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Stimulus direct deposit, checks and EIP cards.
04-09-2020, 01:58 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Chicago
Posts: 1,154
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Stimulus direct deposit, checks and EIP cards.
Direct deposits were supposedly starting today. Has anybody received a deposit today? I think the figure was 50m going out.
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04-09-2020, 02:04 PM
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#2
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Thinks s/he gets paid by the post
Join Date: Apr 2008
Posts: 2,024
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Nothing so far. We're assuming they're using our 2019 filing which was done back in late February. If for some reason they're using our 2018 filing, we won't see one, so I can't tell if we're a good data point or not. DW did receive her SS direct deposit yesterday, which was expected.
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04-09-2020, 02:04 PM
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#3
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Since I haven't had a refund in years and with no bank info on file I have no idea. All I know is that I'll get it one way or another. 
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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04-09-2020, 02:30 PM
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#4
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Full time employment: Posting here.
Join Date: Oct 2014
Location: Tucson
Posts: 804
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I came across an article that stated that the paper checks would go out in AGI order; those with the lowest AGI would get theirs mailed first.
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04-09-2020, 02:33 PM
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#5
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Full time employment: Posting here.
Join Date: Oct 2014
Location: Tucson
Posts: 804
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I am in the same boat, so I went ahead and paid my taxes early this year, via the IRS website, so they would have my acct and routing number.
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04-09-2020, 02:38 PM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2006
Location: Boise
Posts: 7,882
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 Quote:
Originally Posted by ripper1
Direct deposits were supposedly starting today. Has anybody received a deposit today? I think the figure was 50m going out.
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There is no reliable source for this information, so I am inclined not to believe it. I would rely on IRS.gov or public statements made by the Secretary of the Treasury. The latter has said that they're hoping to and committed to getting the direct deposits out in the next couple of weeks.
__________________
"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.
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04-09-2020, 02:38 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Dec 2016
Location: DC area
Posts: 2,495
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Even if direct deposits started today, you probably wouldn't see them show up until overnight.
__________________
FI and Semi-ER March 24, 2017
Consulting to stay engaged
"All models are wrong, some are useful." - George Box
“There is always a well-known solution to every human problem: neat, plausible, and wrong.” - H.L. Mencken
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04-09-2020, 04:23 PM
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#8
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,263
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Quote:
Originally Posted by ripper1
Direct deposits were supposedly starting today. Has anybody received a deposit today? I think the figure was 50m going out.
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NO deposits in my bank account.
But, I did find 1200 mis-matched socks in my dryer.
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
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04-09-2020, 04:32 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Oct 2012
Location: Reno
Posts: 1,338
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We had a large refund for 2019 taxes, but the gov and TurboTax delayed updating the "new" form for the solar panel/EV rebate program, so approval was delayed. The IRS then sent a check about 3 weeks ago, rather than using the bank info we included in the filing for 2019 (we've had refunds sent to the same account for the last 4-5 years).
So it will be interesting to see if a deposit is made or if we get a check.
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04-09-2020, 05:23 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Sep 2006
Posts: 1,691
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I think it takes up to 48 hours for the transfer to make it through the banking network. I would not expect to see it until this weekend.
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04-09-2020, 05:24 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by SecondCor521
There is no reliable source for this information, so I am inclined not to believe it. I would rely on IRS.gov or public statements made by the Secretary of the Treasury. The latter has said that they're hoping to and committed to getting the direct deposits out in the next couple of weeks.
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I tend to agree. Although it has been widely reported by some media outlets, there is not a single OFFICIAL word on it. So, I am thinking it's more "misinformation" that has grown like a wildfire. Kinda like the story about the possibility of burying the dead in the potter's field in NYC. Although it was debunked at least a couple days ago (the source of the story was some Tweet) I still saw the story on the WSJ this morning. Just another great example of why I don't trust the media.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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04-09-2020, 05:29 PM
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#12
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Moderator
Join Date: Nov 2015
Posts: 13,920
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can anyone link to something definitive saying "today". I've only seen 4/17.
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04-09-2020, 05:32 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by Aerides
can anyone link to something definitive saying "today". I've only seen 4/17.
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That's the problem. I did a pretty extensive search on the likely "official sources" (IRS website news release page, their FB and Twitter pages, etc.) and came up with nothing...even on the most recent press release (which is dated today). I won't harp on the media thing, but it just looks like more evidence that they will report a rumor to be the first one reporting it...then others jump in. Too much ad revenue these days...they GOTTA break the story, even if they aren't properly vetting it.
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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04-09-2020, 05:36 PM
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#14
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Moderator
Join Date: Nov 2015
Posts: 13,920
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Quote:
Originally Posted by ExFlyBoy5
...but it just looks like more evidence that they will report a rumor to be the first one reporting it...
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But in this thread - there is no "they" - not that anyone has shown at least. I don't see anything saying a date other than starting 4/17.
We're all going off the OP's comment which has not been substantiated, and isn't, with a quick google search.
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04-09-2020, 05:42 PM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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Quote:
Originally Posted by Aerides
But in this thread - there is no "they" - not that anyone has shown at least. I don't see anything saying a date other than starting 4/17.
We're all going off the OP's comment which has not been substantiated, and isn't, with a quick google search.
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"They" are the media outlets that ARE reporting this... maybe I misunderstood what you meant? 
__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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04-09-2020, 05:51 PM
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#16
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Moderator
Join Date: Nov 2015
Posts: 13,920
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ah thanks. my google search didn't return those results. So I couldn't find a "they" to start with.
Odd that one of your links is USA today, when the article I found from them said 4/17...And the one in that link looks like it says only "other sources say it could be starting 4/9"
Anyway, I don't think anyone should expect to see it this weekend. these things tend to happen later than initial planning, not sooner.
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04-09-2020, 06:14 PM
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#17
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: ATL --> Flyover Country
Posts: 6,649
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__________________
FIRE'd in 2014 @ 40 Years Old
Professional Retiree
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04-10-2020, 12:22 PM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Apr 2012
Posts: 6,180
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There is now information on irs.gov that they will be providing in mid-April a "get my payment" application that will allow you to check your payment type and status, and verify/update your bank information if you filed with direct deposit.
Also on that page is access to a form for non-filers to enter information to get the payment.
https://www.irs.gov/coronavirus/econ...mpact-payments
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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04-10-2020, 08:25 PM
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#19
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Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,139
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People are reporting on Bogleheads that they started receiving deposits in their accounts today.
__________________
And whatever your labors and aspirations in the noisy confusion of life, keep peace in your soul. With all its sham, drudgery, and broken dreams, it is still a beautiful world. Be cheerful. Strive to be happy.- Desiderata by Max Ehrmann
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04-10-2020, 08:37 PM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2016
Location: Colorado
Posts: 8,971
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Nothing and expected nothing.
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