Tax refund check, Part Deux
Readers: you may remember in September I shared my story about cashing my $29 tax refund check (which I later learned was actually a registered warrant) only to get hit with a bounced check and its associated fees.
Well, it’s now past Oct. 1, when the warrants are allowed to be cashed.
I haven’t yet attempted to cash mine, but I got this comment today from a reader:
“This gets even better…I waited until the prescribed date to deposit my tax refund check AND IT STILL BOUNCED. I was charged a returned item fee, which my bank immediately reversed under a line item called “10/09 CA WARR RET FEE REV,” which I assume is short for California Warrant Return Fee Reversal. If my bank has gone to the trouble of creating a line item with this title, I’m guessing people’s tax refunds are bouncing left and right. Now what?”
Anyone else had similar issues?