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Tax rebate not in my account |
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May 7 2008, 08:43 AM
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Thing Two
Group: Members
Posts: 1,704
Joined: 29-June 04
From: NOYFB
Member No.: 6,704
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The hotline says two dates. The first one is the paper check date and the second is the DD date based on which one you get. Also it was my understanding from the articles, to use the matrix on the IRS website for check dates.

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Googie
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May 7 2008, 08:43 AM
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The MoneyMaker
Group: Accounting
Posts: One in Every Topic
Joined: 1-February 03
From: Mountain Home, CA
Member No.: 1
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May 7 2008, 04:16 PM
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Group: Members
Posts: 548
Joined: 15-July 05
From: Corridor of shame
Member No.: 19,722
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This is soooo confusing. It appears if we get the Stimulas Rebate it will be in July but there is no reason why. We filed using Taxact.com and got direct depost fromt the IRS. The website and phone number said it had no information currently and based on our status to expect a check in two months.
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May 8 2008, 08:18 AM
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Thing Two
Group: Members
Posts: 1,704
Joined: 29-June 04
From: NOYFB
Member No.: 6,704
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May 8 2008, 08:23 AM
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Group: Members
Posts: 200
Joined: 27-August 04
From: NoVA
Member No.: 8,070
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QUOTE(sgtalaska @ May 8 2008, 09:18 AM)  +1 Mine's pending in my account right now.

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May 8 2008, 10:33 AM
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Group: Members
Posts: 674
Joined: 12-January 06
Member No.: 25,969
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pfft....still nothing for me....last 2 are 64

I'm just a Raggedy Ann in a Barbie world.
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May 8 2008, 10:33 AM
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Group: Forum Leads
Posts: 2,633
Joined: 4-February 03
From: In your head
Member No.: 84
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QUOTE(Ladybug @ May 8 2008, 08:23 AM)  QUOTE(sgtalaska @ May 8 2008, 09:18 AM)  +1 Mine's pending in my account right now. I wish Patelco showed pending deposits.

~ Lighthouse84
"It is better to be thought a fool than to speak and remove all doubt" - Honest Abe
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May 8 2008, 12:06 PM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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WTH does this mean?????
Where's My Stimulus Payment?
Stimulus Payments are being issued on a schedule according to the last 2 digits of the primary social security number (SSN) shown on your 2007 tax return.
If filing or preparation fees were deducted from your 2007 Refund or you received a rapid refund, you will be receiving a check instead of a direct deposit. Please see the Paper Check section of the Payment Schedule.
You should check the Payment Schedule prior to using this application since your payment information will not be available on this tool until the time that your payment is scheduled.
Anyone here use Turbo Tax.......the dd refund is processed through Santa Barbara Trust Bank.....so are we to assume that we will NOT get direct deposit and have to wait until sometime in the distant future to receive our checks since SBTB charges a fee????? I am sooooooo confused !!!!
PS Just crawled out from under a rock to post........LOL

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May 8 2008, 01:09 PM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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NEVER MIND....................found this on the Turbo Tax site.......for others that may have used TT......this may provide some insight..
IMPORTANT -- Using "Refund Transfer" with Santa Barbara Bank & Trust could affect when you get your rebate
Even if you have received or will receive your tax refund by direct deposit to your bank account using Santa Barbara Bank & Trust, the IRS will not do the same for your tax rebate. It will mail your rebate instead.
This applies only if you used the "refund transfer" service when filing. The service lets you pay for your tax preparation and/or e-filing from your refund proceeds, for an additional fee, rather than use a credit card. Why does a refund transfer affect the date I receive my rebate?
When TurboTax customers chose this payment method, they authorized the bank to set up temporary accounts to be used only to receive their 2007 refunds from the IRS. The IRS sends the refunds to the temporary accounts and the bank transmits them directly to customers.
Because the IRS does not, in fact, receive taxpayers bank-account numbers under this method, it has stated that it cannot match taxpayers with their current bank accounts.
That's why the IRS decided that taxpayers who entered into financial transactions with third parties, such as SBB&T, would get rebates by mail. This also applies to taxpayers who use "refund anticipation loans" or RALs (loans made to tax filers against their expected refunds). TurboTax does not offer RALs.


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May 8 2008, 01:12 PM
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Group: Members
Posts: 674
Joined: 12-January 06
Member No.: 25,969
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Well, if anyone remembers above, I had to pay...so no refund/direct deposit. But I paid via direct debit from my checking acct. Just found the following on IRS site: QUOTE Q. I chose direct debit to pay my tax bill. Will my stimulus payment be direct deposited to the same account?
A. No, the account information used for an incoming direct debit payment to the IRS cannot be used as the account information for the direct deposit of the stimulus payment. People who choose direct debit to pay a balance due will receive their stimulus payments by paper check through the mail. [Updated 3/3/08]
Q. I plan to choose direct debit to pay my tax bill. I know my economic stimulus payment will not automatically be direct deposited based upon the direct debit information I've provided to pay my tax bill, but can I also enter direct deposit information to receive my stimulus payment by direct deposit?
A. Some tax preparation software will allow this, some will not. You will have to make this determination based on your own review of the tax preparation software you use. If the tax software allows you to enter both direct debit (electronic funds withdrawal), as well as direct deposit information, doing so will allow your economic stimulus payment to be direct deposited. [New 3/20/08] I don't remember what Web Turbo Tax allowed or what I filled in besides the direct debit for my payment. At this point, I'm guessing I'm getting a paper check.

