What If My Stimulus Check Went To Wrong Account
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Say your account on file with the irs is still active but it s not your preferred account because you owe fees or it s so old that you forgot your password.
What if my stimulus check went to wrong account. According to the internal. If any of these situations applies to you your stimulus payment isn t simply lost. It just complicates the process a little.
For me my first check went to my bank account and the second shows an account i do not know another said the stimulus appeared in his bank account but disappeared somehow. If the bank account that your stimulus payment is sent to is closed or. But you could be waiting a lot longer as a result.
Unfortunately especially with many irs offices closed there s little individuals can do except wait. When a stimulus check goes to a closed bank account if on the other hand the account was closed you have little reason to worry though your payment will be delayed. In an answer to a customer on a faq page about the latest checks a turbotax representative explained that if a person s bank information is incorrect or the account has been closed the bank will.
The irs has not confirmed how many stimulus payments went to closed or invalid accounts but the agency has admitted that some checks went to the wrong destinations because of the speed at. So what should you do if your stimulus check went to a mysterious account number. If you ve closed the bank account that the irs had on file from your last tax return your bank will send it back to the irs.
Bank account no longer active if your stimulus payment has gone astray it could be because you have changed banks since last filing a tax return either in 2018 or. That means if you re due to receive a check but you have recently changed banks or closed an account you may need to claim your check on your 2020 tax return as a recovery rebate credit. When a stimulus check goes to the wrong bank account.
If you ve closed the bank account. Unfortunately there s little you can do if the irs has already begun processing your stimulus payment.