What Happens If Stimulus Check Sent To Closed Bank Account
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A turbotax representative explained that if a person s bank information is incorrect or the account has been closed the bank will reject the.
What happens if stimulus check sent to closed bank account. The agency inadvertently sent payments to over 13 million bank accounts that are no longer open or valid forcing affected banks to return the money to the us treasury according to. Irs sent payments to closed temporary bank accounts millions of americans have received their stimulus checks but some ohioans who haven t say they are confused and. It is very unlikely that your stimulus check will have been sent to someone else s back account but if you have a feeling that might have happened contact the irs directly through the irs2go.
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. According to the irs the agency is using the bank account information provided on your 2019 tax return or information you have provided to a federal agency that sends you regular benefits to send. 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.
Then the agency may try to send a paper check or debit card to the address it has for you on record if there s. The irs has already. Direct deposits of the second round of stimulus payments began last week with paper checks hitting the mail dec.
If the irs sent the payment to an old bank account the payment will be sent back. Stimulus checks sent to wrong bank account.