IRS rebate refund?
Jeannette10 
05-13-2008, 4:50 PM | Post #2517492 |  35 Replies

I am not sure if this is the right board to post this topic but I figured retirees might have more time to respond :-)

I am wondering why I have not received my refund yet. I did my taxes on TurboTax and filed them by March 9th. It said we were eligible for a refund. I asked for direct deposit and gave my bank routing number.

Based on my ss#,  I was supposed to get the refund on May 9th.

Does anyone here know if the IRS is late in sending refunds via direct deposit?

Should I be concerned and try to find out why the refund has not been sent or should I be more patient (difficult for me to be patient) ?

Anyone else experiencing any delays in getting their rebate ? I did check irs.gov but all it says is that my refund should have been deposited no later than May 9th.

Thanks for any input or recommendations you may have.

Jeannette 

35 Replies
Re: IRS rebate refund?
05-13-2008, 5:09 PM | Post #2517498
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I did read an article that indicated that some checks went into the wrong accounts.  I know I received mine almost two weeks ago.
Re: IRS rebate refund?
05-13-2008, 5:21 PM | Post #2517503
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I recently received notification from the IRS that the money...refund...would be direct deposited May 9.  Like you so far I've received nothing.  In the notice it gives a phone number to call if you havent received the funds in six weeks.  Do you need the phone number to call?

Jeannie

 

Re: IRS rebate refund?
05-13-2008, 7:55 PM | Post #2517541
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If you use Turbo Tax, doesn't your year-end refund typically clear through their financial institution (i.e. the direct deposit doesn't show as being from the US Treasury)?  A colleague at work mentioned this and suggested that his rebate would probably take a little longer since it has to clear through that channel.  I don't know how true this may be, and it's definitely worth a call to the IRS #.  Good luck!
Re: IRS rebate refund?
05-13-2008, 8:12 PM | Post #2517549
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hmmm

I never received a written notice from the IRS regarding my rebate. Are we supposed to get something in the mail before the rebate is electronically deposited in my checking account?

I have tried to call the IRS. Too many calls. They are not answering.

I am going on vacation in 2 weeks. It would nice to have that extra money. 

Jeannette 

Re: IRS rebate refund?
05-13-2008, 8:13 PM | Post #2517551
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Jeannie
do you mind giving me the phone number on your notice? It may be different from the general IRS phone number I called.
Thank you
 
Re: IRS rebate refund?
05-13-2008, 10:06 PM | Post #2517614
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[quote user="Jeannette10"]

I never received a written notice from the IRS regarding my rebate. Are we supposed to get something in the mail before the rebate is electronically deposited in my checking account?

[/quote]

My mail notice did not arrive until after the electronic deposit.

Re: IRS rebate refund?
05-14-2008, 8:38 AM | Post #2517693
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Jeannette,

You can go to the IRS website and follow the links to check on your rebate status as well.  Sorry I don't have the number handy off my notice. 

 Good luck,

Jim 

Re: IRS rebate refund?
05-14-2008, 8:45 AM | Post #2517694
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My wife was able to dig up our refund notice.  Here's the phone # off the notice: 

(866) 234-2942

Re: IRS rebate refund?
05-14-2008, 10:44 AM | Post #2517738
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Jim

Thank you. That is the number I called last night and they don't have any information. I did the same thing on line with my ss#, number of exemptions and they say they have no information available.

 On the schedule for the bank deposit dates, it says that the rebate would be transfered NO LATER than May 9th (based on my ss#). However, the fine print says that it could be 2 weeks before it shows up in my account.

If it's an electronic transfer/depost, WHY should it take 2 weeks?

This is maddening.

Jeannette 

Re: IRS rebate refund?
05-14-2008, 11:16 AM | Post #2517751
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I just checked again and it says "no current information is available".

It gives the same schedule for direct deposit with the following notice:

"Please allow 2 weeks from the date shown on the schedule to receive your payment."

So I guess I'll wait 2 more weeks from May 9th.

Impatient Jeannette 

 

Re: IRS rebate refund?
05-14-2008, 12:29 PM | Post #2517772
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It's not clear if you're referring to 2007 tax year rebate or the 2008 stimulus check.  If 2007 rebate, this IRS website was accurate for me:

 https://sa2.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp

Re: IRS rebate refund?
05-14-2008, 2:10 PM | Post #2517796
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Philly

sorry, I was talking about the 2008 stimulus check. Should be $1200. 

Re: IRS rebate refund?
05-14-2008, 6:19 PM | Post #2517867
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I filed my 2007 Federal schedule using TurboTax. Received my refund within 2 weeks (back in February). Received our $1200 (no action required - direct deposit as was the TT/Federal) to my bank account. This was done on May 4th, with an accounting day of May 5th (of course, by May 6th, it was spent!)

- Ron

Re: IRS rebate refund?
05-15-2008, 12:03 PM | Post #2518103
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Lucky you, Ron !

I wanted to verify the bank account number that I gave to TurboTax to make sure it was correct.

I emailed TurboTax and was told that my number is not available and to call the IRS...LOL 

I guess TurboTax keeps track of everything EXCEPT my bank account number! 

