Stimulus Payment Going To Closed Account
In these cases payments were returned to the.
Stimulus payment going to closed account. 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 which. All financial institutions are required to return second stimulus payments in certain circumstances such as when they are sent to a closed account. The problem was that the irs erroneously sent payments for millions of americans to inactive or closed accounts that were set up by tax prep companies to receive refunds for customers.
However paper checks may take weeks longer to arrive than direct deposits. Temporary accounts are closed immediately once the money is transferred to taxpayers so they did not exist when the irs attempted to send some stimulus payments.