Please post here when you receive your stimulus check..

[bbodb1]

It might be insightful to see if a pattern can be discerned....
State and date received please.
Also, what (generally speaking of course) are you doing with the money? Pay a bill? Invest it?

 

[dioxide45]

DW already spent some of it and we don't even have it yet. I think they said they would start direct deposits the week of the 13th. I just e-filed our 2019 federal returns, though our 2018 would have still had us qualifying. We will probably toss a $2000 of it in savings and spend what is now left of the rest.

 

[b2bailey]

I've read the first batch may arrive in accounts by this weekend. Those would be people who filed 2018 or 2019 tax return and have EFT info on file (so must have had a refund). I'm not expecting to be in that group because I owed money and didn't enter bank account info.

I'm expecting to be in the next batch of direct deposits -- people who receive social security by direct deposit.

So, here's what I am wondering. How will they know those people receiving social security who have already received a check. Or perhaps the batch from IRS will sort out any returns who included social security income?

 

[dioxide45]

I've read the first batch may arrive in accounts by this weekend. Those would be people who filed 2018 or 2019 tax return and have EFT info on file (so must have had a refund). I'm not expecting to be in that group because I owed money and didn't enter bank account info.

I'm expecting to be in the next batch of direct deposits -- people who receive social security by direct deposit.

So, here's what I am wondering. How will they know those people receiving social security who have already received a check. Or perhaps the batch from IRS will sort out any returns who included social security income?

I suspect they will reconcile the second batch to the first. If you received a check in the first batch, they will remove you from the second if you also fell in to that batch.

 

[SmithOp]

I just spent about 25% on a brake job for our car, 50k miles and brake pads were down to 4 mm.

Refund by DD, expect to be in the first wave, I efiled Feb 1st.


Sent from my iPad using Tapatalk Pro

 

[WVBaker]

Americans could start receiving stimulus checks starting on April 9

Millions of taxpayers will begin receiving the extra money to pay rent, groceries and other bills next week, or possibly as early as Thursday or Friday, some say.

The first group also would include Social Security beneficiaries who filed federal tax returns that included direct deposit information, according to an alert put out today by U.S. Rep. Debbie Dingell, D-Mich. Dingell's announcement said the expectation is that the first direct deposits would hit in mid-April, likely the week beginning April 13.

Here's something you need to know: "For security reasons, the IRS plans to mail a letter about the economic impact payment to the taxpayer’s last known address within 15 days after the payment is paid. The letter will provide information on how the payment was made and how to report any failure to receive the payment. If a taxpayer is unsure, they’re receiving a legitimate letter, the IRS urges taxpayers to visit IRS.gov first to protect against scam artists."

Americans could start receiving stimulus checks starting on April 9

Stimulus checks to arrive by April 15 for millions of taxpayers. A new portal where some can supply direct deposit information could be out next week.

www.usatoday.com

 

[amycurl]

If you don't "need" it (and it seems like many TUGgers don't,) may I recommend that you consider donating it to one of your local nonprofits, which will put it to immediate use in your local community, supporting those that are not only immediately impacted, but their own employees that are on the front lines every day as well? I just heard a story from our local senior services org that someone dropped off their $1,200 in cash....and made the entire org's day. Nonprofits are shifting their service delivery and business model in a whirlwind, while still providing essential services in a way that tries to keep everyone as safe as possible. They are all stepping up as best they can, and every little bit will help determine if they are around on the backend of this thing.

 

[Luanne]

Not going to be getting one.

 

[TravelTime]

We are not getting one.

 

[Brett]

If you don't "need" it (and it seems like many TUGgers don't,) may I recommend that you consider donating it to one of your local nonprofits, which will put it to immediate use in your local community, supporting those that are not only immediately impacted, but their own employees that are on the front lines every day as well? I just heard a story from our local senior services org that someone dropped off their $1,200 in cash....and made the entire org's day. Nonprofits are shifting their service delivery and business model in a whirlwind, while still providing essential services in a way that tries to keep everyone as safe as possible. They are all stepping up as best they can, and every little bit will help determine if they are around on the backend of this thing.

