I received three direct deposits yesterday for $1,200 each for my kids, all of whom are under 17. They are aged 10, 10 and 15. We already received our $2,400 stimulus check. My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get this money? If not, will the Internal Revenue Service penalize us if we keep it?Sometimes, the answer is in the question. Actually, often times the answer is in the question.
Also see: I received my ex-husband’s $1,200 stimulus check because we filed joint taxes in 2018. Should I give him the money or return it to the IRS? “ The coronavirus pandemic may change Americans’ views of the IRS of an organization that is to be feared. ” Those bills — including for cellphones, utilities, cable TV and rent — are the No. 1 priority, even more than purchasing essentials and “relief spending” on apparel, televisions, video games, sporting goods and toys at Walmart WMT, +0.29%, Costco COST, -0.35% and Target TGT, +3.29%.
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