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December 25, 2020

if you are asking in advance of the upcoming stimulus (assuming Trump signs it), the answer is to protect against fraud, you can't.

 

Here is the FAQ from the IRS: 

 

 

If Get My Payment indicates your payment is pending or has been processed, you cannot change your bank account information.

Your bank account information for your Economic Impact Payment is usually captured from:

  • the most recently filed tax return if you received a refund by direct deposit in 2018 or 2019, or
  • the bank information you provided on our Get My Payment application, or
  • the bank information you provided on the Non-Filers: Enter Payment Info Here tool.
  • If you elected to split your refund between several accounts, you cannot use Get My Payment to indicate which account to use for your Payment. We will deposit the Payment to the first bank account that you listed on Form 8888, Allocation of Refund. If your direct deposit is rejected, your payment will be mailed to the address we have on file for you. 

 

No. To help protect against potential fraud, the tool does not allow people to change direct deposit information already on file with the IRS.

If we issue a direct deposit and the bank information is invalid or the bank account has been closed, the bank will reject the deposit. We will then mail your Payment as soon as possible to the address we have on file for you, and we will update Get My Payment to reflect the date your payment will be mailed. Typically, once the payment is mailed, it will take up to 14 days to receive the payment, standard mailing time.