i'm wondering how in the world i will cash my income tax return with no checking account, the check will be close to 4000 dollars. i want to have it direct deposited into my dad/s account but i'm afraid it won't work. i don't want to pay all those crazy check cashing fees. i was wondering if i got a prepaid visa card if i could have it deposited on to that. anyone have any ideas on how i can cash the check?
i've had a checking account in the past and wasn't very good at keeping up with it, so i'm wanting to get another one yet, plus i don't even think i can.
2007-12-27 09:03:52 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
oh and i'm not wanting to use h&r block or any of those. i'm doing my taxes myself
2007-12-27 09:12:54 · update #1
Open a savings account - you can have your refund direct deposited to that. The bank might not accept it into your dad's account since the names wouldn't match.
2007-12-27 09:26:58 · answer #1 · answered by Judy 7 · 2⤊ 0⤋
IRS will not deposit your check into your father account unless your name is on the account also. I would be better for you to open your own savings account and have the check direct deposited to the account. OR if no checking/savings account, you can go to a money box or any other check cashing places but they take a percentage for cashing the check. One person told me they paid 10%. ouch.
I would have better things to do with the 10%
2007-12-27 14:28:26 · answer #2 · answered by Ms. Angel.. 7 · 1⤊ 0⤋
If you file through HR Block, Liberty, or one of those tax filing national chains they can arrange for your return to be loaded on one of there prepaid Visa cards. I do not want to tell you the fee amount because I am sure it varies by area and amount. Your best bet is to talk to them about your filing options. I know it will be way less than a check cashing store that takes a percentage. Probally under twenty dollars.
2007-12-27 09:09:58 · answer #3 · answered by Lily 7 · 1⤊ 0⤋
ANY bank will cash a Government check. They will probably charge a fee if you don't have an account, but they know the check won't bounce (even if it should). Judy's advice about opening a savings account is the best I see here so far.
2007-12-27 11:24:02 · answer #4 · answered by STEVEN F 7 · 1⤊ 0⤋
Happened last week, too. We had a 2/10 date for the WMR but it went into our bank account on 2/5. Yep, a Thursday. I checked the WMR when I saw it in our bank account and it had changed to 2/6.
2016-05-27 08:20:54 · answer #5 · answered by ? 3 · 0⤊ 0⤋
If you don't have the money to open a savings account when you file your tax return, then open an account when you receive the check.
2007-12-27 11:12:08 · answer #6 · answered by Steve 6 · 1⤊ 0⤋
Sign the refund check and have your Dad deposit it into his account. After the "holding" period is over, he can withdraw the cash and give it to you. The financial institution can tell him how long the holding period will be.
2007-12-27 09:21:57 · answer #7 · answered by beached42 4 · 2⤊ 0⤋