Why Stimulus Checks Could Be Delayed For Millions Of Taxpayers-Surprise!


Millions of taxpayers could be waiting an extra long time for their money!

Millions of taxpayers could be waiting an extra long time for their money!

A glitch in the IRS stimulus check program could result in millions of Americans waiting weeks longer for their money.

According to the IRS, it’s a problem for some people who used a tax preparation service or software, like H&R Block, Jackson Hewitt or TurboTax, to do their 2018 or 2019 return – and purchased an optional Refund Anticipation Loan from the tax preparer, rather than wait for the IRS to send them their money.

In some cases, the IRS says, “your Economic Impact Payment may have been directed to the bank account associated with the refund settlement product and not your bank account.”

More on the story courtesy of our news partner KATU at katu.com/news

106.7 The Eagle · Portland's Classic Hits Station

Listen Now on iHeartRadio