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Do I have to refund a deposit on a deal gone bad?
A deposit may be either refundable or nonrefundable, depending on the wording used in the contract. Read the contract, if it states that the deposit is nonrefundable then you won't refund it. Otherwise you will likely have to refund the deposit, as the absence of a nonrefundability clause is usually taken to imply that the deposit was refundable. If there was no written contract it might just be best to refund it to avoid an argument and remember to use a written contract with an explicit nonrefundability clause in it next time if you want to avoid refunding the deposit.
What is a refund?
A split refund allows you divide your refund, in almost any proportion you would like, and direct deposit the funds into as much as three different accounts with U.S. banking institutions. Use Form 8888, Allocation of Refund, to request to possess your refund split.
What is a split refund?
A split refund allows you divide your refund, in almost any proportion you would like, and direct deposit the funds into as much as three different accounts with U.S. banking institutions. Use Form 8888, Allocation of Refund, to request to possess your refund split.
What bank does TurboTax use for refunds?
TurboTax uses Bank of America for the deposit of tax refunds. Your tax refund is deposited in a Bank of America account and then transferred to your personal account.
How can you use refund in a sentence?
You might receive a tax refund.
If you file your taxes through H and R Block how long will it take to get your refund?
If you filed your taxes through H&R Block then you can use the IRS website to see when you will get your refund. It usually takes 14-21 days to get a direct deposit and a little longer for a check to be mailed. Go to irs.gov/Refunds and follow the links to the "Where's My Refund" section to get your information.
What happens when you get a Rapid Refund from say HR Block. Is that classified as a direct deposit or a check-by-mail?
HR Block will first lend you an amount equal to your anticipated refund minus fees. It will give you this loan in the form of a check or a prepaid debit card. You will sign a piece of paper authorizing HR Block (or its bank) to open a bank account in your name and you will give them power of attorney to make withdrawals from the bank account. HR Block will put down on your tax return that you want your refund direct deposited into the bank account that you just authorized them to open. The IRS will direct deposit your refund into the bank account. HR Block (or its bank) will then immediately withdraw your refund from the bank account and use the money to repay the loan they gave you earlier. If, for any reason, the IRS does not direct deposit your refund into the bank account or deposits less than expected, then HR Block (or its bank) will pursue you directly to repay the loan.
What are the advantage of the electronic voting machines?
The biggest disadvantage of electronic voting machines is the risk of security breach since it could be hacked by outsiders. There are many advantages including convenience, it is quick, and easy to use.
What can you search an electronic catalog by?
You can use keywords to search an electronic catalog. Some catalogs include a power search feature and quick search feature. Depending on the catalog, you can search by author, title, or subject.
How can you use word refund in a sentence?
You might receive a tax refund.
What does a bank do?
In basic terms a Bank accepts money for deposit - paying interest for the use of people or companies money - protecting it and then turns around and lends that money out charging a fee and/or interest for the use of loaned money.Today banks facilitate transactions, such as direct deposit or purchases through electronic means.
Free Income Tax Filing?
By going online, the IRS offers you free income tax filing. You must have your W-2 and other forms available. From your tax rate last year, you calculate your adjusted gross income. If your AGI is $58,000 or less, you can use the free file tax software offered by the IRS. Transmitting your form to the IRS in the electronic manner may not only save paperwork, but it may also get your refund to you in a quick manner. If you owe the IRS money, there are many electronic ways you can use to pay them.
