Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 04-14-2020, 12:14 PM   #141
Thinks s/he gets paid by the post
USGrant1962's Avatar
 
Join Date: Dec 2016
Location: DC area
Posts: 2,090
Quote:
Originally Posted by Chuckanut View Post
The last two years I have owed a bit as a way of discouraging bad guys from faking my return. But that means I will have to wait for the check later this year. There is talk of the IRS making an online site where people like me can give them my bank routing information. We'll see what happens.
FWIW, the bad guys don't care if you owe or not. They submit a totally fake return (with your stolen name and SSN) that claims a refund, doesn't matter if you actually owe or not.

Here's an old article: https://www.tomsguide.com/us/avoid-t...ews-18648.html
__________________
FI and Semi-ER March 24, 2017
Consulting to stay engaged

"All models are wrong, some are useful." - George Box
ďThere is always a well-known solution to every human problem: neat, plausible, and wrong.Ē - H.L. Mencken
USGrant1962 is online now   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-14-2020, 12:21 PM   #142
Thinks s/he gets paid by the post
 
Join Date: Jan 2018
Location: Elyria, OH
Posts: 1,937
Quote:
Originally Posted by cathy63 View Post
If you owe, then your checking account information is not on your return. Take a look, you should see X's in the account and routing number boxes that are in the refund section. What you're actually doing when you efile a return where you owe money is submitting two different transactions. One is your return, the other is your payment.

Also, when you give the IRS permission to take a direct debit from your account, that is not the same as giving them permission to put a direct deposit into your account. In order to get a direct deposit of the stimulus check, you have to have given permission for a direct deposit which you can do via a tax return that has a refund, or by receiving SS, or by using the special website that's not yet operational. I suspect there's a banking regulation or federal law that requires this since employers also require explicit permission to setup direct deposits, but I haven't gone searching for it.
You are correct. I don't see X's. Those fields are just blank.
gwraigty is offline   Reply With Quote
Old 04-14-2020, 03:05 PM   #143
Recycles dryer sheets
I was misinformed's Avatar
 
Join Date: Jun 2015
Posts: 104
Got my stimulus payment today (4/14) by direct deposit.
I was misinformed is offline   Reply With Quote
Old 04-14-2020, 03:14 PM   #144
Thinks s/he gets paid by the post
 
Join Date: Mar 2013
Location: Coronado
Posts: 3,138
Quote:
Originally Posted by gwraigty View Post
You are correct. I don't see X's. Those fields are just blank.
Oh interesting. It probably depends on which software you use then. Both of the packages I've used do put X's if you owe, so I thought it was standard.
cathy63 is offline   Reply With Quote
Old 04-14-2020, 03:34 PM   #145
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
DFW_M5's Avatar
 
Join Date: Sep 2003
Location: DFW
Posts: 7,079
Some chatter going on about stimulus checks reducing next years tax refund, any truth to that
__________________
Doing things today that others won't, to do things tomorrow that others can't. Of course I'm referring to workouts, not robbing banks.
DFW_M5 is offline   Reply With Quote
Old 04-14-2020, 03:42 PM   #146
Recycles dryer sheets
 
Join Date: Oct 2018
Location: Solon
Posts: 148
I havenít filed 2019 yet. 2018 was my last year of working, so Iím not expecting a full share. Nothing as of yet.
Murph is offline   Reply With Quote
Old 04-14-2020, 04:02 PM   #147
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
SecondCor521's Avatar
 
Join Date: Jun 2006
Location: Boise
Posts: 6,778
Quote:
Originally Posted by DFW_M5 View Post
Some chatter going on about stimulus checks reducing next years tax refund, any truth to that
No.
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is online now   Reply With Quote
Old 04-14-2020, 04:02 PM   #148
Thinks s/he gets paid by the post
 
Join Date: Apr 2008
Posts: 1,494
Quote:
Originally Posted by DFW_M5 View Post
Some chatter going on about stimulus checks reducing next years tax refund, any truth to that
It's possible, but any further comment I have would easily touch one of the third rails on the forum.
statsman is offline   Reply With Quote
Old 04-14-2020, 04:04 PM   #149
Dryer sheet aficionado
 
Join Date: Apr 2016
Posts: 35
My bank is showing a pending 4/15/20 deposit.

