{"id":103825,"date":"2020-08-16T12:00:29","date_gmt":"2020-08-16T16:00:29","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=103825"},"modified":"2020-08-16T09:16:50","modified_gmt":"2020-08-16T13:16:50","slug":"irs-update","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=103825","title":{"rendered":"IRS Update"},"content":{"rendered":"

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This is a news update. This is only an update. There is the possibility that it may become a bit of political slang for the more rancorous among us to play with. Read on, below.<\/p>\n

The IRS has updated and reopened its \u201cget my payment\u201d site so that you can go into that section and update your information or post it if you didn\u2019t have a chance to do it before. If they want your most recent tax return with the adjusted gross income and you try to enter the 2019 version, they have not processed those returns yet due to the load of other stuff they\u2019ve been asked to do. Those tax returns are sitting unopened in boxes, waiting to be reviewed.<\/p>\n

If you start getting dunning letters from the IRS, keep them<\/strong>. Don\u2019t respond or make angry phone calls, just keep them<\/strong>.<\/p>\n

They are sent out automatically even when a tax return hasn\u2019t been processed by the IRS. That is ordinarily due to late submissions, but in this case, the output of stimulus checks in April put a slamming halt to any and all 2019 tax return processing, period. That is what is generating those dunning letters. It is NOT a failure on your part.<\/p>\n

Meantime, your 2018 tax return<\/strong> was processed in 2019 and your refund or tax payment was also processed. So find your 2018 tax return and use that information.<\/p>\n

When you go to update or start up the request for direct deposit, make sure that you double-check what you posted. Proofread four times by confirming each number and letter each time, long before you click \u201cSubmit\u201d.<\/p>\n

If it\u2019s incorrect, the IRS will immediately say so with \u201cdoes not match our information\u201d.\u00a0 This is why I said have your 2018 tax return on hand, and your bank account (checkbook, silly) info as well. If you have a concern about your personal information showing up, which is valid, chill out. The numbers and letters are masked once it is confirmed. The IRS\u2019s computer\u2019s response is only going against what it already has in its database. No one is looking at your stuff.<\/p>\n

I think my concern has been that the stimulus checks might be considered taxable income, but the most recent response to that is that it is non-taxable (so far).\u00a0 It has something to do with tax credit, or at least that was the latest stated intention. We’ll see about that.\u00a0 Don’t take “nontaxable” for granted.\u00a0 But we can all use another $1200, right? Oh, wait – Nancy wants it to be more and she and dTrump are quibbling over dollars and sense. (I’m taking literary license here, y’know.)<\/p>\n

https:\/\/mynews4.com\/on-your-side\/ask-joe\/ask-joe-can-i-still-update-my-account-information-for-stimulus-check<\/a><\/p>\n

Direct deposit is safer and faster than waiting for a check, or as we are now told, a prepaid debit card. Since there will very likely be an increase in the number of people who will be eligible for those \u201cstimulus\u201d payments, especially as regards those with dependents, it\u2019s best to do it the smarter way. It is also quicker.<\/p>\n

In addition, if you\u2019ve changed your bank account number, as in moving your account to a different bank after the last time this dispensation was dispensed, you will not be able to change it, which means that you\u2019ll get the debit card instead. That seems to be a safeguard issue, especially since there is so much fraud going on in the unemployment compensation area in some states. If you normally get a refund, your bank deposit info should be on your tax return for 2018. As I said, the 2019 tax returns are sitting in boxes, waiting to be processed<\/em>.<\/p>\n

I’ve said this before.\u00a0 Don\u2019t take anything for granted. We live in perilous times right now.\u00a0 There is a suggestion in another blog that the military wants to take over and run things. Okay, I know there are many senior military in the Pentagon in Foggy Bottom, but they’re desk jockeys who Jonesed and jockeyed for those jobs a long time ago. The AD people are out in the field at bases, on ships, deployed to foreign parts, and most of them have enough sense to question what might seem to be illegal orders. Hitler controlled the media. Our current crop of media twits can’t even control their own bowel movements, never mind losing important people in their audience who are slowly becoming disillusioned. Remember what I said about former greenbeaners swapping attitudes when they discovered – GASP!!! – they’d been lied to all along?<\/p>\n

On a final note, you\u2019re going to love this: Should Biden win, Ms. Harris wants to give everyone in the USA, working or unemployed or whatever, a monthly check for $2,000 for up to the three months after<\/em> the CV19 pandemic ends.<\/p>\n

That\u2019s nice of her, isn\u2019t it? \u00a0Does she have insider info on when the pandemic is going to end? And where is this money going to come from?<\/p>\n

Unfortunately, someone has said the virus will come around twice more before it fades and\/or an effective vaccine is developed.<\/p>\n

I\u2019ve lost the connection to that article, but the projection is very possible. The Spanish flu had two nasty go-rounds in the 1918 pandemic in the USA, and then it petered out to nothing. But that bunch of flu bugs changes every season, which makes not<\/em> getting your annual flu shot just not smart<\/em>. Unfortunately, the VA’s facilities are now requiring appointments for such things as flu shots. There are no more walk-ins.<\/p>\n

So if the CV19 bug comes around twice more, that means it doesn’t just pack up and mosey out of town. It’s aggressive, repetitive and ferocious, and this CA\/AG wants to give you money until it ends?<\/p>\n

Gee whiz, I just don\u2019t know what to say other than does she really have a clue about how this whole thing will proceed, and how long it will take to come to an end? And does she have any idea where this cash load is going to come from?<\/p>\n

Okay, whatever. But what the frak: if she\u2019s truly that unable to understand real budgeting and the current financial conditions in the real world, she\u2019ll be sending this country right down the merry, daisy-strewn path to bankruptcy.** The US Government can only borrow coin\/cash from the Fed for so long before the ball drops and goes BOOM!!!!\u00a0 (**Yes, I know, she has to get approval, but it’s a Demo overload in Congress right now, isn’t it?) On the other hand, if the prediction of a deeper recession comes to pass, whoever is in the White House will get blamed for it.<\/p>\n

I wonder how things will be when someone lets slip the dogs of civil war\u2026. Oh, wait – that’s what the Antifatwarthogs are doing, isn’t it? Or trying to do…. or something.<\/p>\n

You all know about that Klingon curse “May you live in interesting times”, right?<\/p>\n","protected":false},"excerpt":{"rendered":"

This is a news update. This is only an update. There is the possibility that it … IRS Update<\/span>Read more<\/a><\/p>\n","protected":false},"author":653,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[213],"tags":[],"class_list":["post-103825","post","type-post","status-publish","format-standard","hentry","category-your-tax-dollars-at-work"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/103825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/653"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103825"}],"version-history":[{"count":1,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/103825\/revisions"}],"predecessor-version":[{"id":103826,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/103825\/revisions\/103826"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}