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IRS cancels stimulus payments to ineligible recipients


The IRS cancelled outstanding Economic Impact Payment checks issued to recipients who may not be eligible for the stimulus payments, including those who might be deceased.

July 08, 2020 / By ICBA

The IRS cancelled outstanding Economic Impact Payment checks issued to recipients who may not be eligible for the stimulus payments, including those who might be deceased.

The Treasury Department's Bureau of the Fiscal Service encourages financial institutions to determine the status of EIP checks by using either the Treasury Check Verification Application for single queries or the Treasury Check Verification Service for bulk queries.

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