This is the FIRST year I had to pay----I was wondering how long before my check clears? A friend of mine told me it took a month to clear for her last year
With this little ditty and rent and student loans, it is going to be tight for a while.
2007-04-18 13:04:28 · 8 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
Believe me, it will NOT take 1 month for your check to clear! One year when things were tight with us and we had to send a check to the IRS on April 15, I was hoping it would take at least 3 days to clear and all would be fine! Well, 2 days later it was posted to my bank account! I could not believe that they could do it that fast with all the returns that they were processing! I could barely cram our return in the mailbox because it was so stuffed full of last minute returns! So-be careful and don't take any chances...make sure it is covered before it gets to your account!
2007-04-18 13:52:11 · answer #1 · answered by MarineMom 6 · 0⤊ 0⤋
The last time I paid by check, it cleared in 4 days. That was a few years ago, though.
These days checks are normally cleared electronically and will clear the same day that your return is opened at the IRS Service Center or the next day at most.
2007-04-18 13:25:58 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
Hard to tell. Consider the money as being out of your account, though, when you write other checks, so you don't bounce something. Don't count on having a month for the IRS check. Sometimes it's real slow, but can be pretty quick.
2007-04-18 14:26:03 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
Forget about how long your friend said it took her check to clear. Assume that it will clear in just a couple of days like any other check. It costs too much in overdraft fees to take any chances.
2007-04-18 13:12:02 · answer #4 · answered by Brian G 6 · 1⤊ 0⤋
It won't take a month to clear. The check is stripped off as soon as the envelope gets there and the check is cashed.
2007-04-18 13:08:08 · answer #5 · answered by Still reading 6 · 0⤊ 0⤋
It depends on your bank, if you use a credit union it can take longer if you use Bank of America it could go through fast. Get online banking and watch for it.
2007-04-18 13:12:53 · answer #6 · answered by bobbimathias 1 · 0⤊ 0⤋
the thing is,, do you really want to write a hot check to the IRS??
2007-04-18 13:34:41 · answer #7 · answered by Jo Blo 6 · 0⤊ 0⤋
it varies thanks to snail mail but you can track your return on the irs website
2007-04-18 13:13:18 · answer #8 · answered by luvhrlysnjager2 2 · 0⤊ 2⤋