I have been reading different message boards and i am confused!!!!! Heres the question if i used taxact.com to file my taxes and had the fee to use taxact deducted from my tax refund do i have to wait for a paper check for the tax rebate? Its seems there are 100 different answers to this question when it should be a simple yes or no, if anyone out there knows this answer could you please tell me? Im suppose be getting my rebate tomorrow the 9th and when i check the wheres my rebate on the irs website its saying now info avail...
thanks for you time reading this and hopefully having the answer
pco7@aol.com, if you have the correct answer can you please email me, and yes i do have DD threw taxact
b\By having the fees deducted you used a bank product this means you will have a paper check mailed to you. I have answered this question at least a hundred times.
You will also pay a bank account fee for this service. Since you asked for direct deposit, you should receive a direct deposit to your bank account. The IRS deposit will be routed to TaxCut's bank, the bank will withhold the TaxCut fee and the bank fees, and then deposit the remainder to your bank account. Unless, the bank or IRS has to collect some moeny from you or addjust your refund. If you owe any funds to any Refund Anticipation Loan or Refund Account Check bank, then thosw funds will also be deducted and the balance deposited. If the IRS is collecting any funds or changes your refund, then you will get a check from the IRS, a seperate letter of explination, and you will have to pay TacCut for the filing.
2.) Check the IRS information on rebates and also their Where's My Rebate? section for general and specific information.
3.) If you used a bank product (not directly into your own account via direct deposit but a detour through another bank to pay your fee), you will receive a paper check rebate on the paper check rebate schedule which is later than the direct deposit rebate schedule. Schedules are also on the IRS web site.
4.) The IRS will mail you a letter with specifics of how your rebate was calculated and when you will receive it. Cool down. Read the instructions.