Stimulus Check Deposited Closed Account

The irs says stimulus checks sent to accounts that were closed or are no longer active must by law be returned to the tax agency.

Stimulus check deposited closed account. Payment sent to wrong account. The irs website reads if the account is closed or no longer active the bank will reject the. When your stimulus lands in a closed account the fact that americans are receiving stimulus cash via direct deposit is a good thing it means they get their money sooner.

The irs has until friday jan. If you need help with the public file call 713 778 4745. 15 to deliver your second stimulus check of up to 600 by direct deposit mailed check or eip card.

But a glitch could be fixed by filing a 2020 tax return. The irs said it has deposited more than 100 million stimulus checks into eligible americans bank accounts since the money started going out last week. 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.

The financial institutions can t hold and reissue. If your stimulus check is deposited to an account that is closed the bank will reject the money. If you are one of the tens of millions of americans who qualify.

If your stimulus payment has gone astray it could be because you have changed banks since last filing a tax return either in 2018. The irs has already. Those who closed bank accounts might have trouble getting second stimulus checks quickly.