Rebate checks diverted to pay $2B in debts

[defendandprotect]

We finally got our rebate check yesterday . . . .
will it clear is now the question --- !!!!


Rebate checks diverted to pay $2B in debts
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Enlarge By Jeff Fusco, Getty Images

So far, 1.8 million rebate checks have been intercepted by Treasury Department computers showing that individuals owe money to federal or state governments.


Yahoo! Buzz Digg Newsvine Reddit FacebookWhat's this?By Dennis Cauchon, USA TODAY
About $2 billion in economic stimulus rebate checks are being confiscated to pay overdue bills for child support, students loans and back taxes, the government says.
So far, 1.8 million rebate checks have been intercepted by Treasury Department computers showing that individuals owe money to federal or state governments.

The biggest beneficiaries: parents who are owed child support.


USING YOUR REBATE: What's good for you vs. U.S. economy?

The Internal Revenue Service has mailed 77 million checks worth $64 billion — a little more than half the expected total.


http://www.usatoday.com/money/perfi/taxes/2008-06-24-deadbeats_N.htm?se=yahoorefer

[sandnsea]

1. Not parents, state TANF

just to clarify who usually gets the child support money. Note the word "usually".

[crikkett]

2. I always thought this rebate check thing was a huge audit,

this may be supporting my theory.

[trof]

3. It happened to me.

I miscalculated what we owed in 2007 income taxes.
To the tune of close to $3000.
It's a long story.

Anyway, after being informed of the fact and contacting the IRS, I was told the best thing to do was refile and send a check for the balance.
I did.

In the meantime the IRS notified me that they were crediting my 'account' with $1200 and I should pay the balance of $1700 & change.

Well, too late. I'd already filed the amended return and paid the bill in full.
I'm still waiting to be 'stimulated'.
:-(