IRS site said my stimulus would be deposited 5/6/2020. Never got the $ or the letter. I would like to not pay my taxes and have IRS keep my stimulus.
If this is permissible, how do I account for it accurately with TurboTax? TIA from a long term customer.
02208
2 Replies
VolvoGirl
Level 15
Jul 10, 2020 6:21:35 PM
No. They are separate right now. Next year on your 2020 return you can reconcile the Stimulus amount on your tax return if you didn't get the right amount.
Critter-3
Level 15
Jul 10, 2020 6:35:04 PM
The only thing the stimulus check will be taken is for unpaid child support ... so pay the 2019 balance due now so you don't incur penalties and interest.