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284738 tn?1283106819

OT- Has anyone heard anymore about the recession refund that was talked about?

I was just wondering if it actually got passed and that we would be getting the extra $600 back from the goverment... I havent' heard anything much about it lately
10 Responses
342988 tn?1299782356
yes it was passed.  if you go onto the IRS website, you can check when you will be getting the money by the last 2 digits of you SS#.  we should be starting to get them the first week in May.  yeah
434240 tn?1216392070
What sucks is that my dh's last two #'s are 99 so we won't get ours till the middle of July!!  I was hoping to have it during the time I take maternity leave in June!!  Oh well!!
427258 tn?1266445242
if u had ur irs refund directly deposited ur checks will be going out monday...the rest are to follow in may...its was just on msn.com the other day...the president passed them to be released early
394503 tn?1315009083
yipeee!!!!!!!!! i guess i'll get mine this monday then!!! i had direct deposit! is that correct?
373683 tn?1218997212
If you had your payment direct Deposited, will they automatically deposit the money ? Is there any way to stop it ?
284738 tn?1283106819
even if you had your refund dircet deposit is it still going to be a check?  I lost my bank card right after I got my tax return and add to report it lost/stolen so I hope my stimulus refund doesnt go there....
427258 tn?1266445242
im not sure about all those questions...i just read that if ur refund was deposited into a bank account, then you will recieve your first...

"Economic stimulus payments will be issued according to the last two-digits of the main filer's Social Security number. People who use direct deposit also will be among the first to receive the payments starting April 28. The first cycle of paper checks will be mailed starting May 9 and continuing through May 16."

that is taken from the IRS website...i cant find any more info at the moment for you ladies (im trying to put 2 rowdy boys to bed lol) but ill look later!
427258 tn?1266445242
"How will you receive the payment? Be sure to choose direct deposit when you file your tax return, even if you aren't due a regular tax refund on your tax return. That way, the stimulus payment will go right to your bank account. Otherwise, we'll mail you a check."

"Q. If I use Direct Deposit for my tax return refund and my bank account information later changes, what will happen when my Stimulus Payment goes out?

A. Typically, the Direct Deposit will be rejected. After the IRS receives a rejection notice, the payment will be converted to a paper check and mailed to you."

"Q. If a taxpayer provides incorrect direct deposit information and his or her refund is returned to the IRS, will the IRS also attempt to Direct Deposit the stimulus payment into the "bad" account?

A. Once a payment is returned to the IRS, a paper check will be issued both for the original refund and for the stimulus payment. [New 4/11/08]"

"Q.  Is there something I can do to prevent my Stimulus Payment from being automatically deposited into the account that I identified for the Direct Deposit of my regular refund?

A.  Generally, if you designated Direct Deposit on a tax return, then the Stimulus Payment will go to the account number you designated. If the account number is no longer active, the IRS will send you a paper check. Under some circumstances you can prevent the payment from being automatically deposited.

If your regular refund has been deposited into your account via Direct Deposit and you contact the IRS before the week of April 13, the account information can be blocked to avoid the use of Direct Deposit for your Stimulus Payment. This will result in the issuance of a paper check that will be mailed to you.

However, if you contact the IRS on or after the week of April 13, the IRS will not have enough time to stop the Direct Deposit. In this situation, if you do not want your Stimulus Payment to go to the account listed on your tax return, you should contact your financial institution to discuss possible options. Finally, if the account number is no longer active, the IRS will send you a paper check. [Updated 4/4/08]"

I found all this info out at...http://www.irs.gov/newsroom/article/0,,id=179181,00.html

311782 tn?1222096145
wow i didnt even remember this money it came in the nick of time since my funds are low from baby shoppin and i cant work anymore now i have extra money to fall back on since the last 2 of my social are 65 i guess by may 9 my money will be in the bank if am not mistaken i cant wait to pamper myself with my hard earn money lol
377012 tn?1283965435
me and my mom got a paper in the mail but i didnt read it yet, she read hers but didnt tell me what it said, i guess i'll have to read it!.....haha
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