It appears that the Internal Revenue Service (IRS) made no distinction between ordinary law-abiding citizens and those incarcerated for violent crimes when paying out $1,400 stimulus checks approved through President Joe Biden’s US bailout plan last spring.
According to Fox news“The federal government is indicting convicted murderers and sex traffickers who received Covid-19 stimulus checks and orders them to use the money to pay restitutions to the families of their victims.
Fox News also reported that “Senate Republicans wept loudly last week after it was revealed that the Boston Marathon bomber” Dzhokhar Tsarnaev received a $1,400 stimulus check under the $1.9 trillion dollar emergency lighting bill.”
Massachusetts federal officials have filed a motion urging the court to order Tsarnaev to relinquish the check and all other funds in his inmate account to be spent on the more than $100 million he owes his victims. is owed.
Legal to issue a stimulus check
The Federal Bureau of Prisons cited information about the IRS website, stating “that the IRS cannot refuse payment to anyone in prison if they are a US citizen or a US resident alien, if they are not claimed as dependent on another taxpayer, and if they are also have a social security number that is valid for employment.”
Under Biden’s incentive legislation, those making as much as $75,000 in adjusted gross income (AGI), or couples making $150,000 — in addition to their children or adult dependents — were eligible for the full $1,400 per person. In addition, single parents with at least one dependent earning $112,500 or less were also eligible for the full amount. But those with an income of $80,000, or a few $160,000, were not due for this round.
Steps for ordinary citizens
Ordinary citizens who have received their stimulus checks can expect an IRS notice known as: Letter 6475, which can be used to help calculate their federal tax returns.
The IRS has also stated that individuals who have received the direct payments are not required to pay taxes. “No, the payment is not income and taxpayers are not taxed on it”, the IRS writes on her website. “The payment will not reduce a taxpayer’s refund or increase the amount they owe when they file their 2020 or 2021 tax returns next year.”
For those who have not yet received their incentive money, they must ensure that they have the Credit for recovery discount on their tax return.
“If you didn’t qualify for a third Economic Impact Payment or received less than the full amount, you may be eligible for the 2021 Recovery Rebate Credit based on your 2021 tax year data,” the IRS says.
“If you qualify, you’ll need to file a 2021 tax return, even if you don’t normally file a tax return. Your 2021 Credit for recovery discount will reduce the tax you owe for 2021 or be included in your tax refund,” it concludes.
Ethen Kim Lieser is a Washington state-based science and technology editor who has featured on Google, The Korea Herald, Lincoln Journal Star, AsianWeek, and Arirang TV. Follow or contact him LinkedIn.