The Federal Trade Commission is putting out a call to action for those in nursing homes or long term care facilities and their loved ones after the agency received reports that some facilities have taken stimulus payments intended for residents.
FTC Elder Justice Coordinator Lois Greisman released a statement Friday saying that reports claimed some assisted living facilities were keeping stimulus checks, claiming that if the resident is on Medicaid, the facility gets to keep the stimulus payment. [RELATED: IRS to add hotline, callers can ask questions about stimulus checks] “But here’s the deal: those economic impact payments are, according to the CARES Act, a tax credit,” Greisman wrote. “And tax law says that tax credits don’t count as