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My taxpreparer entered an incorrect account number on my filing for 08?.. The refund was set up as a Refund Anticipation loan.. I filled out a form 3911 within days after the error was made and the IRS did a formal investigation. Yet the Bank that received the funds from the IRS sent a letter after the investigation stating the funds were deposited correctly. To add insult to injury the person who received my federal and state refund spent the money. Isn’t the bank responsible for verifying the acct information upon a federal investigation? If they did, they would have clearly seen that my social security # XXXXX personal information did not match the account the money was sent to. I don’t know what to do.. I have spent the last 5 months trying to get this resolved. I can’t afford a lawyer.. Is there any way of getting legal aid or assistance in persuing the bank?
Optional Information: State/Country of Question: New York Already Tried: I just got done with 5 months wasted time with dealing with the IRS and then the bank that processed the anticipation refund loan. That bank even admitted that I was given the run around but would not elaborate.. I can only assume there incompetence.
You have a cause of action against the bank, and the person who misappropriated your funds (surely they didn't think it was a magical deposit into their bank account). However, going after the bank will most likely be the best course of action because they have more funding available to correct the problem, and then they can go after the person who spent the illgotten money. However, you will need a lawyer. Suits against banks are not easy and a lot of law firms decline to take them on. You can file a complaint with the Federal Reserve here and you might possibly receive some assistance from them.I apologize for the headache they have caused you, it would be extremely frustrating to deal with that!
Experience: Experience in Family law, Wills and Estate Planning