Here is a part of an article I was reading that I would like to share with you all:
The official said the Treasury Department is actively looking into payments that have yet to be received by those qualifying Americans. This person noted that many who have yet to receive the direct deposit had used H&R Block and Turbo Tax to file their taxes in the past and used the refund anticipation loan programs with the companies. That's a service where taxpayers can pay the company a small fee in order to receive your tax refund immediately, versus getting it a week or two after filing.
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A Treasury official said the issue is that those fast tracked refunds are put on debit cards, which means the IRS doesn’t have the filers direct deposit information.
The official told Fox News that the Treasury is aware of the problem and is actively looking into ways to iron out the issue, while maintaining that the program, in general has been expansive and successful.
The Treasury Department’s acknowledgment of the glitches come after The Washington Post first reported that the coronavirus relief checks have yet to hit several million people’s bank accounts, despite the agency’s promise last week that the majority of individuals would receive their payments by the end of the day on April 15.
The Post reported that millions of these individuals used popular tax filing services in the past, and thus, the IRS did not have their direct deposit information on file.
Several million people who filed their taxes via H&R Block, TurboTax and other popular services were unable to get their payments because the IRS did not have their direct deposit information on file, according to the Treasury, companies and experts.
