Here's what to do if you think your coronavirus stimulus check deposit is the wrong amount. (via CNBCMakeIt)
, to the befuddlement of their still-living relatives.
CNBC Make It has also received messages from several people who believe they received the wrong payment amount. In one case, the extra $500 for a dependent child was not included. Another person received a check for a deceased spouse.You received too little If you had a child this year and your stimulus check did not include the $500 dependent credit, that's because it is based on information from 2019 or 2018. In that case, the IRS says you will receive the money next year. "You may claim the child next year for an additional credit on your 2020 tax return," theFor any other issues, once you get your payment, the IRS will send a confirmation letter via mail within 15 days.
the amount of your stimulus check and how to report any issues with the payment. You can use that information when the letter comes to report any discrepancies.
If you received a payment for a deceased spouse, it is unclear exactly what will happen. But tax professionals say it is unlikely that it will need to be repaid. If this happens to you, use the information on the letter you receive from the IRS to get clarification.Don't miss the rest of our stimulus check coverage:
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