The Tax Center

- Days left

Tax Tips: Why you might not have gotten your economic stimulus check yet

The Internal Revenue Service has put out some helpful tips for those who are still waiting to receive their economic stimulus checks. There are tons of reasons why you might not have gotten yours yet, and it's a safe bet that no one really knows how long it will take for you to get it.

But the IRS was kind enough to point out a few of the most common reasons why taxpayers haven't received their checks. See if you fall under one of these:
  • You filed your tax return more than once because you thought that would help. (No, it just makes things worse and delays your payment even more while the IRS figures out why you filed twice.)


  • You listed an incorrect amount of income. (Some taxpayers stated their monthly income on their tax returns, while the economic stimulus payments are based on your annual income.)
  • You owe money. (If you owed and didn't pay, that money will get taken out of your check, but will also likely delay the issuance of that check.)
  • You filed an amended return. (It's going to take the IRS some time to process that amended return.)
  • You didn't notify the IRS of your current address. (It's the taxpayer's responsibility to keep their address updated.)
If you're still wondering why you didn't receive a check, the IRS website has a "Where's My Economic Stimulus Payment?" tool that you can use. Be prepared to enter your Social Security number and some information from your tax return. And if you're still confused? Call the IRS.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.

Learn about investing from the comfort of your own home.

Portfolio Basics

Take the first steps to building your portfolio.

View Course »

Investment Strategies

Learn the strategies you need to build a winning portfolio

View Course »

TurboTax Articles

What to Do After You've Filed an Income Tax Extension

Now that you've bought six extra months by filing an income tax extension, you might be wondering what you need to do between now and October 15, 2013 when your 2012 tax return is due. We've addressed some of the most common questions below. Brought to you by TurboTax.com

Can't File by the Deadline? Top 3 Reasons to File a Tax Extension

The Internal Revenue Service allows taxpayers to file for a six-month extension if they need more time to prepare their tax return. You can obtain a tax extension for any reason; the IRS grants them automatically as long as you complete the proper form on time. Check your state tax laws; some states accept IRS extensions while others require you to file a separate state extension form. Brought to you by TurboTax.com

Tax Return Filing and Payment Extensions for the Military

The Internal Revenue Service recognizes the fact that members of the United States armed forces are often deployed outside of the U.S. at tax time and gives many military and support personnel an extension on their tax deadlines. Brought to you by TurboTax.com

What Are Deductible Investment Interest Expenses?

In general, you can deduct interest paid on money you borrow to invest, although there are restrictions on how much you can deduct and which investments actually qualify you for the deduction. Brought to you by TurboTax.com

Add a Comment

*0 / 3000 Character Maximum