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Old 01-06-2021, 05:32 PM   #141
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I used to pay others to clean my gutters and I still pay for someone else to do my taxes. I hate them about equally! YMMV
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Old 01-07-2021, 06:25 PM   #142
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Originally Posted by bpgdeg1234 View Post
Thanks for update. Did the site indicate scheduled to be mailed Jan 6 (today) or was actually mailed today?
This is what it said:
Quote:
We scheduled your payment to be mailed on January 6, 2021 to the address we have on file for you.
And I think the reason for the error in Firefox is that I turned off referrer headers at one point, which breaks a lot of sites. I need to get a referrer header spoofer instead of just turning them off.
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Old 01-07-2021, 11:13 PM   #143
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This is what it said:

And I think the reason for the error in Firefox is that I turned off referrer headers at one point, which breaks a lot of sites. I need to get a referrer header spoofer instead of just turning them off.
Thanks for response. Mine says the same. Was hoping that after the 6th it indicated that it was actually mailed.
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Old 01-08-2021, 06:54 AM   #144
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Will there be another stimulus check coming now for 2000 or 1400 or nothing at all?
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Old 01-08-2021, 07:13 AM   #145
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The latest update to desktop TurboTax (I downloaded it yesterday) has support for entering whether you received both stimulus payments and crediting it if you didn't. I will get $1800 credit (I am single, no kids) on my taxes since I never was sent a payment. My 2018 and 2019 income didn't qualify me, but my 2020 will.

You can also now enter stock sales with the update.

I went thru a quick dry run of my taxes based on numbers I can get from my online accounts and it looks like TurboTax functionality now has everything I need to file when I can. Not to say they won't update more and change things prior to filing, but it's almost there.
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Old 01-08-2021, 07:13 AM   #146
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Will there be another stimulus check coming now for 2000 or 1400 or nothing at all?
To early to tell for sure, but I am holding off on my Roth Conversion plan for 2021 until I know the rules for sure.
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Old 01-08-2021, 07:27 AM   #147
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Has anyone determined why the IRS is not able to send the second stimulus deposit to a checking account if they successfully sent the first one?

For payment #1, for my mother, I had to upload her bank account routing numbers once they set up a method to do that. We did that. And she got her payment, albeit not in the first wave of payments.

For payment #2, she has not received payment and the "Get my Payment" system doesn't show any imminent payment. Following the help link, it seems that the IRS is not going to send anymore payments due to the opening of tax season and that anyone who has not received payment #2 will need to wait to get it on their filed tax returns.

Why didn't they send payment #2? They have her banking numbers from the first payment. Did they not click the "Save" button?
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Old 01-08-2021, 08:29 AM   #148
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Has anyone determined why the IRS is not able to send the second stimulus deposit to a checking account if they successfully sent the first one?

Why didn't they send payment #2? They have her banking numbers from the first payment. Did they not click the "Save" button?
That happened to me.

I received the 1st stimulus check by direct deposit into my checking account.
This week I received the 2nd stimulus payment by a paper check in the mail.
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Old 01-08-2021, 08:33 AM   #149
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Same here, direct deposit last time and supposedly mailed a check on the 6th for the second payment. And I pay quarterlies via Direct Pay too.
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Old 01-08-2021, 08:35 AM   #150
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In H&R Block, where in the interview are the stimulus questions? I'll admit to not looking. Haven't even downloaded the latest update.
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Old 01-08-2021, 08:43 AM   #151
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In H&R Block, where in the interview are the stimulus questions? I'll admit to not looking. Haven't even downloaded the latest update.
It's in the "Credits" tab, first item -- "Recovery Rebate (Economic Stimulus) Credit"
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Old 01-08-2021, 10:05 AM   #152
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No sign of stimulus funds yet.

I suspect that a recently discovered and corrected accounting error on the IRS side with our 2019 tax return ... IRS didn’t properly record and credit two of our quarterly payments causing our account to reflect a “balance due” ... is causing a delay.

Hope it’s only a delay. Want to use stimulus to shop local and help small businesses in town a little more.
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Old 01-08-2021, 10:13 AM   #153
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Will there be another stimulus check coming now for 2000 or 1400 or nothing at all?
I am still waiting or my crystal ball to tell me what TSLA is going to do, but I have the request in queue. Nonetheless, if I was a betting man (and maybe I am since I do hold some TSLA) I would say the odds are pretty favorable for additional stimulus funds in the near future.
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Old 01-08-2021, 10:16 AM   #154
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Checked my CU account and nothing yet. Maybe the "check is in the mail".


Cheers!

Well what do you know. The check was in the mail. The modified amount came in yesterday.



Cheers!
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Old 01-08-2021, 11:41 AM   #155
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Pleasantly surprised to get my check yesterday. Ill file for the first stimulus check when I do my taxes, since I didnt receive that one.
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Got ours but there are issues with Republic bank
Old 01-08-2021, 03:12 PM   #156
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Got ours but there are issues with Republic bank

Howdy,


Got our $1200 few days ago direct deposit same as last time.


