05/05/2026
đ¨ IRS Refund Update â Read This if Youâre Waiting on Your Money đ¨
I want to clarify something important, because this is starting to affect several taxpayersâŚ
The IRS is sending out CP 53E letters when they claim there is no banking information on the return.
đ Hereâs the issue:Some taxpayers are receiving these notices even though their direct deposit info WAS entered correctly (Iâve seen this firsthand on returns Iâve prepared for years).
So what should you do?
âď¸ Donât ignore the letterâď¸ Double-check your banking infoâď¸ Respond to the notice OR update your info through your IRS online account
âł If no action is taken:
The IRS waits 30 days
Then issues a paper check
Expect about 6 additional weeks to receive it
đĄ Bottom line:Even if everything was done right, the IRS may still kick it back to youâso stay on top of your mail.
This appears to be tied to the governmentâs shift away from paper checks⌠but clearly, itâs not going perfectly.
If you received this letter and have questions, feel free to reach out.
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