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1.4 million filers face tax refund delays amid IRS paper check phaseout
By Bullbit Editorial ยท March 27, 2026
- What1.4 million filers face tax refund delays due to the IRS phasing out paper checks.
- WhyThe IRS is transitioning to direct deposit and prepaid debit cards for tax refunds.
- SignalCP53E notices are being sent to affected filers, indicating a potential delay in their refund.
- TargetThe IRS aims to complete the paper check phaseout by the end of **2026**.
- RiskDelays may impact filers who rely on paper checks for their tax refunds, potentially causing financial hardship.
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