Re: IRS rebate refund?
05-15-2008, 12:14 PM | Post #2518106
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I have been wondering the same thing. I received my 2007 refund back in February via direct deposit by using Turbo Tax. I checked the IRS Stimulus Payment website and it stated that I was to receive my refund May 9th just like the rest of you....I still do not have it. I checked again today and there isn't any additional news.

I am starting to wonder what is going on. Especially since I have talked to a few others who are experiencing the same thing. 

 

Re: IRS rebate refund?
05-15-2008, 12:48 PM | Post #2518121
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Delerium

If you look carefully at the schedule for the stimulus checks for direct deposit, it says something about waiting 2 weeks from the date your check will be deposited. So, mine was due May 9th. This means I could receive it May 23rd. 

So much for instant direct deposit :-)

Jeannette 

Re: IRS rebate refund?
05-15-2008, 12:55 PM | Post #2518124
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Jeannette,

I filed using TurboTax and my return was accepted before April 15th. My small tax stimulus rebate showed up in my bank account May 9th as promised. The most common cause for delay appears to be errors in routing and account numbers on returns.
Bobbi

Re: IRS rebate refund?
05-15-2008, 1:23 PM | Post #2518131
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Jeannette,

I saw the 2 week statement too. Gotta love the fine print ;)  Has anyone considered what state they live in? Maybe some states are being issued sooner than others. I live in California. Maybe that has something to do with it. LOL

Needless to say, I won't be holding my breath. It would of been nice to have it on the 9th.
 

Re: IRS rebate refund?
05-15-2008, 1:30 PM | Post #2518136
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Delerium

I live in California too. That must be the reason :-)
Jeannette

Re: IRS rebate refund?
05-15-2008, 1:33 PM | Post #2518137
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A couple of things you may want to check.  You should compare the account number and routing number on your copy of your tax return with one of your checks.   The numbers must be from a check, not a deposit slip, since the numbers on deposit slips are not the same as on a check.  If the numbers on your return are not the same as the numbers on your checks, you will want to contact the IRS.

If had taxes due when when you filed your tax return, the economic stimulus payment will not be paid electronically.  You will  be mailed a check  based on the last two digits of your SSN (assuming any taxes due have  been paid). 

EO        

 

Re: IRS rebate refund?
05-15-2008, 1:44 PM | Post #2518139
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EO,

I have checked to make sure my account information is accurate. That doesn't seem to be the issue. I  filed my taxes in February and received my tax return a few days later. It was deposited into my account with no issues. 

 

Re: IRS rebate refund?
05-15-2008, 2:54 PM | Post #2518161
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EO, I owed a lot and still got my meager rebate on 5/9 so that doesn't seem to be an issue.

Jeannette, What does your return say about your rebate? Take a look at the last section of your "Carry-Over Worksheet".
Bobbi

Re: IRS rebate refund?
05-15-2008, 4:05 PM | Post #2518187
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Bobbi

I checked TurboTax again. It says "congratulations...you are entitled to a $1200 rebate".

I took my bank routing number from one of my regular checks. (not a deposit slip)

I really doubt that I made a mistake.

All I can do is wait. We're going on vacation on 5-26 for one month. Hopefully, I'll get the check before that date.

Jeannette 

Re: IRS rebate refund?
05-16-2008, 7:13 AM | Post #2518426
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That's probably it!

Since I'm on the east coast (closest to DC ;-)  I guess we got "first dibs" at the refund "pot".

Rumor is that the west coast will get theirs sometime next year (ha!)

- Ron 

 

HERE IS AN ANSWER WHY...
05-16-2008, 11:07 AM | Post #2518523
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In today's USA Today there is an article titled "Some tax rebates run into obstacles", by Sandra Block. http://www.usatoday.com/money/perfi/taxes/2008-05-15-tax-rebates-where_N.htm

It shows why many of you are not getting your rebates deposited and will have to wait to get checks later.

 Here is just one example:   "•Taxpayers who applied for refund-anticipation loans or who had their e-filing fees deducted from their refunds (such as with TurboTax) won't receive their rebates by direct deposit, even if their regular tax refunds were delivered that way. Through April 17, more than 20 million taxpayers applied for such loans or had fees deducted from their refunds, according to IRS data.  

Read it and you might find out why you have not received yours.

Jim

Re: HERE IS AN ANSWER WHY...
05-16-2008, 2:03 PM | Post #2518588
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Jim

I had read all the reasons listed in the article previously. I do not fall in any of their categories. I paid my TT fees with my visa card. 

I am learning patience :-) 

Jeannette 

Re: HERE IS AN ANSWER WHY...
05-16-2008, 3:55 PM | Post #2518617
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Jeannette,

I just received an email from Turbo Tax. The funny thing is though that I received no notice from the IRS in the mail nor did I have my return mailed to me. It was deposited directly into my checking account. I guess I am now getting my IRS refund in the mail. What a joke!

Here is what they said to me:

Dear Valued Customer,
 
We want to provide you with the most up–to–date information about the tax rebate to which you may be entitled.
 
