Stimulus Check Bank Account Closed

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 agency inadvertently. The internal revenue service sent millions of americans stimulus checks to the wrong bank accounts tax preparers say a mistake the feds are now trying to fix.

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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.

Stimulus check bank account closed. 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 irs has already. If your account was recently closed the process at the bank i work at would include sending in maintenance paperwork to the deposit operations department and they would ve able to reopen the original account with a cash deposit.

However in a post covid post stimulus check world i could see banks changing their policies on how they handle situations like this to try and avoid having to return the funds back to the source at least for stimulus checks specifically.

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