Money Network visa card

Forum|Forum|2 years ago
August 17, 2023
2 replies
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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.

NCperson

Level 15

Thank you

I did claim him as a dependent for 2020, 2021 and 2022.

He got the card in 2023.

So, if it was sent to him by mistake, should he activate it or not?

@enaudij0117 - call the number on the back of the card and put in dummy activation numbers, hopefully that will force the call to a live person - ask them -

is it from your state? kinda late to be getting EIP payments now that were issued so long ago.

Also, look as your son's transcript on IRS.gov - there will be a transaction on that transcript - check 2020 and 2021 tax years if that is what this card is.

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