EIP in January $600

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008

    #1

    EIP in January $600

    TP with low income received $400 EIP as DD but the letter states $600 was sent and no other explanation. Has anyone else experienced this and what to do? The missing $200 most certainly cannot go on the tax return in this case.
  • TaxGuyBill
    Senior Member
    • Oct 2013
    • 2321

    #2
    Is it possible that any of it was taken for some debt?

    Maybe get the 2020 "Account Transcript" to see what it shows?

    Comment

    • Rapid Robert
      Senior Member
      • Oct 2015
      • 1983

      #3
      I actually posted more or less the same thing as TGB just did, but then I deleted it because I wasn't sure. So now I had to go roll up my sleeves and check the law.

      Under the CARES Act,,

      "Any credit or refund allowed or made to any individual
      11 by reason of section 6428 of the Internal Revenue Code
      12 of 1986 (as added by this section) or by reason of sub
      13 section (c) of this section shall not be—
      14 (1) subject to reduction or offset pursuant to
      15 section 3716 or 3720A of title 31, United States
      16 Code,

      17 (2) subject to reduction or offset pursuant to
      18 subsection (d), (e), or (f) of section 6402 of the In
      19 ternal Revenue Code of 1986, or
      20 (3) reduced or offset by other assessed Federal
      21 taxes that would otherwise be subject to levy or col
      22 lection.
      "

      Under the American Rescue Plan,

      "Any refund payable by reason of section 6428B(g) of
      5 the Internal Revenue Code of 1986 (as added by this
      6 section), or any such refund payable by reason of sub
      7 section (b) of this section, shall not be—
      8 (A) subject to reduction or offset pursuant
      9 to subsection (c), (d), (e), or (f) of section 6402
      10 of the Internal Revenue Code of 1986 or any
      11 similar authority permitting offset,
      or
      12 (B) reduced or offset by other assessed Fed
      13 eral taxes that would otherwise be subject to levy
      14 or collection.
      "

      Now to go look up what the differences mean... sigh.
      "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
      "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard

      Comment

      • New York Enrolled Agent
        Senior Member
        • Nov 2006
        • 1531

        #4
        Originally posted by Rapid Robert
        I actually posted more or less the same thing as TGB just did, but then I deleted it because I wasn't sure. So now I had to go roll up my sleeves and check the law.

        Under the CARES Act,,

        "Any credit or refund allowed or made to any individual
        11 by reason of section 6428 of the Internal Revenue Code
        12 of 1986 (as added by this section) or by reason of sub
        13 section (c) of this section shall not be—
        14 (1) subject to reduction or offset pursuant to
        15 section 3716 or 3720A of title 31, United States
        16 Code,

        17 (2) subject to reduction or offset pursuant to
        18 subsection (d), (e), or (f) of section 6402 of the In
        19 ternal Revenue Code of 1986, or
        20 (3) reduced or offset by other assessed Federal
        21 taxes that would otherwise be subject to levy or col
        22 lection.
        "

        Under the American Rescue Plan,

        "Any refund payable by reason of section 6428B(g) of
        5 the Internal Revenue Code of 1986 (as added by this
        6 section), or any such refund payable by reason of sub
        7 section (b) of this section, shall not be—
        8 (A) subject to reduction or offset pursuant
        9 to subsection (c), (d), (e), or (f) of section 6402
        10 of the Internal Revenue Code of 1986 or any
        11 similar authority permitting offset,
        or
        12 (B) reduced or offset by other assessed Fed
        13 eral taxes that would otherwise be subject to levy
        14 or collection.
        "

        Now to go look up what the differences mean... sigh.
        I think under CARES the only permissible offset was for delinquent child support. IRC 6402(c)

        It appears under ARP that offset has been removed.

        Comment

        • Gretel
          Senior Member
          • Jun 2005
          • 4008

          #5
          Originally posted by TaxGuyBill
          Is it possible that any of it was taken for some debt?

          Maybe get the 2020 "Account Transcript" to see what it shows?
          Maybe, I believe garnishment is allowed. One would think TP would receive a letter and it might still come.

          Comment

          • Rapid Robert
            Senior Member
            • Oct 2015
            • 1983

            #6
            Originally posted by New York Enrolled Agent
            I think under CARES the only permissible offset was for delinquent child support. IRC 6402(c)

            It appears under ARP that offset has been removed.
            Ok, so even more permissive (in favor of taxpayer).

            But what are the offsets for those code sections under Title 31? I took a glance and couldn't tell.

            "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
            "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard

            Comment

            • Rapid Robert
              Senior Member
              • Oct 2015
              • 1983

              #7
              Might have something to do with debt collectors (non-IRS), if one can believe little news snippets. I've seen this mentioned several times now, but in the news they never have to provide a cite to support their opinions.
              "You said it, they'll never know the difference. Come on, we'll paint our way out!" - Moe Howard
              "That's enough! When you didn't know what you were talking about, you really had something! [to Curly]" -Moe Howard

              Comment

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