Do not make follies for the moment.
Rumors spread on Friday that the United States government will soon issue taxpayer recovery checks in certain income tranches.
But the congress has not adopted legislation to authorize such payments and, according to IRS, no new recovery check will be distributed in the coming weeks.
Here is a more in -depth examination of the facts.
CLAIM: The Internal Revenue Service And The Treasury Department Approved 1,390 recovery checks which will be distributed to taxpayers with low or intermediate income by the end of the summer.
The facts: this is false. Taxpayers will not receive new recovery checks for any amount this summer, said an IRS official. Recovery checks, also known as economic impact payments, are authorized by the Congress by legislation and distributed by the Treasury Department. Republican senator Josh Hawley of Missouri last month an invoice This would send tax discounts to qualified taxpayers using the income from the prices set up by President Donald Trump. Hawley’s bill did not adopt the Senate or the Chamber.
IRS announced at the beginning of this year that it Distribute around 2.4 billion dollars Taxpayers who have not claimed in their income declarations in 2021 a recovery return credit – a refundable credit for people who have not received one or more COVVI -19 recovery checks. The maximum amount was $ 1,400 per individual.
Those who had not already filed their declaration of income of 2021 should have filed it by April 15 to claim the credit. The IRS official said there was no new credit that taxpayers can claim.
The previous recovery controls were authorized by the legislation adopted by the Congress. For example, payments during the coronavirus pandemic were made by possible by Three invoices: the AID coronavirus law, help and economic security; the law on tax alternatives linked to COVID; and the American Rescue Plan Act.
In 2008, recovery controls were authorized in response to the great recession through The law on economic recovery.
The Treasury Department, which includes the interns returned service, has distributed recovery payments during The cocovi-19 pandemic And The great recession. The Treasury tax office, trained in 2012, also played a role during the old crisis.
Hawley in July presented The American Worker Rebate ActWho would share pricing income with qualified Americans through tax discounts. The proposed discounts would amount to a minimum of $ 600 per individual, with additional payments for eligible children. The discounts could increase if the pricing income is higher than expected. Taxpayers with an adjusted annual gross income greater than a certain amount – $ 75,000 for those who deposit individually – would receive a reduction in the discount.
Hawley said the Americans “deserve a tax discount”.
“As President Trump proposed, my legislation would allow Americans who work hard to benefit from the wealth that Trump’s prices return to this country,” Hawley said in a press release.
Neither the Senate nor the Chamber had adopted the American law on the presentation of workers from Friday. It was Read twice In the Senate on July 28, the day of its presence and referred to the finance committee.
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Find the verifications of the AP facts here: https://apnews.com/apfactcheck.
