If you’re anticipating a stimulus payment that hasn’t yet landed, continue to monitor your bank accounts — and your snail mail.
The Internal Revenue Service misdirected stimulus payments for an estimated 13 million accounts, but the agency on Friday said it is trying to redirect to the money to the proper place. If you’re anticipating a stimulus payment that hasn’t yet landed, continue to monitor your bank accounts — and your snail mail. The I.R.S. was taking “immediate steps” to get stimulus payments to the correct accounts, the agency said in a statement on Friday. “Many additional taxpayers will receive payments following this effort,” the I.R.S. added. Here’s what happened: Millions of payments were sent to temporary accounts, which are often set up by companies like TurboTax, H&R Block and Jackson Hewitt when they prepare returns.
