The IRS can obtain your bank information from several sources. According to the retrieved information, the IRS may acquire bank account details from:
- Your Tax Returns: The bank account information in the IRS's "Get My Payment" tool can come from your 2020 or 2019 tax returns if your 2020 return was not processed when the IRS started issuing payments.
- Non-Filer Registration: Information entered on your Non-Filer registration in 2020 can also be a source.
- Get My Payment Tool: Information you entered directly into the "Get My Payment" tool.
- Federal Agencies: The IRS can receive bank account information from federal agencies that provide you benefits, such as the Social Security Administration, Veteran Affairs, or the Railroad Retirement Board.
- Federal Records: For those without direct deposit information on file with the IRS, federal records of recent payments to or from the government can be used.
These sources collectively ensure that the IRS has the necessary bank information to process payments and refunds accurately.
Sources:
IRS Trawling Through Small Business Bank Accounts?
Publication 1 (9/2017)
T.D. 9584
Publication 15 (2024)
Publication 1582
Publication 1518 (11/2012)
