IRS Refund Check for Dissolved S Corp

[casa10pc]

Received a check from the IRS for 6 months after filing final return and dissolving S Corp.  The check is made out to the corporation name, and the bank account has been closed and the bank says there is nothing they can do.  I eventually disposed of the check since I had no way to cash it.  Now, the IRS realized that I did not cash it and is sending another one to me.  Have spent 5 hours trying to contact IRS via phone, mostly on hold that eventually hangs up on me.  Is there any way to at all to cash the check, short of re-incorporating and re-opening a bank account, as suggested by the bank manager?

[Anonymous_]

Keep trying to contact the IRS to get the check re-issued to you as payee. That should not be a huge problem if you are the sole shareholder.

Alternatively, you can try to convince the bank manager (or any other bank manager) to deposit the third-party check in accordance with the articles and laws of dissolution in your state (it's worth a shot) if you're entitled to the proceeds (and no one else is so entitled). 

[DoninGA]

Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday
When calling the IRS do NOT choose the first option re: "Refund", or it will send you to an automated phone line.
So after first choosing your language, then do NOT choose Option 1 (refund info). Choose option 2 for "personal income tax" instead.
Then press 1 for "form, tax history, or payment".
Then press 3 "for all other questions."
Then press 2 "for all other questions."
- When it asks you to enter your SSN or EIN to access your account information, don't enter anything.
- After it asks twice, you will get another menu.

Press 2 for personal or individual tax questions.
Then press 3 for all other inquiries
It should then transfer you to an agent.

[casa10pc]

Thank you for the reply!

[casa10pc]

Amazing detail and helpfulness.  Thank you so much!  I will try today.

[Critter-3]

Interesting ... an S-Corp is a passthru entity which doesn't pay taxes at the corporate level  so how did you ever have a refund on a form 1120-S?

[casa10pc]

Critter-3, I have no idea what the check was for.  The original paperwork that came with the check may have said, but I read it at the time and it made no sense to me either.  The amount is $434.23.  The company never really made any money and broke even each year, which is why I closed it down. 

[casa10pc]

DoninGA, Tried your instructions on Friday.  They dished me over to the business line, but also gave me a direct 800 number in case I got disconnected, which I did.  On hold for almost an hour, then got the "click" of death and the line went dead.  Will try again today.  Thank you again for the assistance.  Without sites like this and good folks like you most of us out here would have no hope to get things resolved.  Much appreciated.

[Robin105]

You can write to the Depart of the Treasury , IRS, Cincinnati, OH 45999 and ask to have the checks reissued to your personal name.  I listed other partners (mine was a LLC) and submitted their names and perentages. I had my partners sign and list their SS#'s and had the letter notorized when partner signed. I don't know if the notorizing was necessary.  I received a letter from IRS that the checks would be reissued and I can expect them in the next 2 months.