did any one recive there derict deposit yet today? none here yet and there not doing them on thursdays

Got ours today!

in the bank or paper caheck?

WASHINGTON — Economic stimulus payments directly deposited into IRAs and other tax-favored accounts may be withdrawn tax-free and penalty-free, the Internal Revenue Service announced today.

This relief is designed to help taxpayers who may have been unaware that by choosing direct deposit for their entire regular tax refund, they were also choosing to have their stimulus payment directly deposited as well. If a taxpayer elected a split refund, however, their stimulus payment will be paid by a paper check.

This relief is available for amounts withdrawn from these tax-favored accounts that are less than or equal to a taxpayer’s directly deposited stimulus payment.

To qualify for this relief, funds must be taken out by April 15, 2009, in most cases. Without this relief, taxes, penalties and other special rules would apply to amounts removed from these accounts. Regular refunds are not eligible for this relief.

Eligible tax-favored accounts include traditional and Roth IRAs, health savings accounts (HSAs), Archer MSAs, Coverdell education savings accounts (ESAs) and qualified tuition programs, also known as QTPs or 529 plans. Thus, for example, a taxpayer whose $1,200 stimulus payment is directly deposited into his or her IRA can take out anywhere up to $1,200 from the IRA, tax-free and penalty-free.

In general, the deadline for these withdrawals is the due date or extended due date for filing a 2008 return. This means April 15, 2009, for most taxpayers, or Oct. 15, 2009, for those who obtain tax-filing extensions

Didn't get ours yet. I thought it was just supposed to be the ones that they mailed that went out by the last two social security numbers, but they say it is the direct deposit ones too! I checked every day so far. I am hoping it comes next week for sure. Checking account is way down because of hubby's doctor bills, and I have another large bill coming due that It would help with.

DH SSN is in the first batch and we were scheduled for May 2nd and I havent seen it yet sure could use it with him out of work I would love to use it for maybe paying COBRA ins for him to get his surgery. Hospital wants a $7,000 deposit from us !!! Thats 3/4 of what I get from SSDI in a year !!

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

Am I being greedy? We are not getting our full economic stimilus amount because we have a high tax credit. We have a high tax credit because of an adoption credit we received this year. The adoption credit is suppose to help offset the cost of adoption. Although the credit helped, the adoption was much more expensive. We are getting penalized because of this adoption credit. We do not have a high income. We could really use the full stimilus refund amount. Who can I talk to about it? Should I let it go because at least it's something?

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Tracey

I so know what you mean. We aren't getting the full (for a couple with 2 kids) amount either. We own a business so our taxes are filed together (personal/business). It's knocking us out of $600. Believe me, we don't have a high income either. I guess that's just how the ball rolls. It could be worse and not recieve anything I guess, so I'll just be thankful for what we are getting.

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I got mine direct deposit.
Cheap - are you sure you're not getting the whole amount because of a tax credit? We hardly pay any taxes because of the child tax credit, and we got our full amount, I believe it's what is owed the IRS before the credits come in to play. I don't know, maybe that's something you can check out.

has anyone gotten their check and its an odd amount? I have a pending deposit to my account and can't see who it's from yet but instead of a nice even number its with like $**26.80

well just answered my own question with the link in another post, it is the tax check, wonder how they determined the 26.80 part.

For those that did get theirs, did you use the formula on the IRS sight to see what you will get?? And, if so, was it correct??

thanks

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Doing the right thing isn't always the same as doing the easy thing.

we're in the same boat MyTime, we own a business and it's knocking us out of $600 too

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Brenda

GO #24 JEFF GORDON

Got mine today direct deposit! Yayy!

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Kristee
Kritter0114@aol.com

"Hold on, let me check....YES! I do have a coupon for that!"

We got ours today! Whoo hoo!

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Amy
Mom to Lauren, Eryn, Naysa
and announcing......
Gavin Michael Chase, 9 lbs 10 ozs
and 21 3/4 inches long on 10/13/09!

Got ours today - a week earlier than expected!

Who-Hooo its in the account !!! Yippee gonna go grocery shopping I think !

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~ Christine ~
Grammie to Trinity Lorayne Jean Keens Born June 9, 2011 Loving my awesome guitar picking 100% Country Boy boyfriend Kenny !
RIP Daddy~ 01/24/1930-06/01/2007 I miss you !
Dont Think you Can .. know you can ~ Jeff Hardy

my mother got hers today d d in bank so some might want to check theres today

We got ours sometime in the last two days, I dont really know when.

It was a round amount, no change.


Hubbys ss ends in 47, hope this helps.

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Sell crazy some place else, we are all stocked up here.

I believe we are supposed to get ours today DD. Anyone with last 2 ss numbers 75 or below should get them today I was told.Of course tahts Only for Direct depositors. I have checked the bank site a few times and nothing yet..Of course its only 6:41 am. LOL! I will probably check periodically throughout the day.

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I won't see mine until 6-12 weeks have passed since I had to amend my return!

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We're off to never never land

Got ours today. DD same as our tax refund. Exactly as expected..

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If you really want something in this life, you have to work for it. Now, quiet! The're about to announce the lottery numbers... - Homer Simpson

Got mine today too direct deposit.

Got ours on the 9th too, via direct deposit...WOO HOO!!

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Received ours via direct deposit shortly after midnight on the 9th - but borrowed more last week to have a new Central Heat/Air unit put in - *almost* a necessity in Tennessee for those of us with asthma and allergies. So thanks Uncle Sam , but it's already gone.

We got ours on Friday - ours was prorated and had change, not an even number. Welcome, though, extra money for doing nothing!

Lisa

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"It's not having what you want,
It's wanting what you've got"

any one recive there paper check yet??? they were supost to start 00/09 on the 9th

Mine should've been a direct deposit, but I still don't have it. Anyone else???

I am getting my supposedly on the 16th- Mine is an even amount- no change (according to the website)

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AKA: Airbornearmywife

My direct deposit went in 5/12. SS # 96

We still haven't gotten ours. I can't figure out why. Anyone else out there?

YAY!!! Christmas in May!!

Got mine today (16th), direct deposited.

We got ours Friday (16th) at midnight. DH's SS ends in 92.

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