Per the NYC Department of Finance, the 1127 tax refund checks that went out to DEA members were in error. The check went out to those who e-filed their taxes and have already received their tax refunds. If you have already received your refund, the City will look to recoup the extra payment. Therefore, you are urged not to cash the check and to destroy it. If you cashed it, be prepared to repay the amount you received in full. Questions can be directed to the Department of Finance at (212) 291-2865.
As of November 21, 2016, and as per the Office of Labor Relations, it is the City’s intent to reverse or reimburse any fees incurred as a result of this issue. The Department of Finance is working with the largest banks in an attempt to have any fees reversed by the bank(s) directly: therefore, this would not require any employee involvement. Ideally, this will be worked out between the City and at least the top five-to-six banks, which should cover the vast majority of affected employees. For those who may bank at smaller institutions, the City will work to reimburse an employee, assuming he or she can produce a bank statement demonstrating that a fee incurred as a result of the re-issuance of the 1127 check. This will require the employee to contact the Department of Finance through the (212) 291-2865 phone number.
