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Re: Hey Nemo - IRS sent checks to the wrong accounts ? 

By: Zimbler0 in WRGO | Recommend this post (1)
Sat, 27 Feb 21 4:47 AM | 22 view(s)
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Msg. 14956 of 18626
(This msg. is a reply to 14955 by Zimbler0)

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>>>
Stimulus checks sent to wrong bank account? Here’s what to do

http://www.kxan.com/news/coronavirus/stimulus-checks-sent-to-wrong-bank-account-heres-what-to-do/

WASHINGTON, D.C. (KXAN/Associated Press/WXIN) — A number of taxpayers who use tax preparation services, such as H&R Block and TurboTax, say their second relief payments were sent to the incorrect bank account, forcing them to wait longer for their money.

The IRS and the Treasury Department began issuing the Economic Impact Payments last week. The payment is $600 for each eligible adult and dependent for people earning up to $75,000, or $150,000 for married couples filing jointly. Those earning more than that are eligible for a reduced payment.

The IRS said that direct deposit payments would take several days to post to individual accounts but funds were largely available on Monday. Some payments are also being sent via paper check or debit cards during the month of January.

Taxpayers can use the Get My Payment tool on the IRS website to find out about the status of their payment.

However, many people said that they checked the IRS site and found their payments were sent to an account they did not recognize.

Samantha Smith of Dallas said she received her $1,200 relief payment in the spring via direct deposit without any issues. But her payment for this round of economic relief went to an account she did not recognize.

She contacted TurboTax, which prepared her most recent tax filing, and was told if she paid her tax preparation fees with her refund due, rather than paying for it upfront, then the second payment may have been sent to a TurboTax bank. Several other taxpayers who paid their fees the same way also reported delays.

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(Article does continue. Zim.)

And :

http://www.irs.gov/coronavirus/get-my-payment

You can find how and when we issued your first and second Economic Impact Payments using Get My Payment.

As of January 29, 2021, Get My Payment will no longer be updated for the first and second Economic Impact Payments.

If Get My Payment does not provide a payment date, a payment will not be issued and you may claim the Recovery Rebate Credit, if you’re eligible. You must file a 2020 tax return to claim the credit even if you usually don’t file.


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The above is a reply to the following message:
Hey Nemo - IRS sent checks to the wrong accounts ?
By: Zimbler0
in WRGO
Sat, 27 Feb 21 4:44 AM
Msg. 14955 of 18626

Millions of stimulus checks sent to wrong bank accounts, tax firms claim

http://nypost.com/2021/01/08/stimulus-checks-sent-to-13m-invalid-bank-accounts-tax-firms/

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.

The agency “inadvertently sent payments to over 13 million bank accounts that are no longer open or valid,” forcing affected banks to return the money to the US Treasury, according to tax-preparation service Jackson Hewitt.

The estimate is the latest sign that the IRS’ rollout of the $600 coronavirus relief payments suffered from a large-scale glitch as the agency worked to distribute the money by Jan. 15.

The IRS said Friday that it’s working to get the misplaced funds into Americans’ correct bank accounts. That marks a shift from earlier this week, when officials indicated that unlucky taxpayers would have to claim the payments on their 2020 tax returns later this year.

>>>

(Article does continue. Zim.)


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