Recently, you may have received a letter from the IRS advising you when to expect your Economic Stimulus Payment (rebate). That IRS letter may have inadvertently left off some important information. Taxpayers who chose to have their tax preparation fees deducted from their federal tax refund will receive their tax rebate in the mail, not via direct deposit.
 
Our records show that you chose this payment option in TurboTax. As a result, the IRS has determined that you will receive your tax rebate in the mail. This may result in you receiving your rebate on a date later than expected.
 
This situation, while not unique to TurboTax, is understandably causing some concern and confusion. To help further clarify the situation, below is the most current IRS rebate payment processing schedule, as well as additional resources about the tax rebates.
 
I hope you find this information helpful. If you still have questions, the best source for the most up-to-date information is www.irs.gov (see the "Rebate Payment Questions" link).
 
Sincerely,

Bob Meighan

Vice President, TurboTax Customer Advocacy
 
 

    If the last two digits
of your Social Security
number are:
    Payments will be
mailed no later than:
   
    00 – 09     May 16    
    10 – 18     May 23    
    19 – 25     May 30    
    26 – 38     June 6    
    39 – 51     June 13    
    52 – 63     June 20    
    64 – 75     June 27    
    76 – 87     July 4    
    88 – 99     July 11    
 
Other sources for current information on the rebate program are.

  •   http://www.irs.gov/newsroom/article/0,,id=182734,00.html
  •   http://www.irs.gov/newsroom/article/0,,id=182735,00.html
 
For more information on TurboTax and rebates, please visit http://turbotax.intuit.com/support/kb/tax-content/tax-tips/6255.html

 

Re: HERE IS AN ANSWER WHY...
05-16-2008, 7:45 PM | Post #2518707
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Delerium

I am confused. Did you have your TT fees taken out of your stimulus rebate? That would explain why it's being sent by mail. 

Jeannette 

Re: HERE IS AN ANSWER WHY...
05-16-2008, 7:54 PM | Post #2518709
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Jeannette,

I am just as confused as you are. I did not have my fees taken out nor did I receive anything in the mail from the IRS. Something doesn't seem right.

Re: HERE IS AN ANSWER WHY...
05-16-2008, 7:55 PM | Post #2518710
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Delerium

If my stimulus rebate is being sent via mail, I won't get mine until June 27th !! So much for submitting my taxes in early March...

I am not happy. There is no reason from what I've read on all the IRS websites why mine should not be sent via direct deposit. 

Jeannette 

Re: IRS rebate refund?
05-18-2008, 3:38 PM | Post #2519261
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Now I am totally confused. I checked the IRS website in regards to my stimulus payment which was due on May 9th.

Here is what I am getting after I entered my SS#, filing jointly and my number o exemptions::

" Your total Stimulus payment was calculated as $1,200.00 and consists of the following:

  • Basic Amount: $1,200.00.
  • Qualifying Child Amount: $0.00 (Based on 0 qualifying children).

Your payment of $708.35 is scheduled to be deposited to your bank on May 23, 2008"

 why am I getting only $708.35 when it should be $1200 ???

Mystified Jeannette
 

Re: IRS rebate refund?
05-18-2008, 6:49 PM | Post #2519325
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They reduce the amount by any outstanding tax liability you have.  Also, if you're in the 25% bracket, you may not have made enough to qualify for the full $1,200--they don't count dividends, cap gains, IRA retirement income, and various other categories.  See the IRS website: http://www.irs.gov

 

CH 

Re: IRS rebate refund?
05-18-2008, 7:52 PM | Post #2519335
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Based on the IRS own calculation tools, I am entitled to the full $1200.

Now I did owe $483 which I paid before April 15th. The IRS cashed the check,

So, I don't know what the problem is. I am waiting for my letter of explanation :-)

Jeannette 

You answered your own question
05-18-2008, 9:46 PM | Post #2519369
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Jeannette10 --

 

You answered your own question.  The IRS was clearly subtracting the amount you owed in April from the $1200.  The small difference could be a small computational disagreement or an interest / penalty charge regarding the April payment you made.

 

Why don't you cool your jets until the deposit hits your account this coming Friday.  It's possible that you'll still get the full $1,200 if their computer updates its figures to reflect your recent payment.

 

If not, the $1,200 refund is actually an advance on a $1,200 credit you'll be entitled to on next year's 1040.  If you don't get the full rebate this year, you should get credit for the difference on next year's return.  Or, the IRS may send you a tax refund check in the next few weeks since you've now "overpaid" your taxes.

Re: IRS rebate refund?
05-21-2008, 5:19 PM | Post #2520408
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Well, Just got mine and alittle More...They even gave me For being Married ( double $) but I've been a Widower for over 10 yrs !  LOL

I got mine via a Check..Not Direct Deposit..

Allowed me to go Upgrade to a bigger HD TV from a 42 to a 47"  and 1080 with DVD and Theatre sound system...

Won't be able to afford the CABLE Bill, but looks nice in the "entertainment " room..

and since it's worth $600 to Married couples? and $300 for each Child?

The Polygamist in Utah are Making out ok on this deal..LOL