My Accountant sent a notice about Republic bank issue.....Assume others maybe..



Good Luck



Walter:
On January 4th, 2021, Liberty Tax was informed that the IRS sent funding for stimulus payments to Republic Bank for customers that had used a Refund Transfer product last season and chose a check option for disbursement. Those accounts were in a closed status and by law, the bank was required to return them to the IRS. Some customers elected electronic deposit or direct deposit from this account and received the funding from the IRS, because the ultimate bank account (the taxpayer's bank account) was still open and active. Since Tuesday, January 5th, 2021, we have been working non-stop, pleading with the bank and the IRS to re-open those accounts and send those deposits back, and allow us to print checks in our local offices, at no charge to our clients.
For two days both the bank and the IRS have been contemplating our recommendation, I am pleased to let you know Republic Bank has agreed to work through the logistics of doing this, however, I was notified at 2:30PM CST the IRS will not re-submit the deposits. Because of the IRS's decision, we are unable to fulfill any check issuance for the stimulus payment at this time.
Some banks did not return the money to the IRS, and still may be able to direct funds into an ultimate bank account for the customer. Unfortunately, Republic Bank is not one of them, and they are our partner bank.
We have been communicating to customers since yesterday as we tried to identify just what was happening and what was going to happen and how we could help customers. For many of you, it wasn't enough or timely enough. I am truly sorry. This has been a difficult situation to manage through and we are doing our best. Information has come fast, furious and inaccurately from the IRS, so we just didn't know what to disseminate as it is changing intra-hourly.
None of that gets you your payment today. With this communication, we hope to help you solve that problem. The latest IRS guidance is clear for those taxpayers who did not receive their stimulus payments. The very first thing you should do is go to the IRS website by clicking below and use the "Get My Payment" tool to determine your status.
  1. If GMP reflects a direct deposit date and partial account information, then your payment is deposited there.
  2. If GMP reflects a date your payment was mailed, it may take up to 3 - 4 weeks for you to receive the payment. Watch your mail carefully for a check or debit card. (See the FAQ for EIP Card by clicking HERE.)
  3. If GMP shows "Payment Status #2 - Not Available," then you will not receive a second Economic Impact Payment and instead you need to claim the Recovery Rebate Credit on your 2020 Tax Return.
If you are one of the millions of customers who will not get a direct stimulus deposit, I want to provide a nationwide offer to come to a local Liberty Tax office for a FREE, NO OBLIGATION STIMULUS CONSULTATION. Even if you have chosen to go elsewhere, we feel the best we can do for our customers is to provide this service.

All stimulus payments were intended to be in homes no later than January 15th, 2021. At this point, if you do not get your stimulus payment by the end of this week, you will have to include it in your 2020 Tax Return as Rebate Recovery Credit. It is a terrible outcome and one that I am continuing to advocate against with the IRS, but so far this has fallen on deaf ears. I have asked the IRS to issue checks directly to the taxpayer and have received a negative response. I will continue to advocate for you, our client, taxpayer and fellow American. I am truly sorry we don't have better news to share at this time. Should there be a change in status, as I intend to help bring about, we will quickly update you.
Sincerely,

Brent Turner
CEO
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Old 01-08-2021, 07:12 PM   #157
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It's in the "Credits" tab, first item -- "Recovery Rebate (Economic Stimulus) Credit"
Thanks. I got the update to the tax software and it's pretty simple. The "mini-worksheet for line 30, recovery rebate credit" just makes sure you're eligible, and for what amount, then subtracts any amount you got in 2020. And nothing to to with the "by January 15th payment" as far as I can tell.

I'll admit to not paying all that much attention, but I somehow thought the current stimulus payments had something to do with 2020 taxes.
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Old 01-08-2021, 07:26 PM   #158
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I'll admit to not paying all that much attention, but I somehow thought the current stimulus payments had something to do with 2020 taxes.
The stimulus payments that started going out at the end of December AND the payments from earlier in the year will BOTH be reconciled on the 2020 tax returns due on April 15th.
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Old 01-08-2021, 07:38 PM   #159
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Originally Posted by wallygator69 View Post
My Accountant sent a notice about Republic bank issue.....Assume others maybe...
This is a problem for many people who use the "refund transfer" option that's offered by a lot of different accounting firms and software companies in partnership with various banks. Basically the tax preparer sets up a temporary bank account and puts that account number on the tax return. When the IRS deposits the refund, the preparer's company subtracts its fees and then issues a check or prepaid debit card to the client before closing the account. It's a popular option for the unbanked and those who can't afford to pay tax prep fees in advance; so this is mostly hurthing the very low income people who need the stimulus payments the most.

The IRS had this same issue with the first stimulus payments, and I they know which accounts are for transfers, so the problem is at least partly on them.
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Old 01-08-2021, 08:11 PM   #160
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Change of plans. Our 12 year old Samsung fridge died so our combined $1,200 in stimulus money will go to buy a new LG fridge.
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