topic What if the bank account on my stimulus payment status is the last 4 digits of my social security number? in Retirement tax questions

What if the bank account on my stimulus payment status is the last 4 digits of my social security number?

rachn12 — Mon, 04 Jan 2021 23:59:33 GMT

Re: What if the bank account on my stimulus payment status is the last 4 digits of my social security number?

xmasbaby0 — Tue, 05 Jan 2021 02:07:11 GMT

https://www.sbtpg.com/coronavirus-stimulus-payment-info/Economic Impact Payment Information

Last updated: Dec. 30 2020 8:12 am

12/30/2020 Update

The IRS has announced that the second round Economic Impact Payments(EIP) are being delivered directly to qualified taxpayers, and the IRS has indicated payments will not be delivered to Refund Transfer banks including Santa Barbara TPG. TPG will not play a role in facilitating these payments. The eligibility amount and status of your stimulus payment can be found at IRS.gov/coronavirus.

If the IRS indicates funds were sent to TPG those funds will be rejected back to the IRS. The IRS may indicate funds were deposited to an account ending in the last four digits of your Social Security number. For your protection any account that was established at TPG to facilitate processing of your tax refund was closed when you received your original tax refund, and that account no longer exists.

Re: What if the bank account on my stimulus payment status is the last 4 digits of my social security number?

xmasbaby0 — Tue, 05 Jan 2021 02:09:56 GMT

If your stimulus check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.

Re: What if the bank account on my stimulus payment status is the last 4 digits of my social security number?

jayhustle — Wed, 06 Jan 2021 15:27:23 GMT

i need to know the answer to this as well. Call my bank and they had no info for me.

Re: What if the bank account on my stimulus payment status is the last 4 digits of my social security number?

Opus 17 — Wed, 06 Jan 2021 19:19:00 GMT

@jayhustle wrote:

i need to know the answer to this as well. Call my bank and they had no info for me.

If the IRS site says your stimulus was deposited into a bank account with the last 4 digits of your SSN, this probably means that the IRS sent your refund to the wrong bank. That bank will bounce the funds back to the IRS, but because of the short timetable before tax season opens, the IRS won't issue a replacement check. Instead, you will claim the payment as a rebate on your tax return and it will be added to your refund.