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Relative received and extra $1400 stimulus what do they need to do? And will the IRS want there money back?

 
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ErnieS0
Expert Alumni

Relative received and extra $1400 stimulus what do they need to do? And will the IRS want there money back?

The IRS has said you will not have to pay back any third stimulus money that you received by mistake if the amount is greater than what you should have been credited.

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3 Replies
ErnieS0
Expert Alumni

Relative received and extra $1400 stimulus what do they need to do? And will the IRS want there money back?

The IRS has said you will not have to pay back any third stimulus money that you received by mistake if the amount is greater than what you should have been credited.

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

Relative received and extra $1400 stimulus what do they need to do? And will the IRS want there money back?

Thank you. Okay that’s good to know. Where can I pull that information up from? 

HelenC12
Expert Alumni

Relative received and extra $1400 stimulus what do they need to do? And will the IRS want there money back?

See the TurboTax article, Where’s My Second Stimulus Check? Scroll down to:

 

  • If you received too much stimulus based on your actual 2020 income you will not have to pay it back through a tax return in the upcoming filing season, just like the first stimulus payment.

 

Note: The stimulus payments are not taxable to you. 

 

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