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H
hellobethany86
Level 2
March 8, 2021
Question

I received my 2nd stimulus check after filing my taxes. I have not cashed it, as I reported it as unreceived on my taxes

  • March 8, 2021
  • 3 replies
  • 5 views
What should I do with the paper stimulus check? Will I still receive the money with my federal refund?

3 replies

KrisD15
KrisD15
Level 15
March 8, 2021

No, the IRS will account for the stimulus that crossed the tax return and correct your 1040. 

 

If this still results in a refund, the refund will be less. 

If this results in tax owed, the IRS will send you a letter. If this is the case, be sure to pay the tax by April 15th. 

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    H
    hellobethany86Author
    Level 2
    March 8, 2021

    So I can cash the stimulus check & I will not be penalized? I filed my taxes before they started accepting them & have not yet received my refund. Is this normal?

    P
    PattiF
    Level 15
    March 8, 2021

    Yes, you can cash the stimulus check. This is a normal situation that happened to some people. You will not be penalized for anything.

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
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