Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
IRS updates its EIP FAQs
The IRS has posted an updated FAQ page on Economic Impact Payments ("EIPs" or "stimulus payments"). The updated page includes information on obtaining the Recovery Rebate Credit using the taxpayer's 2020 Form 1040 or 1040-SR and details on use of the IRS Get My Payment tool to determine EIP status. Because there is no mechanism for updating bank account information that the IRS received with a taxpayer's 2019 tax return, some EIPs sent as ACH direct deposits will not post, and banks have been directed to return them.
The FAQs are grouped under these headings:
- Accessing Get My Payment
- Payment Status
- Missing Payments
- Payment Status Not Available
- Error Messages/Lockouts
- Bank Account Information
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