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Why is the US Department of Treasury sending out checks?
Your payment may be less than you expected because you owed an overdue debt to a federal or state agency. If that is the case, you should have received a letter explaining what happened. Treasury may withhold money to satisfy an overdue (delinquent) debt.
What comes from the Michigan Department of Treasury?
The Michigan Department of Treasury is responsible for collecting, disbursing, and investing all state monies. The Department advises the Governor on all tax and revenue policy, collects and administers over $20 billion a year in state taxes, and safeguards the credit of the state.
Are Michigan residents getting $500?
LANSING, Mich. Today, Governor Gretchen Whitmer announced that eligible Michigan families will begin receiving Working Families Tax Credit supplemental checks this week as a part of $1 billion in tax cuts. The checks will put an average of $550 into Michiganders pockets in more than 700,000 Michigan households.
Why would I get a check from the Michigan Department of Treasury?
The Michigan Earned Income Tax Credit (EITC) was expanded from 6% to 24% effective tax year 2022. When this law took effect, 2022 tax returns were already filed. Therefore, in February 2024, Treasury mailed supplemental check payments to qualified filers who claimed the credit on their 2022 return.
Why would I be getting a letter from the Michigan Department of Treasury?
We will send a letter/notice if: We have a question about your tax return. We need to verify your identity. We need additional information. We adjusted your return.
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People also ask
Why am I getting something from the Michigan Department of Treasury?
There is absolutely no reason you would get a call from the Michigan Treasury Department. This is a scam and you should NOT call them back. If you do, youll be told you owe taxes and will be subject to an arrest. THats not how the government works, however.
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