What decides if you get your stimulus money via check or direct deposit?
Monday, March 8, 2010 10:16Posted in category 2009 Stimulus Check
When I did my taxes, I owed the IRS money, so I had them pull the money out ACH from my bank account. Does this mean they will deposit my stimulus check direct deposit into that same account?
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Annie says:
March 8th, 2010 at 11:07 am
Yes, exactly. If you wrote a check, they send a check. If you used bank account and routing number, that is how it comes back.
This is the schedule as well-
Last two SSN digits: Payments will be transmitted no later than:
00 through 20 May 2
21 through 75 May 9
76 through 99 May 16
SCH says:
March 8th, 2010 at 11:25 am
Actually Annie is completly and totally wrong…the IRS answers this exact question on their site:
Q. I chose direct debit to pay my tax bill. Will my Stimulus Payment be direct deposited to the same account?
A. No, the account information used for an incoming Direct Debit payment to the IRS cannot be used as the account information for the Direct Deposit of the stimulus payment. People who choose Direct Debit to pay a balance due will receive their stimulus payments by paper check through the mail.