Bank Account Closed For Second Stimulus Check

The latest round of 600 stimulus checks is on the way.

Bank account closed for second stimulus check. The irs has already. The irs says stimulus checks sent to accounts that were closed or are no longer active must by law be returned to the tax agency. Some people are receiving this message with the second round of stimulus checks which the irs says either means the person doesn t qualify for a check such as if their income exceeds the.

Meanwhile many have already arrived for millions of americans. As such if the irs uses the bank account details from your 2018 return to issue your stimulus you may run into a scenario where you ve since closed that account. But for people who recently changed their bank account information that.

Those bank account numbers are what the irs has on file for many taxpayers. The irs has sent payments to more than 13 million bank accounts that were closed or no longer valid tax preparation. Last month congress approved 600 direct payments for most.

If the stimulus check goes to a closed bank account the bank will reject the direct deposit request and the irs will send you a paper check to the mailing address it has on file for you. The financial institutions can t hold and reissue. Bank account no longer active.

Dallas cbsdfw com a second round of federal stimulus checks are now hitting people s bank accounts and arriving in mailboxes. The stimulus money is being spread across the economy to consumers in three different ways. The latest round of 600 stimulus checks is on the way but for people who either changed their bank account information or moved recently the next payment may be delayed.