IRS stimulus payment recipients lash out against Trump's 'vanity letter'
The Coronavirus Aid, Relief, and Economic Security (Cares) Act, signed into law March 27, provides a $1,200 refundable tax credit for individuals and $2,400 for joint taxpayers. People whose adjusted gross income qualifies them to receive a stimulus payment are supposed to receive an additional $500 for every dependent child under 17. The Treasury Department and the IRS reported last week that an initial 88.1 million payments worth nearly $158 billion had been issued.
But the rush to get money to tens of millions of people has resulted in payment errors.
The Cares Act set out a way for people to verify that they received the right amount and seek help to resolve problems with their stimulus payments.
The law says a letter should be mailed to a taxpayer’s last known address 15 days after a stimulus payment is sent. The letter is supposed to indicate the method by which a payment was made (direct deposit or check, for instance), the amount of the payment and a phone number for the “appropriate point of contact” at the Internal Revenue Service to report any issue.
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However, what should have been an instructive letter coming from either the Treasury or the IRS reads more like a message that the Trump reelection campaign would send out to voters.
“Just as we have before, America will triumph yet again — and rise to new heights of greatness,” the letter says.
This language is just another way of restating Trump’s 2016 campaign slogan, “Make America Great Again,” or the president’s 2020 rallying cry, “Keep America Great.”
https://www.msn.com/en-us/news/politics/irs-stimulus-payment-recipients-lash-out-against-trumps-vanity-letter/ar-BB13kzVn?li=BBnbfcL
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