Money Network visa card

Forum|Forum|2 years ago
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

Not A Product Question

NCperson

Level 15

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

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.

DoninGA

Level 15

Thank you.

The letter does mention EIP stimulus payment.

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

The Economic Impact Payments (stimulus funds) were sent out by the US Government in 2020 and 2021 to all eligible tax filers. However, dependents were not eligible to receive the payments.

Did you claim your son as a dependent on your 2020 and 2021 federal tax returns? If so, then the card was probably issued to him in error.

VolvoGirl

Level 15

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