Rebate Check Question?

Question

I received a Notice of Deficiency for tax year 2006. I have until August to petition the tax courts. My question is that I am scheduled to receive my rebate in July. Will they hold my rebate, or use it as an offset, eventhough the tax hasn't been assessed yet? Thanks!!!

Answer 1

A CP2000 is a proposal to pay.  Other forms actually state that the IRS has adjusted your tax bill.

If your got a proposal, due to timing issues, you may get your stimulus check.

However, if you actually owe the money, you might as well send it back in.