Fact Check: Is the IRS Really Issuing $8,700 Stimulus Checks?

In recent weeks, claims have circulated online suggesting that the Internal Revenue Service (IRS) is distributing $8,700 stimulus checks to Americans. However, after thorough investigation, these claims appear to be entirely false.

No Official Announcement from the IRS

The IRS has not issued any statements or press releases regarding a new round of stimulus checks amounting to $8,700. As of now, there is no legislation authorizing such payments, nor has Congress passed any stimulus-related measures in recent months. Any such claims should be treated with skepticism.

For official updates on stimulus payments and tax credits, the IRS provides reliable information on its website: www.irs.gov.

A Look Back: Previous Stimulus Payments

To provide context, the U.S. government did issue three rounds of Economic Impact Payments (EIP) during the COVID-19 pandemic:

1. March 2020 – CARES Act
   • $1,200 per eligible adult
   • $500 per qualifying child
2. December 2020 – Consolidated Appropriations Act
   • $600 per eligible adult
   • $600 per qualifying child
3. March 2021 – American Rescue Plan Act
   • $1,400 per eligible adult
   • $1,400 per qualifying dependent

Details on past stimulus programs can be found on the U.S. Treasury website.

Where Did the $8,700 Claim Originate?

The misinformation appears to have originated from misleading social media posts and fraudulent websites that capitalize on public confusion about economic relief programs. Scammers often use fake headlines and manipulated images of checks to lure individuals into providing personal information. The IRS warns taxpayers to be cautious of such scams and avoid sharing sensitive details with unverified sources.

If you suspect fraud related to tax payments or stimulus checks, you can report it directly to the IRS.

Beware of Stimulus Scams

With misinformation spreading rapidly, it is crucial to recognize the warning signs of financial scams. Here are some red flags to watch out for:

• Emails, text messages, or phone calls claiming to be from the IRS requesting personal information.
• Websites promising government checks in exchange for a fee.
• Fake social media posts with altered images of checks or IRS documents.

The IRS emphasizes that it does not initiate contact with taxpayers via email, text, or social media. Any legitimate tax refund or stimulus payment will be processed through official channels.

How to Verify Legitimate Government Payments?

For individuals seeking information on government assistance programs, the best sources include:

• IRS Economic Impact Payment Information.
• U.S. Department of Treasury Updates.
• Federal Trade Commission (FTC) Scam Alerts.

Conclusion

While economic uncertainty continues, it is important to rely on official government sources for accurate information. The claim that the IRS is issuing $8,700 stimulus checks is false, and individuals should remain cautious about misinformation spreading online.

For real updates regarding tax credits, stimulus payments, and financial aid, always refer to official government websites.

This article has been carefully fact-checked by our editorial team to ensure accuracy and eliminate any misleading information. We are committed to maintaining the highest standards of integrity in our content.