I’ve had a few questions and been made aware of concerns over not receiving an economic stimulus check yet during the last two days. According to the IRS payment time table, the final direct deposit date was on May 16th. Even if you haven’t gotten your direct deposit yet, it doesn’t necessarily mean there’s a problem with your tax return.

Whether you agree or don’t agree with the governments decision to kick-start the economy in this way, here’s the main reasons you may not have gotten your check on time:

1. If you filed with a tax service such as Jackson Hewitt or H&R block, your stimulus payment may be on a later time table. More likely than not, you agreed to have their tax service fee directly taken out of your tax return. By doing that, your return didn’t come directly from the IRS. It was actually paid to you by the tax service company. To the IRS, this means that you’ll receive your payment by check and not by electronic deposit. The time schedule for the check payments are listed here.

2. Perhaps it’s too obvious to mention, but it’s possible there was an error with the tax return that was filed. In this case, the IRS will contact you to advise of the problem. Once the issue is remedied, the stimulus payment will be sent or direct deposited.

Also from the IRS website:

A small percentage of tax returns will require additional time to process and to compute a stimulus payment amount. For these returns, stimulus payments may not be issued in accordance with the schedule above, even if the tax return was processed by April 15.

Lastly, when in doubt, ask the IRS! If you still haven’t received your refund within 28 days from the original IRS mailing date, you can start a refund trace online here!!

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