According the IRS schedule, I thought our Stimulus money should of been direct deposited last week. The direst deposit has never shown up so I did some investigating on the IRS site as well as several message boards.
Apparently if you did a traditional paper return or if you filed with a tax service like TurboTax or HRBlock and paid the fees with a credit card, you will get your stimulus money on the first schedule as a direct deposit.
But if you used electronic filing through a tax service or software, and had the filing fees deducted from your refund, you will be getting a paper check on the second schedule. The paper check also applies to people who got rapid refunds through a tax service.
The IRS site does not spell this out but people who have spent 1/2 an hour on hold to talk to an IRS person on the phone have been told this.
IRS Questions and Answers
Tuesday, May 13, 2008
Wondering about your Stimulas money?
Posted by Rhonda at 6:49 AM
Subscribe to:
Post Comments (Atom)
IRS is stupid. nft. :)
ReplyDeleteYep, we found that out too. There is a little blurb on the IRS site but I don't remember seeing it initially. I thought it was due to TurboTax but I see now it says the fee thingy. Wonder how they came up with these rules???
ReplyDelete