IRS to Redirect Some $600 Stimulus Payments That Went to Closed Bank Accounts

IRS to Redirect Some $600 Stimulus Payments That Went to Closed Bank Accounts
Maurie Backman, The Motley Fool
·3 min read

In late December, lawmakers finally came to terms on a $900 billion stimulus package. It included boosted unemployment benefits, rental assistance, and a much-anticipated second round of direct payments worth $600 apiece. The IRS initially said the same applied to stimulus payments that had not gone to the correct bank accounts.