What are the Economic Impact (stimulus) Payments?
On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act, which, among other things, authorizes economic impact payments (also referred to as stimulus payments or recovery rebate payments) to eligible individuals. For details on these economic impact payments, please visit www.irs.gov/coronavirus.
Under the CARES Act signed on March 27, 2020, the first stimulus payment was required to be intercepted to pay child support arrears. If you pay child support through the state’s IV-D program and owe child support, the Federal Treasury Offset Program (TOP) reduced your first stimulus payment up to the amount owed. The intercepted amount was applied toward your child support arrears.