India, Oct. 8 -- There is news going around on social media that the Internal Revenue Service (IRS) has announced that it will be sending out around $1,400 in direct deposit relief payments to eligible taxpayers.

This measure is meant to provide relief in times of high inflation to Americans. The exact amount to be refunded is $1,390, and the people who qualify for these payments are: single filers whose earnings are up to $75,000; married couples whose collective earnings are up to $150,000; and 'head-of-household' filers with a higher earning ceiling.

However, this news is completely false. There is no such payment that is going to be made into the accounts of the taxpayers.

The Sun reports that the rumor is based on payments made to...