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Level 2
August 17, 2023
Question

Money Network visa card

  • August 17, 2023
  • 2 replies
  • 0 views

hello Experts,

 

My college son, sophomore in college, received a money network visa card. He has not filed his own taxes yet. He is still under our taxes. Why would he get this card? It seems it comes from the IRS. But, I am unclear.

He has not activate it yet because we have concerns. 
Is this scam? Who issues these cards? why would he get it if he has not file his own taxes yet. 

 

Thanks for your help

 

Regards,

Jorge

 

 

2 replies

Level 15
August 17, 2023

isn't there a phone number on the back of the card? 

 

separately, if your son works at all that would not be reported on your tax return, even though you can still claim him on your tax return.  He may not be required to file, but some parents get confused that they don't report their child's earning, even though they are still eligible to claim the student. 

DoninGA
Level 15
Level 15
August 17, 2023

Could this be a EIP card for the stimulus payments?  The EIP card uses Money Network but a welcome packet would also have been sent if it was for EIP.

Level 2
August 17, 2023

Thank you.

The letter does mention EIP stimulus payment.

Why would he get it though? He / we have not apply for any assistance.

 

 

VolvoGirl
Level 15
August 17, 2023

Is it from California?  They sent out a Money Network card.  Here is info on it and who is eligible, etc. for the CA Middle Class Tax Refund.   By the way it is not taxable.   

https://www.ftb.ca.gov/about-ftb/newsroom/middle-class-tax-refund/index.html