As soon as the United States announced a stimulus plan that included deposits of up to $1,200 for qualifying American citizens, scams posing as the IRS began to appear. Here are some things to keep in mind about your potential stimulus payment:

  • The IRS will never ask for sensitive personal or payment information (such as credit card information) over the phone
  • You will never receive a payment over the correct amount, with instructions to send the excess to another party
  • You do not have to sign up at a website to claim this payment
  • You will only receive a check if you have a Social Security Number, filed taxes in 2018 or 2019 (or receive Social Security payments), are not somebody else’s dependent, and meet the following income requirements:
    • Single: earned less than $99,000 on your most recent tax return
    • Head of household: earned less than $136,500
    • Married: jointly earned less than $198,000

More information about the stimulus payment can be found here, and more myths and common scams can be read about here.

Verdict: False

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