Don't be too quick to tell your deceased clients they can spend that EIP

[Just-Lisa-Now-]

https://www.yahoo.com/news/treasury-wants-stimulus-payments-dead-010712389.html

[dkh]

…….He said the department is checking databases that would help Treasury track payments worth up to $1,200 to individuals, based on their 2018 or 2019 tax returns, but who have died.

I can't imagine that will be a smooth or fair process.   Wonder if that "up to $1200" means only returns for the filing status of Single.  Or will they tell the widow she has to hand over $1200 because President Trump vowed to get it back.  

[BobKamman]

Have you seen the latest version of that letter signed by the President?

P.S.  If you're dead, contact me immediately.

[dkh]

I haven't personally seen the EIP letter.  Rumblings on the internet are it's more a campaign letter than explanation of EIP calculation.     

[TaxGuyBill]

"Don't be too quick to tell your deceased clients they can spend that EIP"

I avoid talking to anybody that is deceased.  😀

[Just-Lisa-Now-]

I got the EIP letter, it went directly into the recycle bin.  Sending  a letter out telling you that you've received the money, after youve already received the money, is a waste of paper.

If they were going to send it out weeks prior to getting the money, I could see that being helpful, so youd know what to expect and when, but after the fact seems like a waste of paper.

[IRonMaN]

It shouldn’t take too many rocket scientists to locate some of those checks anyway.  Anybody with the name Joe Plumber “deceased” should be relatively easy to spot.    Do dead people get a special letter from our president?  “Here is a little gift from me to you to help you start out a new life”?

[The_AntiTax_Man]

FUBAR