If you need to change your direct deposit option the IRS says today is the last day to do it.
You can contact the IRS before the week of April 13th. That means you have rest of today to get it done.
Q. Is there something I can do to prevent my Stimulus Payment from being automatically deposited into the account that I identified for the Direct Deposit of my regular refund?
A. Generally, if you designated Direct Deposit on a tax return, then the Stimulus Payment will go to the account number you designated. If the account number is no longer active, the IRS will send you a paper check. Under some circumstances you can prevent the payment from being automatically deposited.
If your regular refund has been deposited into your account via Direct Deposit and you contact the IRS before the week of April 13, the account information can be blocked to avoid the use of Direct Deposit for your Stimulus Payment. This will result in the issuance of a paper check that will be mailed to you.
However, if you contact the IRS on or after the week of April 13, the IRS will not have enough time to stop the Direct Deposit. In this situation, if you do not want your Stimulus Payment to go to the account listed on your tax return, you should contact your financial institution to discuss possible options. Finally, if the account number is no longer active, the IRS will send you a paper check. [Updated 4/4/08]
Source: http://www.irs.gov/newsroom/article/0,,id=179181,00.html
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Comments
11 Comments so far
I would like for my economic stimulus payment to be direct deposit in my bank account.
is it to late to have my economic stimulus check to be direct deposited into my bank account
if my tax form has direct deposit information do i have direct deposit?
Carlton,
If you included your bank account info on the direct deposit line of your tax return you should get your stimulus payment via direct deposit.
I want to know how to change my economic stimulus payment from direct deposit to paper check because I know long have this account.
sorry "no longer" have this account
i have direct deposite on my form,i got an 1-3 day return and had it deposited to my card,they said i would recieve a check why is that,account is still active and nothing has changed,what should i do besides wait?
I filed my stimuus form and I forgot to have it direct deposit to my acct#. How can I get this changed. I do not want paper if possible.
I want to know why i have not received my payment, i have direct deposit, and my taxes both came direct deposit is something wrong?
Be very thoughtful next year of what type of tax service you use. I would think as big of a load the IRS has handled in such a short time, Turbo Tax/SBBT could have done a better job of negotiating with the IRS on this matter. We'll see what the outcome will be.
did we get screw by going to h&r block or turbo because with h& r block i got direct deposit but now my rebate will be sent to me in july