If you’re getting your stimulus payment in the form of a tax rebate, the amount may be reduced to pay debts owed. The Treasury Offset Program (TOP) is allowed to withhold money from your tax return for the following reasons: Back taxes owed from previous years.

Is there a glitch in the IRS stimulus check?

As a third round of stimulus checks is dispersed, some frustrated couples have only received half of their payment. This is due to a glitch with the Internal Revenue Service’s system, in which payments are divided into two installments for married couples when one has filed an injured spousal claim, according to CNN.

Why do I need to hold on to the IRS letter I received about my stimulus check?

Why do I need to hold on to the IRS letter I received about my stimulus check? The IRS letter that arrives about 15 days after your third stimulus check, which confirms your payment, is officially called Notice 1444-C. Signed by the president, the letter shows the amount you were paid and how you were paid (mail or direct deposit).

How many stimulus checks have been sent out?

The IRS estimates that it will send out a total of 150 million stimulus payments, and as of April 17, 88 million payments had already been sent. If you haven’t gotten your money, you may want to file your return as soon as possible, and provide the IRS with your updated direct deposit information.

How to report a stolen federal stimulus check?

If you think an identity thief got your stimulus payment, report the stolen check and create an IRS affidavit at Click “Get Started” on the first page. On the next page, click on the green bar that says “Someone filed a Federal tax return – or claimed an economic stimulus payment – using my information.”

What should I do if I cash a stimulus check?

Don’t staple, bend or paper clip the check. Include a note stating the reason for returning the check. If the payment was a paper check and you have cashed it, or if the payment was a direct deposit: Submit a personal check, money order, etc., immediately to the appropriate IRS location for your state.