This weekend I discovered that the IRS is sending people checks for half their child tax credit monthly. Right after I learned about it, I discovered that *we* somehow qualified by getting a check for $333 in the mail, even though our last year’s income was still upper-middle-class even with DH unemployed (we’re in the phase-out range).
I do not know why they decided they had to send us a check when they HAVE OUR DIRECT DEPOSIT information. Maybe to make it more salient? I don’t know. (One of my friends thinks the check was a mistake since they were supposed to honor direct deposit preferences.)
In any case, we don’t want it! We are in the situation in which we would likely just have to pay it back at tax time (dual earners with similar incomes => not enough taxes withheld plus dividends) and it is seriously irritating to have to remember to deposit a check every month. Back when our reimbursements came as checks this would have been less annoying, but everything is direct deposit nowadays.
DH went through and got pictures of his drivers license, then when their software couldn’t find his face, he cropped the sides of the picture so only the license was showing. That seemed to work.
For me, I didn’t have any problems with uploading pictures or it finding my face, but at the end they said they didn’t believe I was who I said I was and I would have to show additional documents and talk with a live person. First it let me try again with my passport, but that still didn’t work.
Once I got to all that, it put me on web-hold and when I got to 1 minute it started asking me every 10 seconds if I was still there. After me pressing that button 6 times, it took me to a video screen. Every few seconds it would tell me that I was waiting for the conference host to join and if I was the conference host to entire my conference number.
The conference host never joined.
Eventually I went back to the previous page and reloaded and it took me to a new video screen (the old one was still going, but I muted it) and a person showed up right away.
He took my information and a bunch of webcam pictures of my documents and me and I was able to login to the IRS page to say no thank you please hold my quarter of the child credit back with DH’s quarter and the half you’re already keeping.
I get that spreading the money out now is likely good for lower income folks, but what a hassle for the people who neither need nor want it!
Would you prefer to get your tax refund doled out in advance over the year or all at once when you file? Or are you like us and usually paying estimated taxes?