That's a good idea (and it could be tax deductible)
I wish there was a relief check for the big drop in my stock brokerage account

 

[Talent312]

We'll donate it to my SS who's job managing a restaurant went poof.
No telling if or when his job will be back.
.

 

[WVBaker]

There’s a provision in the $2 trillion stimulus package signed into law last week that lets non-itemizers take up to a $300 above-the-line charitable income tax deduction for cash donations made in 2020. For those who take the standard deduction, this means that if you give $300 to charity, you’d get the $300 tax break in addition to the standard deduction ($12,400 for individuals and $24,800 for married couples filing jointly). It’s good news for both givers and charities—which need every penny they can get during the crisis.

12 Ways To Donate Your $1,200 Stimulus Check To Help Fight The Coronavirus

If you don’t need the money, here’s how you can help.

www.forbes.com

 

[PigsDad]

None for us.

Kurt

 

[JohnPaul]

We plan to spread half of it among various arts organizations.

 

[WVBaker]

"We, too, born to freedom, and believing in freedom, are willing to fight to maintain freedom. We, and all others who believe as deeply as we do, would rather die on our feet than live on our knees."
Franklin D. Roosevelt

Donate to Veterans | Wounded Warrior Project

Your generous donation to WWP will help support injured veterans and their families. Learn how you can honor a warrior today by donating to veterans.

www.woundedwarriorproject.org

 

[sue1947]

There are lots of wonderful charities out there. However, I challenge each of you to spend this money on your local small business that had to close. Buy meals at a restaurant and deliver to hospital/fire station etc. Pay the amount you would have normally paid to whichever business you frequent; the person who cuts/colors your hair, cleans your house, the bookstore you stop at etc. Help keep those businesses afloat.

Sue

 

[Luanne]

There are lots of wonderful charities out there. However, I challenge each of you to spend this money on your local small business that had to close. Buy meals at a restaurant and deliver to hospital/fire station etc. Pay the amount you would have normally paid to whichever business you frequent; the person who cuts/colors your hair, cleans your house, the bookstore you stop at etc. Help keep those businesses afloat.

Sue

I donated to our local food bank and I've bought gift certificates for places where I get services like facials and massages. Although it's not local I even bought a gift certificate from Pacific Whale Foundation to use for future whale watches. We also outright paid the folks who do our housecleaning.

 

[bbodb1]

Just read a story on CNBC suggesting stimulus deposits have started....

 

[WinniWoman]

I still didn't even get my NYS tax refund yet!

 

[Luanne]

I still didn't even get my NYS tax refund yet!

We haven't even filed. With the extension to July 15 we told our accountant there was no rush. Most likely we will have to pay.

And with the IRS being responsible for both the stimulus checks and refunds, good luck.

 

[dsmrp]

We won't get one, but DS should.
He only just filed his tax return last weekend tho', so doubt he'll get it soon. He wouldn't qualify base d on 2018 return cause he had no income that year.

 

[SusanRN]

Stimulus check was "pending deposit" in my checking account 4/10 (Friday) at 11PM. I expect it to credit on Monday 4/13. I e-filed February 4th with my bank account listed for refund. Putting small amount in savings, most to bills I've run up during SAH for buying-in-advance (mini-hoarding) and getting curbside pick-up!
Susan

 

[b2bailey]

Stimulus check was "pending deposit" in my checking account 4/10 (Friday) at 11PM. I expect it to credit on Monday 4/13. I e-filed February 4th with my bank account listed for refund. Putting small amount in savings, most to bills I've run up during SAH for buying-in-advance (mini-hoarding) and getting curbside pick-up!
Susan

Winner, winner chicken dinner!!!

 

[pedro47]

I am going to pay off my Costco credit ard for paying all that TP and Lysol Wipes
. LOL

No, I am going to give it to some needed health care organizations or the local food bank .

 

[WinniWoman]

If and when we do get ours we are giving it to our son who got laid off.

He will get one also but who knows when because ironically he was not able to get his tax refund via direct deposit this year for the first time due to some crazy glitch in Tax Act.

So his will be paper unless he is able to use the IRS portal to put in his information when it is up and running. He might be better off leaving well enough alone and just waiting for the check in the mail.