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gtfc115
New Member

How can I prevent the coming stimulus check from going into the account that is associated with my tax refund? It was an IRA account that is currently maxed out.

 
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2 Replies

How can I prevent the coming stimulus check from going into the account that is associated with my tax refund? It was an IRA account that is currently maxed out.

If it happens  you'll have to request the custodian to remove the excess plus earnings.

dmertz
Level 15

How can I prevent the coming stimulus check from going into the account that is associated with my tax refund? It was an IRA account that is currently maxed out.

No guidance has yet been issued.

 

If a deposit does end up being made to the IRA, you always have the option to obtain a return of contribution before the due date of your tax return.

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