IRS Warns of Stimulus Check Scams as Trump Tariff Dividend Debate Continues
The Internal Revenue Service is actively warning taxpayers about a resurgence of fraudulent schemes promising stimulus payments, including a purported $1,390 check, as discussion around a potential tariff dividend proposed by former President Donald Trump gains traction. The warnings, issued in recent weeks, come as scammers exploit ongoing economic uncertainty and lingering hopes for direct financial relief.
According to the IRS, these scams typically involve unsolicited communications – often via email, text message, or social media – directing recipients to click on fraudulent links disguised as official IRS websites. These links are designed to steal banking information, personal details, and other sensitive data. The agency emphasizes it does not initiate contact with taxpayers through these channels, particularly regarding unexpected refunds or urgent notices.
“Identity thieves can prey on anyone, at any time,” the IRS stated in a recent advisory. “The IRS doesn’t make initial contact through email or social media channels.”
The renewed scam activity coincides with revived public debate surrounding Trump’s proposal to distribute a $2,000 “dividend” to Americans, funded by revenue generated from his tariffs. While Trump has repeatedly touted the idea, promising payments before the 2026 midterm elections, its feasibility remains uncertain. A November 2025 analysis by the Tax Foundation estimated the proposal could cost between $279.8 billion and $606.8 billion, significantly exceeding projected tariff revenues for 2025, and 2026.
The Supreme Court is expected to rule soon on the legality of the tariffs themselves, a decision that could impact the viability of the proposed dividend. The court’s ruling will clarify how importers would receive tariff refunds, a key component of Trump’s funding plan.
The IRS has confirmed that the last round of federal economic impact payments were distributed in 2021. Any modern stimulus checks would require Congressional action, and as of February 16, 2026, no such legislation has been authorized. The agency similarly notes that the deadline to claim the Recovery Rebate Credit for the $1,400 payments from 2021 has passed, with no extensions granted.
Taxpayers who believe they may be targeted by a scam are advised to contact the IRS directly to authenticate any communication. The IRS also encourages individuals to utilize their secure IRS Online Account to verify any notices or letters received. The agency’s warnings come as the 2026 tax season is underway, with some Americans exploring the use of artificial intelligence to assist with their tax preparation.
The IRS has not commented on the potential impact of the Supreme Court’s upcoming decision on tariff legality, nor has it issued guidance on how taxpayers might receive a tariff dividend should it be authorized by Congress and implemented by the President.
