Despite the fact the couple couldn't access their relief funds, the IRS still sent them a 1099 for the $700 they still haven't received.
, loaded on debit cards. But many reported scammers stole the money off their cards. Others threw them out by mistake. One Bay Area couple had their own fiasco.This couple was one of the first to get a debit card last November. But when they slid the card into an ATM, it didn't come back out. Their money didn't come out either. What they went through to get it back was both funny -- and infuriating.
7 On Your Side told their story to the Franchise Tax Board, the agency distributing this money. A staffer told Brendel he could reach a live agent by calling a different number and pressing option 1, then option 9 then option 2. And it worked!Which was great!"Well what, today's what, January what?" Brendel laughed."Thank you for your call. It is important to us. However, due to the high call volume, we are unable to assist you at this time," the recording now said.
But now things have changed. 7 On Your Side helped Brendel get through to a live agent again. Turns out his card had been sitting for two months waiting to be mailed. The couple just got it by overnight delivery. As for taxes, 7 On Your Side will be reporting on whether this income is taxable or not -- especially if you never got the money... lots of folks are in that situation.7OYS's consumer hotline is a free consumer mediation service for those in the San Francisco Bay Area.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Haven’t Yet Filed Forms 1099? Maybe The IRS Can HelpThe IRS has announced that businesses can now file Forms 1099 using a new online portal called the Information Returns Intake System, or IRIS.
Read more »
A Keen-Eyed Shopper Paid $700 for a Chandelier in an Antique Store. It Turned Out to Be an Alberto Giacometti Worth Up to $3 Million | Artnet NewsA rare Alberto Giacometti chandelier originally purchased at an antique shop for $700 in the 1960s could fetch millions at Christie's London.
Read more »
Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: ReportThe co-founder of shuttered crypto exchange Bitzlato, which had been charged with money laundering in a major international operation earlier this month, said the company plans to eventually resume operating, according to Forklog. By NelWang
Read more »
Jill On Money: The IRS is your friendAnyone who is considering a life change needs to contemplate the tax implications of doing so
Read more »
ERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Jacksonville Business JournalWhen is the true deadline for filing for the Employee Retention Credit? Experts are coalescing around a date, but the IRS remains mum.
Read more »
ERC deadline: As confusion swirls over tax credit filing date, IRS says As confusion swirls around ERC deadline, IRS says 'it depends' - Dallas Business JournalWith up to $26,000 per employee on the line, the ERC is a high-stakes tax credit for businesses — but the IRS remains mum on the actual deadline
Read more »