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Almost 60,000 stimulus checks sent to deceased individuals have been returned voluntarily, according to a Treasury Department report issued Thursday. The funds sent back totaled $72 million.
The $1,200 economic impact payments were issued to households as part of the CARES Act pandemic relief law passed in March 2020. The IRS issued roughly 168 million checks totaling $280 billion by year-end.
However, the federal government sent nearly 4.5 million payments to individuals who potentially didn’t qualify for the aid, according to the Treasury report.
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