Stimulus 3 deposit already!

[ocean view]

Barely 24 hours since the president signed the relief bill and the IRS has already deposited the money in our account. I’m stunned.

 

[aja8888]

Barely 24 hours since the president signed the relief bill and the IRS has already deposited the money in our account. I’m stunned.

No deposit in ours yet...I feel left out! (maybe because we live in Texas)

 

[Fermion]

Thank you for your vote!

 

[CardsFan]

Got a check last time. Expect one this time.

Checked the website: https://www.irs.gov/coronavirus/get-my-payment

Apparently down for repairs.

 

[aja8888]

Too bad the U.S. Treasury doesn't have a website where one can go in and pull your own "Stim" Check. That would make it easier for future planned distributions.

 

[twaddle]

Sorry, that was me. I venmo'd it to you by mistake. Could you send it back?

 

[MissMolly]

We got ours too! Amazing!

 

[CardsFan]

Sorry, that was me. I venmo'd it to you by mistake. Could you send it back?

 

[ocean view]

This proves that the IRS can be efficient. I thought that was impossible.

 

[Miarocks]

We won’t get one this time. Shoulda waited to file 2020 taxes, dang it!
We qualified and received the other two payments, but likely not #3 due to a Roth conversion last year moving our income above the threshold.

Be aware, AFAIK, the ‘phaseout’ range is much smaller with this 3rd one. MFJ phaseout from $150-160k, hard line cut off ($0 payment) over $160k.

We could probably get the payment with next year’s return if we choose not to convert again this year. But I think the benefits of Roth conversion (at current historically low tax rates) will far outweigh the benefit of EIP #3.

 

[Walt34]

I just checked and while we did not get the stimulus deposit we did get the tax refund on March 3rd. Not bad.

 

[whatnot]

We got ours.

 

[RAE]

This proves that the IRS can be efficient. I thought that was impossible.

They're not that efficient. DW and I still have not received our 2nd stimulus check, from January. Got the first one as a direct deposit, but the second one never showed up. Guess we will have to claim it as a rebate on our taxes.

 

[MRG]

This proves that the IRS can be efficient. I thought that was impossible.

Computer systems are efficient; the IRS?

 

[georgemoe]

DW and I got the deposit today. Don't need it but it will take it given we have to pay for it. Times over.

 

[skyking1]

The IRS does not have DD authority so they will send a check/credit card. We received a notification from them yesterday that it was on the way. It was indeed significantly reduced from last time, and we have not filed 2020 yet so it is just the faster phasing out.

 

[disneysteve]

This proves that the IRS can be efficient. I thought that was impossible.

Stimulus checks do not come from the IRS. They come from the Treasury Department.

 

[ocean view]

Stimulus checks do not come from the IRS. They come from the Treasury Department.

Well, the notation on each of my stimulus deposits say “IRS Treas”, so we’re both correct.

 

[Miarocks]

Stimulus checks do not come from the IRS. They come from the Treasury Department.

Actually, the IRS is a bureau of the Treasury Department.

 

[W2R]

I don't think I'm getting a stimulus deposit this time. My AGI was too high.

Oh well! Having a higher income is not a bad thing when you think about it.

 

[Finance Dave]

Ours show as "pending" in our bank online system.

 

[RetireeRobert]

Sorry, that was me. I venmo'd it to you by mistake. Could you send it back?

+2

 

[braumeister]

Several posts had to be deleted from this thread. We're sure you can guess why. Please keep it under control.

 

[GLM]

Perhaps it was mailed

They're not that efficient. DW and I still have not received our 2nd stimulus check, from January. Got the first one as a direct deposit, but the second one never showed up. Guess we will have to claim it as a rebate on our taxes.

Same thing happened here. Direct deposit first check. Late January I checked the IRS site for refunds. We moved in October / November. Site said check #2 was MAILED out around January 4. Not happy as we expected it to be direct deposited to the account as before.

Late February we got a call the newbies that bought our house dropped a pile of mail of at an old neighbors. (I should have made sure they knew how to get the USPS to send mail they failed to forward correctly) . The check was in that stack.

Here is the site...

https://www.irs.gov/coronavirus/get-my-payment

The IRS site also said then that I had to wait until March 10 to try and find the missing check.

 

[nobody]

Government doesn't give me anything I have to pay for all of you.