What If Stimulus Check Went To Wrong Account
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If your stimulus payment has gone astray it could be because you have changed banks since last filing a tax return either in 2018.
What if stimulus check went to wrong account. When a stimulus check goes to the wrong bank account 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. But this system isn t perfect. 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.
Payment sent to wrong account. Unfortunately especially with many irs offices closed there s little individuals can do except wait. Bank account no longer active.
The irs and the treasury department began issuing the economic impact payments last week. But you could be waiting a lot longer as a result. 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 you ve closed the bank account. Here s what will happen. 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.
If your stimulus check was sent to the wrong account you ll still get your payment eventually. The payment is 600 for each eligible adult and dependent for people earning up to 75 000 or 150 000 for.
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