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IRS Warns of Scams Amid $2,000 Stimulus Check Rumors and Tax Season Prep

Yahoo Finance •
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The IRS braces for a surge in tax returns as Treasury Secretary Scott Bessent predicts $1,000-$1,500 billion in refunds this year, with many households potentially receiving $1,000-$2,000 per person. While no official stimulus check has been confirmed, President Trump hinted at possible economic relief, suggesting payments might arrive toward year-end. The agency also announced automatic $1,400 payments to one million taxpayers who missed claiming the 2021 Recovery Rebate Credit, streamlining access for eligible recipients.

Scammers are exploiting tax season urgency, prompting IRS warnings about phishing emails, fake social media accounts, and fraudulent texts impersonating the agency. The IRS clarifies it never initiates contact via email or text unless taxpayers opt in, and scams often threaten arrests for non-payment. Officials stress verifying communications through letters or calls before sharing personal data.

Despite Trump’s remarks, no legislation has been finalized for stimulus checks. Analysts note the $1,400 automatic payments address past oversights but don’t signal broader relief. With tax deadlines approaching, the IRS emphasizes security measures to protect taxpayers from fraud.

Quick Fact: The IRS will automatically issue $1,400 payments to one million taxpayers who missed the 2021 Recovery Rebate Credit.