Engine Updated Block
Engine Updated Block
H&R Block Emeral Card && 2008 Stimulus Rebate Debate! =]?
Okay, So. I like many others have been scouring google and other search engines for the answer to the million dollar question.
"If I got an Emerald Card from H&R Block,Will I get my money on it, Or in paper form?"
I stumbled across this tonight :
"Q. I chose to have my tax refund deposited onto a "stored value card" or debit card through the professional tax preparer I used. Will my stimulus payment be directly deposited onto that same stored value card or debit card account?
A. Yes, unless you requested a refund anticipation loan (RAL) through your tax professional, or the stored value card or debit card account has been closed, in which case you will receive your economic stimulus payment by paper check. [Updated 4/30/08]"
Taken from this website :
http://www.irs.gov/newsroom/article/0,,id=181997,00.html
I also stumbled upon this, and thought others might like to know about it -
https://sa2.www4.irs.gov/irfof/IRServlet?app=IRACTC
=]. Enjoy.
If you had your taxes prepared at an H&R Block tax office and had your federal tax refund put on the Emerald Card, you WILL receive a Direct Deposit of the Tax Rebate Payment on the Emerald Card account.
Tax Rebate payments will be Direct Deposited for all eligible taxpayers beginning April 28, 2008, four days earlier than originally scheduled. Direct Deposit are based on the last two digits of your Social Security Number. For joint returns, it's the first Social Security Number listed on the 2007 federal return.
For Social Security Numbers ending in:
00 - 20 First wave of Direct Deposits sent to banks Starting April 28
21 - 75 Second wave of Direct Deposits
76 - 99 Third wave of Direct Deposits
When The Answer is No
The Emerald Card will not be considered a viable account for Direct Deposit IF you received a bank product that involved a temporary bank account with the Card. Bank products include Refund Anticipation Loans, Refund Anticipation Checks, Simple Pay, and other settlement products.
If you received your federal tax refund on the Emerald Card through a temporary bank product such as those listed above, you will receive your Tax Rebate payment as a mailed check from the IRS.
Again, the schedule for mailed checks is based on the last two digits of the Social Security Number, and for joint returns, it's the first Social Security Number listed on the 2007 federal return.
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