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.

Video: Learn about the First-Time Homebuyer's Credit

Note: The content of this video applies only to taxes prepared for 2009 and 2010. It is included here for reference only. In November 2009, the federal government extended and expanded the popular First-Time Homebuyer's Credit program. It lets you trim your tax bill by up to $8,000, a boon to homeowners facing mortgage payments for the first time.

Read More

Brought to you by TurboTax.com

Homebuyer Tax Credit: 7 Surprising Facts

Note: The content of this article applies to taxes prepared for 2010. It is included here for reference only. The Homebuyer Tax Credit was extended and expanded on November 6, 2009, but qualifying for it can still be tricky. If you're hoping to claim the credit in 2010, these tips could help you.

Read More

Brought to you by TurboTax.com

The Truth About Second-Chance Rebates

Note: The content of this article applies only to taxes prepared for 2008. It is included here for reference only. You might be hearing a lot about "second-chance rebates" and wondering if you qualify. The truth is that most people won't.

Read More

Brought to you by TurboTax.com

Fatten Your Paycheck and Still Get a Tax Refund

If you usually get a tax refund, but would like to start putting more money in your pocket every month, we can help. Yes, you still have to fill out a W-4 form. But we've developed a quick and easy guide to assist you.

Read More

Brought to you by TurboTax.com
Read Full Story
Your resource on tax filing
Tax season is here! Check out the Tax Center on AOL Finance for all the tips and tools you need to maximize your return.

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.