$185,000 Stimulus Check For US Homeowners In 2024: Everything You Need To Know

In early September 2023, a rumor spread quickly across social media, mainly Facebook, including a claimed stimulus check of up to $185,000 for homeowners. This false claim indicates that the $185,000 Stimulus Checks were to be made by the Biden administration as part of an “emergency housing stimulus,” with the only requirements being home ownership and a credit score greater than 600.

This claim caused some confusion, but it proved to be entirely false, disappointing many who had hoped for any kind of financial relief.

$185,000 Stimulus Check

The rumor suggested that homeowners were eligible for stimulus checks ranging from $50,000 to $185,000. This false information was initially spread by a widely shared Facebook post that led viewers to a broken website. Unfortunately, the combination of the claim’s appeal and the uncertain economic climate contributed to its spread quickly.

But authorities quickly disproved the claim in an interview with USA Today, including IRS spokesman Alejandra Castro, who recognized it to be a fraud. Castro confirmed that there was no real base for the claim and that the IRS was not involved in any such operation.

$185,000 Stimulus Check For These US Homeowners

The fake claim’s Facebook post was unrelated to any official U.S. government initiative, and the website it linked to provided no more details. The $185,000 Stimulus Checks claim was completely disproved and there was no proof that such a program ever existed or would be implemented in the future.

Unfortunately, because of the post’s viral popularity and timely release during a time when financial support is significantly needed, a large number of people accepted the misleading information.

False Facebook Rumor Explained

• In reality, this fake $185,000 Stimulus Checks was nothing like any of the legislative initiatives from the Biden administration, especially those that were passed in September 2023.
• It was discovered that the widely circulated Facebook post, which gained a lot of attention online, was a fake unrelated to any official agency.
• The scam served as an additional example of how quickly false material may spread on social media, confusing users and creating false expectations.
• Even though the lengthy discussion generated by the false claim, it was simply a baseless rumor.

Real Stimulus Payments in Some States

Although $185,000 stimulus checks are not being issued, several states are providing financial relief to citizens facing hardships. These state-level programs offer targeted support to ease financial burdens.

States like West Virginia, Alaska, California, and New Mexico are providing tax credits or other forms of assistance to help residents. These payments aim to reduce financial stress and encourage spending.

One of the most notable programs is Alaska’s Permanent Fund Dividend, which provides $3,200 to residents. However, recipients must meet certain criteria, such as maintaining Alaska as their primary residence for at least a year and having no criminal record. This is a one-time benefit.

IRS Warnings About $185000 Stimulus Checks

• Americans have regularly received alerts from the IRS to be aware of frauds, particularly those that are spreading on social media.
• Scammers encouraged people to create fake tax returns earlier in 2023 with the goal of receiving significant refunds.
• These schemes included disinformation regarding pay, withholding amounts, and even fake workers.
• The Internal Revenue Service focused on that anyone found to have submitted false tax information may be subject to fines of up to $5,000 as well as criminal charges.
• The IRS offers people to correct any incorrect returns and, if required get professional tax advice in order to avoid penalties.

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