0
You filed your taxes Jan31st what does the fact that you elected to have the cost deducted from your refund have to do with your stimulus check being held up AND paper?
Wiki User
∙ 15y ago
When you have your fees deducted from the refund, the IRS sends the refund to the tax preparer's bank which deducts the fees and deposits the rest into your account. Since the IRS doesn't want to send the rebate to that account, they're issuing a check instead.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Will your stimulus check affect your tax refund?
No
You used H and R Block software to get your tax refund direct deposited can you still get your stimulus check direct deposited?
If your income tax refund was direct deposited, your stimulus check will also be direct deposited.
What if you haven't received your stimulus check on the designated date?
That depends. First, you have to be qualified. Second, your return has to have been processed by April 15. If both are true, the IRS can't do anything until it's been four weeks since the check was mailed. If you were expecting a direct deposit, it will be converted to a check if you had a refund loan or had fees deducted from the refund.
Is the economic stimulus check taxable?
No, the rebate check is an advance payment of a 2008 tax credit. The money is actually a portion of the refund or payment applied to the taxes you will file in 2009. Therefore as it is a refund check it is not taxable income.
How do you replace your stimulus check?
If you have made no effort to replace a lost 2009 Tax Refund check, I would guess you are out of luck.
Will the extra refund check be deducted from next year tax refund?
If you are talking about this years stimulus check, no. This is a gift from the government to help stimulate the economy.
You had your tax refund direct deposit to your rush card will your stimulus payment be direct deposit too?
Only if you didn't have a refund anticipation loan or had any fees deducted from your refund. If either was the case, you'd be getting a check instead.
Will your stimulus check affect your tax refund?
No
How to get a small business tax refund when no taxes were taken out?
You can't get a tax refund if no taxes were deducted for the year in question.
If you had your tax refund put on your emerald card how come I won't get the rebate on the card as well?
You will, assuming you didn't have any fees deducted from your refund or had a rapid refund loan.
Why is your stimulus money late?
First, the return needs to have been processed (not just received) by April 15. If you were expecting direct deposit and you had fees deducted from the refund or received a refund loan, you'll get a check instead.
Can overpayment unemployment debt be taken in tax refund?
Yes. Unreturned unemployment benefits overpayments may be deducted from your federal income tax refund.
You used H and R Block software to get your tax refund direct deposited can you still get your stimulus check direct deposited?
If your income tax refund was direct deposited, your stimulus check will also be direct deposited.
What kind of interest will be deducted from my tax refund if I get a tax refund advance?
There are several different ways to get your tax refund advance loan. It can be very quick and easy. Most all companies that provide tax refund loans will require you to do a efile tax return as a prerequisite to a tax refund advance. The intrest charged depends on a few factors but the most important is your credit history. Intrest can be 5% to 60% deducted if you chose to get an advance.
You owe 6000.00 in taxes from 2007 and will get a refund of 3500.00 this year will you get to keep the refund?
If you still owe that money, your refund will probably just get deducted off your taxes.Read more >> Options >>http://www.answers.com?initiator=FFANS
What if you haven't received your stimulus check on the designated date?
That depends. First, you have to be qualified. Second, your return has to have been processed by April 15. If both are true, the IRS can't do anything until it's been four weeks since the check was mailed. If you were expecting a direct deposit, it will be converted to a check if you had a refund loan or had fees deducted from the refund.
Do you have to claim a federal refund as income?
No. But you must claim any refunds of State & local taxes that you deducted in a prior year.
