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Susan Tompor: Missing stimulus money could arrive by Feb. 1 for some taxpayers

Susan Tompor, Detroit Free Press on

Published in Home and Consumer News

Some Jackson Hewitt customers who have yet to receive their second stimulus payments could see that money after all by Feb. 1.

The tax preparation firm confirmed Monday that the Internal Revenue Service will start processing some payments once their systems come back online.

The Economic Impact Payments in question had been sent by the IRS to closed or incorrect bank accounts during the latest stimulus rollout that began Dec. 30.

The IRS has been under increasing pressure to get more money quickly into the hands of financially vulnerable consumers.

A bipartisan group in Congress sent a letter Monday to IRS Commissioner Charles P. Rettig to "express concern about the IRS’s decision to require people who have not received their EIP to wait until they file their 2020 taxes."

Congress members have heard plenty from angry constituents about stimulus delays.

 

"At a time when millions of Americans are financially vulnerable and need immediate help due to the economic downturn caused by the coronavirus pandemic, it is vital that the IRS does everything in its power to get these payments out to the people who need them most without delay," according to the letter, which was signed by U.S. Rep. Fred Upton, R-St. Joseph, and others.

Congress passed the latest COVID-19 relief package on Dec. 21, which included $600 direct payments and more to nearly all Americans based on income limits.

More money on the way

Customers of a variety of companies, including Jackson Hewitt, H&R Block and TurboTax, had voiced warnings about trouble last week.

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