Wednesday, July 9, 2008
I received a $600 economic stimulus check this week as the executor of my deceased father's estate. The IRS's Economic Stimulus Payments Information Center indicates that is the normal practice:
- Q. If an individual dies, what happens to his or her direct deposit or stimulus check?
- A. Stimulus payments will be issued in the name of the individual eligible for payment on a filed 2007 income tax return or to the account designated by the individual on that return. This includes situations where a person dies after filing a return or where the final 2007 income tax return was filed by a personal representative or surviving spouse. Any issues or concerns involving a decedent's filed return or the related stimulus payment should be addressed by the legal representative of the decedent's estate.
What is the purpose for making economic stimulus payments to dead people?