I'm just a Raggedy Ann in a Barbie world.
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May 8 2008, 01:22 PM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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QUOTE(texasnightowl @ May 8 2008, 01:12 PM)  Well, if anyone remembers above, I had to pay...so no refund/direct deposit. But I paid via direct debit from my checking acct. Just found the following on IRS site: QUOTE Q. I chose direct debit to pay my tax bill. Will my stimulus payment be direct deposited to the same account?
A. No, the account information used for an incoming direct debit payment to the IRS cannot be used as the account information for the direct deposit of the stimulus payment. People who choose direct debit to pay a balance due will receive their stimulus payments by paper check through the mail. [Updated 3/3/08]
Q. I plan to choose direct debit to pay my tax bill. I know my economic stimulus payment will not automatically be direct deposited based upon the direct debit information I've provided to pay my tax bill, but can I also enter direct deposit information to receive my stimulus payment by direct deposit?
A. Some tax preparation software will allow this, some will not. You will have to make this determination based on your own review of the tax preparation software you use. If the tax software allows you to enter both direct debit (electronic funds withdrawal), as well as direct deposit information, doing so will allow your economic stimulus payment to be direct deposited. [New 3/20/08] I don't remember what Web Turbo Tax allowed or what I filled in besides the direct debit for my payment. At this point, I'm guessing I'm getting a paper check.  I dont really understand given Section A......above......what does this mean???? I thought TT allowed both the direct debit as well as direct deposit........????????


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May 8 2008, 01:27 PM
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Group: Members
Posts: 674
Joined: 12-January 06
Member No.: 25,969
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QUOTE(Snglmom @ May 8 2008, 02:22 PM)  I dont really understand given Section A......above......what does this mean???? I thought TT allowed both the direct debit as well as direct deposit........???????? TT does allow both. But apparently the IRS is not willing to make the assumption that *if you had to pay them* that the same account that you paid them from is the one that the stimulus should be deposited to. I went back and looked at my files from WebTurboTax. I think that if I had filled out the Refund section - just my bank account info (45b, c, d) - even though I'm not getting a refund - that I then would have gotten the stimulus via direct deposit. But since I didn't put any direct deposit info there (since, hello! I'm not due a refund) it looks like I'm screwed and getting a paper check instead of direct deposit. So based on my SSN, it'll be the end of June instead of here in early/mid May. Basically, folks who had to pay are getting screwed. Especially if you filed prior to a lot of this information getting out there.
This post has been edited by texasnightowl: May 8 2008, 01:28 PM

I'm just a Raggedy Ann in a Barbie world.
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May 8 2008, 01:31 PM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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I just went to the Turbo Tax "Live Community" portion where this question was asked and the answer is YES if you had your "fees" deducted from your return you will get a paper check........mine wont be here till July...........this totally sucks!! My bank account info is on my return so why can't they DD ??? I am just sick !!!!!!

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May 9 2008, 07:27 AM
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Group: Members
Posts: 21
Joined: 15-May 06
From: The Rust Belt
Member No.: 31,528
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Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily.
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May 9 2008, 08:15 AM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited.........

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May 9 2008, 08:22 AM
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Group: Members
Posts: 21
Joined: 15-May 06
From: The Rust Belt
Member No.: 31,528
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QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... Good find. Just a "minor detail" that they failed to mention.
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May 9 2008, 08:24 AM
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Group: Bloggers
Posts: 437
Joined: 16-November 05
Member No.: 24,208
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QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... I filed through hrblock dot com, was due a refund, paid the fees out of my checking account, and had the refund direct deposited to my account... and got my rebate DD on schedule. I know a lot of people that haven't received their rebate yet, even though they had dd... was this because they chose to deduct the fees from their refund instead of paying the fees?

Stop being sad. Start being Awesome.Weekend of AWESOME 
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May 9 2008, 08:28 AM
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Group: Members
Posts: 2,517
Joined: 24-March 05
From: Somewhere Performing Community Service
Member No.: 14,870
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If you received a refund anticipation loan (the only way your fees could be deducted from your tax return as I recall), then you will not receive this stimulus payment via DD...you'll get a paper check.

Life's Great Maxims Acccording to Me- Sometimes you have to wage war in order to have peace.
- A hard head makes a soft behind.
- I'm not peaceable with anybody that's not peaceable with me.
- The rod is for the fool's back - and that one's in the Bible.
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May 9 2008, 08:29 AM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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QUOTE(ts8586 @ May 9 2008, 08:22 AM)  QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... Good find. Just a "minor detail" that they failed to mention.  Ya......there is no mention of this little detail anywhere on the IRS site, news media etc........kinda sucks for alot of people that are expecting their rebates via dd........

