Most people who E-filed (such as myself) were suppose to get their economic stimulus EFT-ed to their bank account. The Friday that my social security number was due to be paid came and went. I went to Europe and just figured that it would take a while.
Finally I received a notice from the IRS that I was to receive a paper check in the amount of $600 on 6/27. They were close I received the check on the 30th. I probably will save all but $100 of it.
The reason that I did not get an EFT directly to my bank account two months ago was because I owed money on my Taxes this year, rather then receiving a tax return. So even though the IRS had access to my bank account and pulled money directly out of it, they did not have permission to put money directly into it!
I am not really upset at all about this, I was not relying on the stimulus to buy a new toy, or pay off an existing obligation. The money will just hit my high yield savings account (if 2.75% can be considered high yield) two months later then expected.
Moral of the story, don’t ever rely on money that you “think” that you might receive in the future.
