8. Owing back taxes and other debts
Behind on your taxes, child support, or other debts? Don’t worry! Uncle Sam cannot hold your third stimulus money. And no, it won’t be subject to any reduction. If you owe federal taxes, debts, unemployment compensation debts, or state income taxes, your stimulus check money can’t be used to pay them.
For the first round of stimulus payments, things were a little bit different. For instance, the taxman was entitled to use the first stimulus check money to pay child support. Now, the stimulus payments aren’t subject to garnishment by debt collectors or creditors.
Rest assured! You will get the money even if you owe back taxes, child support, or other debts.
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