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May 9 2008, 08:29 AM
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Group: Members
Posts: 21
Joined: 15-May 06
From: The Rust Belt
Member No.: 31,528
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QUOTE(lorasmom @ May 9 2008, 09:24 AM)  QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... I filed through hrblock dot com, was due a refund, paid the fees out of my checking account, and had the refund direct deposited to my account... and got my rebate DD on schedule. I know a lot of people that haven't received their rebate yet, even though they had dd... was this because they chose to deduct the fees from their refund instead of paying the fees? Sounds like it. I had my fees deducted from HR Block and I'll be getting a check mailed... well, according to the IRS. We'll wait and see when it actually happens.
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May 9 2008, 08:34 AM
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Group: Members
Posts: 948
Joined: 10-July 03
From: Pacific Northwest
Member No.: 1,343
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QUOTE(ts8586 @ May 9 2008, 08:22 AM)  QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... Good find. Just a "minor detail" that they failed to mention.  QUOTE(lorasmom @ May 9 2008, 08:24 AM)  QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... I filed through hrblock dot com, was due a refund, paid the fees out of my checking account, and had the refund direct deposited to my account... and got my rebate DD on schedule. I know a lot of people that haven't received their rebate yet, even though they had dd... was this because they chose to deduct the fees from their refund instead of paying the fees? Exactly.............if they paid the filing fees and or processing fees out of their refund then they will get a paper check......also Blackberry is right this applies also to people who received a Rapid Anticipation Loan.....they will also receive a paper check.......


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May 9 2008, 08:39 AM
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Group: Members
Posts: 1,087
Joined: 30-January 06
Member No.: 26,800
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QUOTE(Snglmom @ May 9 2008, 09:29 AM)  QUOTE(ts8586 @ May 9 2008, 08:22 AM)  QUOTE(Snglmom @ May 9 2008, 09:15 AM)  QUOTE(ts8586 @ May 9 2008, 07:27 AM)  Has this news about using a preparer just been released? I used H&R Block, and the IRS website actually gave me exact info about my check yesterday. It is scheduled to be mailed next week. If you're still getting that standard "we have no exact information on your rebate" message, keep checking daily. The info was not released...........I discovered it quite my mistake while looking for something else.... My understanding is if you used a preparer and had the filing fees and or processing fees deducted from your refund then your check will be mailed and not direct deposited even if you had your refund direct deposited......... Good find. Just a "minor detail" that they failed to mention.  Ya......there is no mention of this little detail anywhere on the IRS site, news media etc........kinda sucks for alot of people that are expecting their rebates via dd........ The below quote is from the IRS FAQ. I believe it's been there for some time now... QUOTE Q. I chose direct deposit for my 2007 tax refund but also requested a refund anticipation loan (RAL) from my preparer. How does that affect my stimulus payment?
A. Taxpayers who use RALs or enter into any other loan or financial agreement with their tax professional cannot receive their stimulus payments by direct deposit and instead will get a paper check.

FICO (09Jun03): TU:774 EQ:777 EX:792 There is no instance of a country having benefited from prolonged warfare. -Sun Tzu  Always PIF!
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May 9 2008, 09:13 AM
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Group: Members
Posts: 1,178
Joined: 30-June 04
Member No.: 6,740
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It was in our account this morning.
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May 9 2008, 10:35 AM
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Group: Bloggers
Posts: 437
Joined: 16-November 05
Member No.: 24,208
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okay... so what about this scenario: I prepared my own taxes on turbotax. I then send my own taxes online through intuit's turbo tax. Then I had them deposit my refund into my account. None of this cost me anything other than the 19.95 to outright buy the turbo tax software. I didn't even give myself a little fee or tip for preparing and filing these taxes.

Stop being sad. Start being Awesome.Weekend of AWESOME 
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May 9 2008, 10:40 AM
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Group: Forum Leads
Posts: 2,633
Joined: 4-February 03
From: In your head
Member No.: 84
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Not in my account, so I guess my check really is being mailed today. Should have it in a few days...

~ Lighthouse84
"It is better to be thought a fool than to speak and remove all doubt" - Honest Abe
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May 9 2008, 10:42 AM
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Group: Members
Posts: 1,087
Joined: 30-January 06
Member No.: 26,800
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QUOTE(lorasmom @ May 9 2008, 11:35 AM)  okay... so what about this scenario: I prepared my own taxes on turbotax. I then send my own taxes online through intuit's turbo tax. Then I had them deposit my refund into my account. None of this cost me anything other than the 19.95 to outright buy the turbo tax software. I didn't even give myself a little fee or tip for preparing and filing these taxes. It sounds like you should receive yours DD. If you want to verify - as long as your bank account info appears on your 1040 you should be all set for DD.

FICO (09Jun03): TU:774 EQ:777 EX:792 There is no instance of a country having benefited from prolonged warfare. -Sun Tzu  Always PIF!
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