![]() Green Dot Cards are issued by Green Dot Bank, Member FDIC, pursuant to a license from Visa U.S.A., Inc. See /deposit/deposits/prepaid.html for details. Once there, your funds are insured up to $250,000 by the FDIC in the event Green Dot Bank fails, if specific deposit insurance requirements are met and your Card is activated. Your funds will be held at or transferred to Green Dot Bank, an FDIC-insured institution. ("Scripps").įollow John on Instagram John on Twitter more consumer news and money saving advice, go to your Card for FDIC insurance eligibility and other protections. When you get it, remember: Don't waste your money.ĭon't Waste Your Money" is a registered trademark of Scripps Media, Inc. Hopefully, you will see your check in coming days. Shortly after our interview, Niecie Boyd reported that her $600 has now shown up in her account. Claim the $600 on your tax form this April. ![]() Keep checking for status updates on your check.So what can you do if your stimulus is missing, or went to the wrong account? ![]() In a worst-case scenario, customers who qualify for the $600 but do not receive their payment promptly can still get it this tax season by claiming a special rebate credit when they file their 2020 taxes. It is unlikely that he can call the IRS to correct this, as taxpayers report phone messages saying IRS lines are overwhelmed. "We had to get some help to have our furnace replaced, and we are relying on that to get back to whole." Some customers of other online tax preparers are also reporting delays in getting their money as well.īut the promise that the checks will come soon doesn't soothe taxpayers like Kyle Gulleman, who needs that $600. We have also re-confirmed with the IRS that they have all of the correct banking information." "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," TurboTax wrote Wednesday in a message to customers. We are sending the money by direct deposit, check, or Emerald Card." H&R Block has issued a statement saying: "Don't worry. The tax preparation firms say they are aware of what happened and are now moving money into customer accounts or getting it to them in some other way. The good news is that if you are in this situation, you should not have to wait three or four weeks for the mailman to bring you a check. ![]() Why? As far as the IRS is concerned, those are the accounts that received last year's income tax refund. It turns out many people like her complaining on social media this week filed their taxes through H&R Block or TurboTax.īoth tax preparers now say the IRS sent some stimulus checks to company bank accounts instead of to their customers' personal accounts. 4, but the last four digits I did not recognize. "The first payment was sent back in April to the correct last 4 digits of my account," Boyd told us. Niecie Boyd had last year's stimulus correctly deposited into her account, but not this time. "If I Google the routing number, it's a bank in North Dakota," she said. Instead, her money was sent a thousand miles away. 4, but the last four digits are not my bank account," Bradshaw said. In the case of a check that's already been deposited, the tool displays the last four digits of the recipient's account number. Money deposited into mystery bank accountĪlysha Bradshaw checked her payment's status on Get My Payment, an IRS tool mean to help Americans figure out when and where to expect their stimulus money. If you are among the 22% of people expecting to receive a check by mail, a delay of a few weeks is normal.īut many people expecting a direct deposit have discovered their money was deposited in the wrong account. Thousands of frustrated taxpayers are discovering their $600 stimulus check, which arrived in most Americans' accounts without incident, ended up in a bank account that isn't theirs. ![]()
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