Most stimulus checks will be deposited into bank accounts. Payments sent to a closed account will bounce back to the IRS and be sent as a check or debit card. If you don’t recognize the account number shown on “Get My Payment,” it could be tied to an existing debit card.

What happens if a stimulus check is sent to a closed account?

Your best bet is to contact the bank where your money was deposited (per IRS status) and ask to see if they can reverse the payment. But again this will mean the stimulus payment will be sent back to the IRS and you will need to wait for a paper check.

How long after a tax refund is approved is it sent?

They will provide an actual refund date as soon as the IRS processes your tax return and approves your refund. Most refunds will be issued in less than 21 days. You can start checking the status of your refund within 24 hours after you have e-filed your return.

What happens if you deposit your tax refund into a closed account?

There isn’t anything you (or TurboTax) can do once it’s been filed and Accepted by the IRS. What will happen is the bank will reject the deposit and the IRS will send you a paper check to the address on your tax return. You could try to contact the IRS and state taxing authorities to see if they can stop it, but that likely won’t help.

What happens if I entered the wrong bank account number on my tax return?

If you entered incorrect banking information for your refund, you can change it if your return is rejected. If it is accepted, however, it is too late to change it. The bank will reject the refund and send it back to the IRS. Then the IRS will issue a paper check and mail it to the address you put on your tax return.

What to do if your tax refund is not accepted?

If you did not use the Refund Processing Service, you may be able to contact the IRS directly (800-829-1040), after the return has been accepted, and see if they might be able to update your bank account information. If you aren’t successful in getting the bank account information updated, don’t worry.

Can a tax return be deposited into someone else’s account?

Once your return has been accepted (or mailed), it’s too late to change your bank account information or your refund method. If the info you entered is someone else’s account, don’t worry – some banks won’t deposit tax refunds into accounts where names don’t match up.