IOWA, USA — If you’re changing banks before receiving your third stimulus payment, the Internal Revenue Service said you’ll still get your money. If the IRS sends your direct deposit to a closed bank account, the payment will be reissued by mail to the address on file with the IRS.

Can I update my bank account for the stimulus?

Your bank account information cannot be changed. The bank account information in Get My Payment came from one of the following sources: Your 2020 tax return. Your 2019 tax return if your 2020 return was not processed when the IRS started issuing payments.

What happens if stimulus check goes to wrong bank?

If the stimulus check goes to a closed bank account, the bank will reject the direct deposit request and the IRS will send you a paper check to the mailing address it has on file for you. But rest assured that you won’t miss out on your stimulus payment just because it went to the wrong banking account.

Do you need to update your bank account to mail a stimulus check?

If that’s the case, the tool will give you a chance to enter your bank account or prepaid debit card information so the IRS can reissue your payment. If you don’t have a bank account, you will need to update your address so the IRS can mail a payment. How to update your address

What does it mean when a stimulus check is sent to an inactive account?

Need More Information: This message means a payment was sent but it was returned to the IRS, perhaps because it was sent to an inactive bank account or to an address where you no longer live. If that’s the case, the tool will give you a chance to enter your bank account or prepaid debit card information so the IRS can reissue your payment.

Where do I go to get my stimulus payment?

The IRS has created an online “Get My Payment” tool where direct deposit bank information can be provided. The tool will inform you the expected date of direct deposit in your bank account. You can also use the “Get My Payment” tool to track the status of your stimulus payment.