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Stimulus Checks: How Yours Can Be Delayed If You Used a Tax Preparation Company

   Friday April 17, 2020 - 3:07 AM
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While most Americans saw their 1,200 stimulus checks deposited into their bank accounts this week, some have reported their checks being deposited into the account of the tax preparer they used and not their own. Others have reported seeing the wrong account number on the IRS tracking site. The stimulus checks were sent out to millions of taxpayers this week as part of the 2 trillion CARES Act passed into law last month to help Americans during the coronavirus pandemic.The IRS has not responded to a call for comment.

The agencys website says that receiving "Payment Status Not Available" means the agency cannot determine your eligibility for a payment right now. "This may occur for a variety of reasons, for example, if you didnt file either a 2018 or 2019 tax return or you recently filed and the return has not been fully processed," the site says.

Then you will need to provide your bank account information, once you have verified your identity, to receive the check fastest, or wait for it to be mailed to you. You can use Get My Payment to update your direct deposit information if you did not use direct deposit on your last tax return to receive a refund, the IRS says. If your payment is pending or has been processed, you can no longer change your bank account information.
Payment status updates on the site are made no more than once each day.

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