I do think it’s important that there is a way to report these discrepancies and have them addressed quickly.”
Unfortunately, for now, if you have a problem with your stimulus payment, you’ll have to wait for an “appropriate point of contact” but this is not your tax agent. Tax companies unfortunately have no access to the stimulus portal nor do they have proper guideline by the IRS as to how payments will be sent.
A mother didn’t get the extra $500 for her dependent child under 17, and a single father received only one child payment, although he has two eligible children.
A man received a $1,200 payment for his sister who died last year, and he’s not sure whether he can keep the money or if the IRS will claw it back.
Americans are in uproar about the Coronavirus Check Errors, when the funds were supposed to provide aid but ended up providing confusion and delay.
