stimulus check with 2 names on it -- how to deposit it

Forum|Forum|5 years ago
June 3, 2020
1 reply
0 views

Does anyone know what to do with a stimulus paper check with 2 names on it (with '&' between names)? Our bank says we cannot deposit it on our individual accounts. So, they say either open a joint account or ask IRS to re-send it with individual names. Does anyone has experienced this situation? what is the best practical solution here?

Not A Product Question

xmasbaby0

Employee

"what is the best practical solution here"

Given a choice between asking the IRS to change your jointly issued stimulus check to two separate checks in the middle of a pandemic when they are backlogged and understaffed, to the point of not even opening the mail for months, or opening a joint banking account to deposit the check--and then doing whatever the two of you please with the money once it is deposited--which choice seems more practical?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**