![]() ![]() 'Payment Status Not Available': IRS says some won't receive second stimulus check automatically We have also re-confirmed with the IRS that they have all of the correct banking information for our customers." As a result, our expectation now is that within days the error will be corrected and stimulus payments will begin being deposited into the correct bank accounts. We have been working tirelessly on a solution with the Treasury and the IRS. Unfortunately, because of an IRS error, millions of payments were sent to the wrong accounts and some may not have received their stimulus payment. The tax preparation company said earlier this week in part: "The IRS recently began issuing a second round of stimulus payments to those eligible. Many H&R Block customers were impacted and now TurboTax is addressing the issue with its customers. The IRS previously admitted to depositing millions of dollars in stimulus payments not attached to the actual consumer. TurboTax announced Friday that stimulus payments will begin to be deposited Friday for millions of customers affected by an IRS error that sent the payments to the wrong accounts. But some people who filed their taxes through TurboTax and H&R Block said they saw the “not available” message as they tried to sort through confusion about when they would receive their money.ĭespite the frustrating glitch, the Treasury Department has reportedly doled out more than $112 billion of the estimated $164 billion in stimulus check funds since the payments started going out last week.While the IRS is sending out the second round of stimulus payments, some are reporting problems with the money being deposited into a bank account they don't recognize. The IRS hasn’t said how many taxpayers are affected by the issue. President Donald Trump’s name is seen on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak AP If they are, the tool will display a message that says “Payment Status #2 – Not Available,” which means the stimulus check won’t be delivered upfront. Taxpayers can use the IRS’ “Get My Payment” tool to learn whether they’re in this category. “The IRS advises people that if they don’t receive their Economic Impact Payment, they should file their 2020 tax return electronically and claim the Recovery Rebate Credit on their tax return to get their payment and any refund as quickly as possible,” the IRS said in a statement on Tuesday. ![]() The tax agency says it cannot re-issue the payments and mail paper checks to those unlucky individuals, so they’ll have to claim the so-called Economic Impact Payment as a credit when they file their 2020 tax return later this year. That’s because the money was sent to a bank account that may be closed or inactive, according to the IRS. The Internal Revenue Service says it moved so quickly to distribute the $600 payments that some of them bounced back. Some Americans will have to jump through extra hoops to collect their second stimulus checks. ![]() Hunter Biden kicked out of $10K sex club for ‘grabbing women’s asses,’ acting like a ‘spoiled child’: founderįBI ‘verified’ authenticity of Hunter Biden’s abandoned laptop in November 2019: IRS whistleblower Hunter Biden deducted payments to prostitute, sex club from his taxes: whistleblower Garland denies the DOJ is corrupt: ‘Nothing could be further from the truth’ ![]()
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