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We May Have Found Your Stimulus Rebate Check!

Posted by Ben
May 12, 2008

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IRSOh Eureka. So we are hearing from quite a number of people that they haven’t received their economic stimulus check yet, myself included. Well after we got a hot tip, (thank you Greg) the mystery has revealed itself. No thanks to the IRS mind you…

 

According to Turbo Tax, the difference comes about when you get to the end of the filing process. You have a choice of paying for the filing to the federal government and the state with a credit card outright, or by having the filing fees taken out of your refund, provided you qualified for one. You must have had a completed tax return on file by the deadline, April 15th 2008, in order to receive the stimulus check by the normal given time.

In the event that you went with the first option, to pay for it outright at the time of filing, there should be no issues. However, if you had the fees taken out from your refund, like I did, then you will not be receiving your check like the rest of the class.

Turbo TaxWhat ends up happening on Turbo Tax’s back-end is that when you opt for fees to be taken from your refund, a small temporary bank account is created on your behalf for the refund to pass through, ergo, Turbo Tax is given the window to scrape out their dues. Then this little temp account gets deleted and we continue to hurdle on in our busy lives. Unfortunately, this magical temporary account is the last thing the IRS knows about as far as giving you money. And naturally, they don’t do this very often so they get confused. When they went to go pump up your account they got a bounce back and your check gets tossed into the snail mail pile to be sent later than what you expected, hence everyone wondering where their check has run off to.

You will get your check, but you better check your mail and be aware of when yours is to come if it was mailed. Spend wisely!



Related articles you might be interested in:
Second Chance at 2008 Stimulus Check
Your Economic Stimulus Rebate Check is Scheduled for Departure
Warning: Tax Economic Stimulus Rebate Fraud
Monthly Round Up for March
Why Didn’t I Receive My Economic Stimulus Check?

Banking, Rebates, money, stimulus, taxes


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Comments
Comment by MachikoNo Gravatar on May 14, 2008 @ 10:34 am

Thank you for the information regarding the whereabouts of my tax rebate check. It was very helpful, although it didn’t make me happy!

Comment by ryanNo Gravatar on May 15, 2008 @ 9:35 pm

bullshit,if i nown that i,d wood have paid my money up front.i need the money nowww.now i have to wait 4 more weeks for a paper check. pissed off

Comment by BenNo Gravatar on May 15, 2008 @ 11:51 pm

@Ryan: Your frustration is surely felt among many…who could have known this little loop hole was out there?

Comment by Lynn KennedyNo Gravatar on May 16, 2008 @ 8:19 am

What is going on? I should have received my check May 9th. Direct deposited at that. Then I hear strangers are getting other peoples checks. When and how long am I having to wait for my check?

Comment by FrankNo Gravatar on May 16, 2008 @ 10:21 am

@Lynn: Did you file using software such as TaxAct or TurboTax? I wouldn’t worry about not receiving your check until the deadline passes for you to receive a paper check.

Comment by PCNo Gravatar on June 13, 2008 @ 11:29 am

My son works and goes to school he filed his taxes, but he is still living with us and we claim him, we support his schooling. Does he recieve a stimulus check also?

Comment by FrankNo Gravatar on June 13, 2008 @ 10:17 pm

@ PC – If your son made at least $3,000 dollars last year he should also receive a stimulus check. If not, perhaps you received the $200 for claiming him?

Comment by colleenNo Gravatar on August 11, 2008 @ 12:55 pm

It is August 11, 2008 and my husband and we haven’t received our check. how do i go about tracking it? thanks

Comment by FrankNo Gravatar on August 11, 2008 @ 2:52 pm

@ Colleen – You can track your stimulus payment here: https://sa1.www4.irs.gov/irfof/IRServlet?app=IRACTC

Comment by JonathanNo Gravatar on August 19, 2008 @ 3:45 pm

Just another way the government enjoys a cruel laugh at the expense of the working class poor. I’m still waiting too, and like all of you, I am in desperate need. Funny how the IRS wants their money by April 15th, and God help you if you don’t have it to them. BUT! They can lolligag at their leisure, and we can do nothing. I absolutely love my country…BUT I DETEST OUR PIECE OF SHIT GOVERNMENT LIKE A SICKNESS. MAYBE I SHOULD JUST GO ROB A BANK, AND GET IT THE EXPRESS WAY?

Comment by BenNo Gravatar on August 21, 2008 @ 9:50 pm

@ Jonathan: Your feeling what a great many other people are feeling as well. Its amazing how frustrating the government is and how it easy it seems to fix things and make things right. That frustration probably has a very direct correlation to the amount of apathy a good majority of Americans feel (or don’t feel in this case) towards towards politics, elections, taxes, policy…you name it.

Its also funny how the waiting doesn’t just end with the government…I feel they way you do just for regular banks. They require you to be on time, astute and precise but when you need something from them…you might as well start your own act of Congress to get an engraved invitation.

PS- I just have to say, please don’t rob a bank. :) “Heat” (with Robert DiNero and Al Pacino) is one of my most favorite movies but unless you are up against homelessness and the military won’t take you, the risk far outweighs the reward.

Pingback by -> Economic Stimulus Rebate Update: I Got My Money! | Bible Money Matters on April 17, 2009 @ 8:38 am

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