Comments on: Stimulus snafus http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/ Put the \"personal\" back in personal finance, the \"me\" in money management, the \"I\" in investing. Mon, 23 Nov 2009 14:09:20 +0000 http://wordpress.org/?v=2.3.3 By: mike d http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9191 mike d Wed, 21 May 2008 20:51:13 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9191 well, looks like I'm the only one (here, anyway) who filed snail-mail, chose direct deposit for my refund, but still got a paper check. Crazy! (I didn't do Turbo Tax or H&R block - and I typed in MY bank's routing numbers). Perhaps it was because I split my refund between two accounts (one traditional and one ING) and they feared that one of them was an IRA account? Or they just couldn't choose, like Homer at the donut counter? Who knows. But let me again emphasize - no big deal for me. I got my check and it's in the bank now; I can't really complain compared to someone who doesn't get one at all or has it stolen! well, looks like I’m the only one (here, anyway) who filed snail-mail, chose direct deposit for my refund, but still got a paper check. Crazy! (I didn’t do Turbo Tax or H&R block - and I typed in MY bank’s routing numbers).

Perhaps it was because I split my refund between two accounts (one traditional and one ING) and they feared that one of them was an IRA account? Or they just couldn’t choose, like Homer at the donut counter?

Who knows. But let me again emphasize - no big deal for me. I got my check and it’s in the bank now; I can’t really complain compared to someone who doesn’t get one at all or has it stolen!

]]> By: dc1515 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9190 dc1515 Wed, 21 May 2008 20:22:41 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9190 I filed mine via snail mail and had my refund direct deposited. I got my direct deposit stimulus on the day the feds said I would get it. it was great! I filed mine via snail mail and had my refund direct deposited. I got my direct deposit stimulus on the day the feds said I would get it. it was great!

]]> By: Chris http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9188 Chris Wed, 21 May 2008 15:36:35 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9188 Answers: If you used Turbo Tax and had the fees taken out of your refund or received a Refund Anticipation Loan from H&R you'll get a paper check because the IRS doesn't have your bank info, they have TT or H&Rs. If it was deposited into an IRA you can withdraw it with no penalty or tax consequences. If you didn't have at least $600 of tax liability for 2007 you will get a reduced amount. Earn more money next year and have a larger tax liability and you'll get the remainder after filing your 2008 tax return. Answers:

If you used Turbo Tax and had the fees taken out of your refund or received a Refund Anticipation Loan from H&R you’ll get a paper check because the IRS doesn’t have your bank info, they have TT or H&Rs.

If it was deposited into an IRA you can withdraw it with no penalty or tax consequences.

If you didn’t have at least $600 of tax liability for 2007 you will get a reduced amount. Earn more money next year and have a larger tax liability and you’ll get the remainder after filing your 2008 tax return.

]]> By: Carla http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9187 Carla Wed, 21 May 2008 13:41:12 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9187 If you make more than the alloted amount or make too little so you don't pay a lot of taxes, the amount you get is less. Did she use the calculator to see how much she was supposed to get? If you make more than the alloted amount or make too little so you don’t pay a lot of taxes, the amount you get is less. Did she use the calculator to see how much she was supposed to get?

]]> By: Kristen http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9186 Kristen Wed, 21 May 2008 13:30:24 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9186 Really? We filed ours snail mail and our rebate was direct deposited. One of my co-workers said that hers didn't end up being the full $600 ... she got like $460-something. Has anyone else heard of that happening? Really? We filed ours snail mail and our rebate was direct deposited.

One of my co-workers said that hers didn’t end up being the full $600 … she got like $460-something. Has anyone else heard of that happening?

]]> By: mike d http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9185 mike d Wed, 21 May 2008 13:07:08 +0000 http://blogs2.startribune.com/blogs/kablog/2008/05/20/stimulus-snafus/#comment-9185 Well, I WAS complaining about my situation, but now that I hear about other people's problems, it seems minor. I filed my taxes on paper, via snail mail (not e-file) BUT I had my return direct-deposited. So I figured my stimulus check would be direct-deposited. Wrong! I got the check in the mail this week. So now I'm just mildly annoyed that the message wasn't clear - they should have said "If you E-FILED, you'll get direct deposit"...I'm thinking THAT'S probably what they REALLY meant. I'll live. Now, what to do with the money... Well, I WAS complaining about my situation, but now that I hear about other people’s problems, it seems minor. I filed my taxes on paper, via snail mail (not e-file) BUT I had my return direct-deposited. So I figured my stimulus check would be direct-deposited. Wrong! I got the check in the mail this week. So now I’m just mildly annoyed that the message wasn’t clear - they should have said “If you E-FILED, you’ll get direct deposit”…I’m thinking THAT’S probably what they REALLY meant.

I’ll live. Now, what to do with the money…

]]>