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Taxpayer Died 03/2020

pudave
Level 2

taxpayer died 03/2020, she filed her 2019 tax return and received stimulus of 1,200 via direct deposit to her  bank account. Can her kids use the money or should they contact the IRS to return it? 

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BobKamman
Level 13

I'm surprised the bank account is still open.  I don't have any doubt that 2020 decedents (that is, their heirs and beneficiaries) are entitled to the credit, just as they would be on a final 1040 next year had she bought energy-efficient windows in January.  For 2019 decedents, I think IRS had to follow the precedent from 2008, when they sent rebates to those who died in 2007.  For 2018, I think IRS asked Treasury, "Do you want it right or do you want it fast?", and they got their answer.  

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BobKamman
Level 13

I'm surprised the bank account is still open.  I don't have any doubt that 2020 decedents (that is, their heirs and beneficiaries) are entitled to the credit, just as they would be on a final 1040 next year had she bought energy-efficient windows in January.  For 2019 decedents, I think IRS had to follow the precedent from 2008, when they sent rebates to those who died in 2007.  For 2018, I think IRS asked Treasury, "Do you want it right or do you want it fast?", and they got their answer.  

View solution in original post