Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?

Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?

Postby chaim » Thu Feb 17, 2011 9:17 pm

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?
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Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?

Postby brewster » Thu Feb 17, 2011 9:18 pm

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?
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.
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Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?

Postby brendan64 » Thu Feb 17, 2011 9:21 pm

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.
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Tax Refund Delivered to the Wrong Bank Account. How long does it take for the IRS to get the rejected deposit?

Postby aponivi26 » Thu Feb 17, 2011 9:23 pm

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.
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