4 published verifications about Internal Revenue Service Internal Revenue Service ×
“The top 1 percent of US taxpayers pay approximately 40 percent of all federal income tax revenue.”
Recent IRS-based data place the top 1% at roughly 38% to 42% of federal individual income taxes, so “approximately 40 percent” is an accurate summary. The claim is reliable when read narrowly as individual federal income tax share. Confusion arises only when it is mistakenly compared with the top 1% share of all federal taxes, which is a different measure.
“Under Internal Revenue Service news release IR-2026-58, a taxpayer who has not yet responded to Internal Revenue Service Letter 105-C or Letter 106-C is not considered to be waiting for the Internal Revenue Service to consider their response, has not triggered Internal Revenue Service review, and therefore does not meet the first eligibility condition for the streamlined process described in IR-2026-58.”
The release’s eligibility language is best read to require that a response to Letter 105-C or 106-C has already been sent. That means a taxpayer who has not yet responded generally does not meet the first condition for the streamlined Form 907 process in IR-2026-58. The claim overstates one point, however, because the release does not expressly say that no IRS review has been triggered.
“The Internal Revenue Service is offering rewards to individuals who provide information regarding tax fraud as of April 23, 2026.”
The IRS Whistleblower Program is confirmed as actively operational on the claim date, with official IRS communications from as recently as April 17, 2026, explicitly stating the program "offers monetary awards of up to 30% of proceeds collected" for information about tax noncompliance. Multiple IRS pages direct the public to submit Form 211 to claim awards. While eligibility thresholds and collection contingencies apply, these are standard program conditions that do not negate the existence of the reward offer.
“The IRS will provide $1,390 stimulus checks in 2026.”
This claim is false. The IRS has not announced or authorized any $1,390 stimulus check program for 2026, and Congress has not approved such payments. The "$1,390" figure circulating online is a viral rumor. Some individual taxpayers may receive refunds near that amount based on their personal tax situations, but that is not a stimulus program. The only official IRS documentation available discusses payment modernization — not stimulus checks. Multiple credible sources have debunked this claim.