Offer in Compromise-Stimulus Check?
Hi! Does any one happen to know if you have a pending Offer in Compromise (it's been filed), are you still eligible to receive the government economic stimulus check?
Thanks!
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Hi Nicole Austin Ware. That's a really great question. Early in the program, lots of word was spread that you would not receive a payment if you owed money to the IRS. However, the IRS has since stated (for those who qualify for the CARES Act stimulus payment) that deductions will only be withheld if you owe child support. This is backed by the answer to Question 21 on this IRS site: https://www.irs.gov/coronavirus/economic-impact-payment-information-center
To check the status of your payment, visit the IRS here: https://www.irs.gov/coronavirus/get-my-payment
We hope this information helps. Please note that this information comes directly from the IRS, to which Credit Sesame is in no way affiliated; therefore, we cannot make any guarantees.
Best of luck, and stay safe.
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