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New Member
posted Jan 7, 2025 5:57:17 PM

irs refund check

I received a check from the irs but my bank didn't want to clear is because the numbers. They suggested to send it to the department of treasury to have them clear it directly and deposit it in the bank. 

My question is, how does that work?

can someone help with this, please?

 

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6 Replies
Level 15
Jan 7, 2025 7:28:21 PM

We do not understand what you mean by "because the numbers..."   Please explain.  And...is this a bank with which you already have had an account---a checking or savings account?   

New Member
Jan 7, 2025 7:38:22 PM

Can the department of treasury clear an irs tax refund check if there is an issue from the financial institution 

Level 15
Jan 7, 2025 7:45:21 PM

I have never heard of a bank refusing to allow a bank customer to deposit a U.S. Treasury check.   You have not answered the question asked---what is it about the "numbers" that is a problem?   And who at the bank refused the deposit?  Did you talk to the bank manager?   Seems like there is some information missing from this story.

New Member
Jan 7, 2025 9:14:06 PM

The representative at the bank mentioned that the amount was larger than a certain limit, then they had it deposited but to be held for about 7-working days. Then they reached back out to say they will send the check to the department of treasury to have it approved or cleared. Do you understand now?

Level 15
Jan 7, 2025 9:25:32 PM

So you are ok?   The bank deposited it?  You just have to wait for the IRS or Treasury Dept to approve it.   That is common.  After you deposit a big check it usually takes the bank a couple days to to make the money available to you.  It will show up in your bank account but you can't take it out until it clears.  

Level 15
Jan 8, 2025 6:12:07 AM

Yes----I think you were just confused by what the bank told you about waiting for the check to clear.  You do not have to do anything else except wait for the check to be completely cleared by the bank.   You do not have to send it back to the IRS or ask the IRS to send it again.  Give it about a week and it should be fine.