Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?
-
I was suppose to get my tax refund direct deposited into my account on Friday February 11,2011. That did not happen so I had to wait until the 16th before I could call the IRS. I have been using the same taxpreparer for about 8yrs now and has never had any problems until now. I found out that she entered my bank routing number in wrong. I am not mad because it is my fault just as it is hers although I was not there to verify everything. I found out the bank that the check was sent to and thank God it was sent to a closed account. The bank stated they returned the check back to the IRS on Monday February 14,2011. My question is how long does it take for the IRS to receive the check? I am aware that it will take 3 to 4 weeks for me to receive it but I was also told that it could be sooner since the bank has returned it already. How do I know if the IRS has received it back?
-
Answer:
same thing happened to me. You can call the irs and they can give you an estimate on when the paper check will be mailed. Mine was returned to the Irs on Feb 4 and they said they would be sending out a paper check on the 18. So you may be lucky for them to send it out by March 4. They told me that it can take up to 2 weeks to receive after it is sent out but they expect for it to arrive sooner. I am not holding my breath. 1-800-829-0582, when asked for an extension, enter 362. As long as they have it returned in their system they can give you some idea.
TheRealT... at Yahoo! Answers Visit the source
Other answers
you can't know. IRS doesn't have the staff to track that. count on at least a week for the funds to be returned to the government account. Then they have to figure out whose tax account it came from and have a paper check issued and mailed. it'll likely take the full month you were told.
Spock (rhp)
It's up to the bank as to how quickly they bounce the ACH transaction. Most item rejects are reviewed by a human working in a back-office boiler room before they are bounced back or accepted and routed to an account. It's mind-numbing work -- been there, done that. That said, most rejects go back in a day or two. Total time to reject and for the IRS to issue a paper check and get it into your mailbox is generally 3 to 5 weeks. The IRS unfortunately cannot tell you anything until it's actually be re-flowed for payment by check. Tax refund payments are actually processed by Financial Management Services (FMS) another agency of the Treasury Department. The rejected payment goes back to them and they don't update the IRS until it's been scheduled for payment by check. That typically happens 2 or 3 days before the check is actually cut and mailed.
Bash Limpbutt's Oozing Cyst©
Related Q & A:
- How long does it take to open a Natwest Current account?Best solution by Yahoo! Answers
- How long does it take for a package to be delivered?Best solution by Yahoo! Answers
- How long does it take for money to be transferred from one paypal account to another?Best solution by smallbusiness.chron.com
- How long does it take for a sore neck get better?Best solution by wikihow.com
- How long does it take for Direct Deposit to kick in?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.