May 27, 2021
3  Likes 0 Comments
About this Deal
lmost 60,000 stimulus checks sent to deceased individuals have been returned voluntarily, according to a Treasury Department report issued Thursday. The funds sent back totaled $72 million.
The $1,200 Economic Impact Payments were issued to households as part of the CARES Act pandemic relief law passed in March 2020. The IRS issued roughly 168 million checks totaling $280 billion by year end.
However, the federal government sent nearly 4.5 million payments to individuals who potentially didn't qualify for the aid, according to the Treasury report.