Smart Senior Daily | October 14, 2026
No, the IRS Isn’t Depositing $4,427 Into Your Bank Account
David Kassir, Managing Director of Private Wealth Management at Manna Wealth Management, was quoted by Smart Senior Daily on the viral claim that the IRS is depositing $4,427 into the bank accounts of people who file Form 1040. He explained that the figure is the top Earned Income Tax Credit amount for tax year 2026 with one qualifying child, that a refund is the result of the specific lines and credits on a return rather than a flat payout, and that seniors should verify claims at IRS.gov and watch for scam versions offering to help them claim the money.
Read the full article at Smart Senior Daily.
