What Happens to Your Stimulus Check if the IRS Has an Old Bank Account on File for You

The COVID-19 pandemic has caused massive economic fallout. To help struggling Americans, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) provided for most people to receive a stimulus payment of up to $1,200 per adult and $500 for each qualifying dependent child.

For most people, the money you're due will be direct-deposited into the bank account the IRS has on file from your most recent tax return, which could be either your 2018 or 2019 return, depending on whether you've filed your taxes already for 2019 (the deadline was moved back to July 15).

But what if the most recent return you submitted has outdated bank information for you?