Stimulus money
We have four children, two have filed independent taxes for 2020. I just received $8,400 from the government. But both independent young adults also received it. How do we give it back? Or will we be charged this as income on next years taxes? I don’t know how to give the extra money back.
Terry Says
Don’t even try. Eventually the IRS will sort this out and may ask for the money back. But if you even try to return some you will be in a giant hassle as there is no procedure yet. I appreciate your honesty, and you are not scamming the government. They will get around to finding you, likely. Just wait!