Sec. 1407. Misdirected tax refund deposits
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Section 6402 is amended by adding at the end the following new subsection: Not later than the date which is 6 months after the date of the enactment of the Taxpayer First Act , the Secretary shall prescribe regulations to establish procedures to allow for— taxpayers to report instances in which a refund made by the Secretary by electronic funds transfer was not transferred to the account of the taxpayer; coordination with financial institutions for the purpose of— identifying the accounts to which transfers described in paragraph
(1)were made; and recovery of the amounts so transferred; and the refund to be delivered to the correct account of the taxpayer. .