Also filed my 2019 taxes today. Refund due ... should've filed sooner! Mostly glad to check that off my To Do list.
BeanCounter62 is offline   Reply With Quote
Old 04-14-2020, 04:10 PM   #150
Full time employment: Posting here.
Lawrencewendall's Avatar
 
Join Date: Feb 2017
Location: Severn
Posts: 888
Got mine today. So did DS2.
Lawrencewendall is offline   Reply With Quote
Old 04-14-2020, 04:28 PM   #151
Recycles dryer sheets
 
Join Date: Jul 2014
Posts: 79
My check hit my Fidelity account.
msanniee is offline   Reply With Quote
Old 04-14-2020, 04:36 PM   #152
Thinks s/he gets paid by the post
 
Join Date: Dec 2014
Location: St. Charles
Posts: 3,321
Nothing yet.

But a piece of good news to us: I went back and checked my 2018 return (have not yet filed 2019), and we actually did have a small refund direct deposited. I thought we had not. So, they should have the bank info. Let's see if it comes tomorrow.
__________________
If your not living on the edge, you're taking up too much space.
Never slow down, never grow old!
CardsFan is offline   Reply With Quote
Old 04-14-2020, 04:48 PM   #153
Full time employment: Posting here.
 
Join Date: Jan 2016
Posts: 942
Nothing yet.
meleana is offline   Reply With Quote
Old 04-14-2020, 05:43 PM   #154
Full time employment: Posting here.
cbo111's Avatar
 
Join Date: May 2014
Posts: 881
So, DM filed electronically for 2018, but mailed her return in this year. Do you suppose the IRS will remember her bank account info from 2018?
cbo111 is offline   Reply With Quote
Old 04-14-2020, 05:55 PM   #155
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
SecondCor521's Avatar
 
Join Date: Jun 2006
Location: Boise
Posts: 6,778
Quote:
Originally Posted by cbo111 View Post
So, DM filed electronically for 2018, but mailed her return in this year. Do you suppose the IRS will remember her bank account info from 2018?
Yes, I do.
__________________
"At times the world can seem an unfriendly and sinister place, but believe us when we say there is much more good in it than bad. All you have to do is look hard enough, and what might seem to be a series of unfortunate events, may in fact be the first steps of a journey." Violet Baudelaire.
SecondCor521 is online now   Reply With Quote
Old 04-14-2020, 06:26 PM   #156
Confused about dryer sheets
 
Join Date: Mar 2018
Location: Decatur
Posts: 5
This link is to the IRS.gov site . The IRS site says mid-April one can use "Get My Payment" application to check on when payment will be received.
https://www.irs.gov/coronavirus/econ...mpact-payments
Fufina is offline   Reply With Quote
Old 04-14-2020, 06:32 PM   #157
Thinks s/he gets paid by the post
gayl's Avatar
 
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,540
My dtr, her significant other, and I had it in our USAA accounts this morning. My sister, son, and grandson did not. We all had our bank info on our tax bills. (My son filed 2018 / 2019 due in July)
gayl is offline   Reply With Quote
Old 04-14-2020, 06:39 PM   #158
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 46,257
Nothing yet.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
W2R is offline   Reply With Quote
Old 04-14-2020, 06:56 PM   #159
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Mulligan's Avatar
 
Join Date: May 2009
Posts: 8,978
Quote:
Originally Posted by Walt34 View Post
I plan to spend it on wine, women, and song. Unless my wife has a better idea.

Sounds like you got a good plan, Walt...I am still figuring out what I am going to spend on my $0.00 stimulus check I will be receiving apparently any time now.
Mulligan is online now   Reply With Quote
Old 04-14-2020, 07:11 PM   #160
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 32,333
Quote:
Originally Posted by USGrant1962 View Post
FWIW, the bad guys don't care if you owe or not. They submit a totally fake return (with your stolen name and SSN) that claims a refund, doesn't matter if you actually owe or not.

Here's an old article: https://www.tomsguide.com/us/avoid-t...ews-18648.html
Right. I make sure I owe a little so Iím not waiting forever for a refund if someone does manage to fraudulently file on our SS numbers. Iíll still have to deal with the mess, but at least I wonít be waiting on a refund. I donít like loaning out extra tax money anyway.
__________________
Retired since summer 1999.
audreyh1 is offline   Reply With Quote
Reply

Tags
stimulus payment


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Stimulus checks and July 15 tax due date Lsbcal FIRE and Money 22 04-10-2020 02:40 PM
Living on the go: how to receive & deposit paper checks someguy FIRE and Money 21 05-15-2015 01:36 PM
"Direct" Deposit TromboneAl FIRE and Money 16 03-23-2006 11:27 AM
Direct Deposit to ING Direct cube_rat Young Dreamers 7 03-06-2006 10:10 PM

» Quick Links

 
All times are GMT -6. The time now is 06:36 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2022, vBulletin Solutions, Inc.