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New Member
posted Mar 17, 2021 8:00:52 AM

Why does the irs website have my old bank information that is a closed account that I updated for the second stimulas. I checked it this time around and it has the same information that it had before

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1 Replies
Expert Alumni
Mar 17, 2021 8:12:53 AM

If you provided updated banking information via the TurboTax Stimulus Portal for the second stimulus, that information was given to the IRS so they could deposit a third stimulus payment in that account.

  • We don't know why the IRS is not using that information.

Note: None of the three stimulus checks (or Recovery Rebate Credits) are considered income, and therefore aren’t taxable. They won’t reduce your refund or increase what you owe when you file your taxes this year, or next. They also won’t affect your eligibility for any federal government assistance or benefits.