[Third stimulus payment - mega-thread]

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Flannelbeard
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[Third stimulus payment - mega-thread]

Post by Flannelbeard »

[Title was "Received 3rd stimulus check 3/12/21" --admin LadyGeek]

Wow, that was fast! The President signed the bill last night and I have just received my stimulus check via direct deposit.

I bank through a federal credit union and in my past experience that results in deposits from the government clearing a bit faster.
OnTrack2020
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Re: Received 3rd stimulus check 3/12/21

Post by OnTrack2020 »

What!? Wow! The $1400 one, correct? If so, that is super fast!
niceguy7376
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Re: Received 3rd stimulus check 3/12/21

Post by niceguy7376 »

How can that be possible? Treasury went to work after 2.15 PM yesterday and started doing EFTs?

Overnight by today is lightning fast that I did not expect
Stoic9
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Re: Received 3rd stimulus check 3/12/21

Post by Stoic9 »

Interesting, that is fast. I'm not due but have child that is.
CalcHP12c
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Re: Received 3rd stimulus check 3/12/21

Post by CalcHP12c »

Wow! Our regional bank has a banner announcement that stimulus received today will be posted 3/17. Amazing that files were ready. Unfortunately I received check last time so expect to wait...
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Flannelbeard
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Re: Received 3rd stimulus check 3/12/21

Post by Flannelbeard »

OnTrack2020 wrote: Fri Mar 12, 2021 1:50 pm What!? Wow! The $1400 one, correct? If so, that is super fast!
Yes, correct.
niceguy7376 wrote: Fri Mar 12, 2021 1:57 pm How can that be possible? Treasury went to work after 2.15 PM yesterday and started doing EFTs?

Overnight by today is lightning fast that I did not expect
Apparently. I'm not sure what the "031721" in the transaction title is, to me that looks like a date which is next Wednesday.

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Flannelbeard
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Re: Received 3rd stimulus check 3/12/21

Post by Flannelbeard »

CalcHP12c wrote: Fri Mar 12, 2021 2:05 pm Wow! Our regional bank has a banner announcement that stimulus received today will be posted 3/17. Amazing that files were ready. Unfortunately I received check last time so expect to wait...
Interesting, so maybe they've already seen the transactions coming in and know it won't settle at most banks until the 17th?

I have heard in the past (anecdotally) that some federal credit unions instantly make deposits from the government available, because they know they're good for it or something like that. Not sure if that's true or just a rumor, but I guess most people with direct deposit info on file with the IRS should expect to see it next week then.
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Re: Received 3rd stimulus check 3/12/21

Post by obafgkm »

I received a notification that $2800 had been deposited in my credit union account March 12, too. Available immediately.
bigtex
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Re: Received 3rd stimulus check 3/12/21

Post by bigtex »

My $7k is pending in my account till 3/17. When do the child tax credit monthly payments start?
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Re: Received 3rd stimulus check 3/12/21

Post by abuss368 »

Flannelbeard wrote: Fri Mar 12, 2021 1:29 pm Wow, that was fast! The President signed the bill last night and I have just received my stimulus check via direct deposit.

I bank through a federal credit union and in my past experience that results in deposits from the government clearing a bit faster.
That is incredible. I read an article earlier today that said perhaps this weekend it would start.

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Re: Received 3rd stimulus check 3/12/21

Post by abuss368 »

You had me curious so I just looked at banking. No such deposit just yet.

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Stinky
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Re: Received 3rd stimulus check 3/12/21

Post by Stinky »

Pity those poor souls who are getting paper checks in the mail.

Given production time for the checks, plus the incredibly slow USPS, maybe those folks will get their checks before the end of March.

Or maybe not.
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Re: Received 3rd stimulus check 3/12/21

Post by catdude »

abuss368 wrote: Fri Mar 12, 2021 3:44 pm You had me curious so I just looked at banking. No such deposit just yet.

Tony
Same story here.
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CoAndy
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Re: Received 3rd stimulus check 3/12/21

Post by CoAndy »

It will be interesting to see what transpires. We received the first check last year via direct deposit and the second one by paper check. Not sure why? We had our tax refund direct deposited in early 2020 for the 2019 tax year. I heard some folks received the first deposit by direct deposit and the second via a Visa debit card.
techiegirl
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Re: Received 3rd stimulus check 3/12/21

Post by techiegirl »

CoAndy wrote: Fri Mar 12, 2021 4:08 pm It will be interesting to see what transpires. We received the first check last year via direct deposit and the second one by paper check. Not sure why? We had our tax refund direct deposited in early 2020 for the 2019 tax year. I heard some folks received the first deposit by direct deposit and the second via a Visa debit card.
Same here. First check was DD, but 2nd was a check. The check came in 3 weeks after the direct deposits.
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Re: Received 3rd stimulus check 3/12/21

Post by MotoTrojan »

Dang! I just submitted my tax-return yesterday... if they base it off that I'll be getting $2800, otherwise only my DW will get her half... hoping they don't process mine this quickly :twisted:.
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Re: Received 3rd stimulus check 3/12/21

Post by tomd37 »

I did not get the first economic impact payment initially. I think it was the fact that it was based on my 2018 tax return AGI and that year I did not have a refund coming so the return did not include banking info on that 1040. I had not filed my 2019 return therefore they used the 2018 return data. After the EIP1 came out I went to the appropriate IRS site and updated my direct deposit info and received my EIP1 payment by direct deposit shortly thereafter. EIP2 came via direct deposit.

Since both payments were less than I was entitled to, I filled out the Recovery Rebate Credit Worksheet when I submitted my 2020 tax return on February 12th I received ~$1,180 in recovery rebate credit. The Navy Federal CU has not yet received the third payment.
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Re: Received 3rd stimulus check 3/12/21

Post by Tigermoose »

Awesome. I've been waiting to get the stimmy before sending in my 2020 return. :sharebeer
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Mel Lindauer
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Re: Received 3rd stimulus check 3/12/21

Post by Mel Lindauer »

Nothing showing in my bank account yet.
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Aaand...it'sgone
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Re: Received 3rd stimulus check 3/12/21

Post by Aaand...it'sgone »

And here I am, waiting to see if we get any of them. We qualify by income level, but the IRS has something mixed up in our account and said that our only option is to wait and try to recover the missed stimulus with our tax return. We are crossing our fingers that our accountant is able to work some magic on this.
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Re: Received 3rd stimulus check 3/12/21

Post by 123 »

We got the full amount we were due even before the legislation was signed.
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Re: Received 3rd stimulus check 3/12/21

Post by MotoTrojan »

123 wrote: Fri Mar 12, 2021 4:45 pm We got the full amount we were due even before the legislation was signed.
Huh, sure that wasn't last years? That is wild.
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Re: Received 3rd stimulus check 3/12/21

Post by Stinky »

MotoTrojan wrote: Fri Mar 12, 2021 4:56 pm
123 wrote: Fri Mar 12, 2021 4:45 pm We got the full amount we were due even before the legislation was signed.
Huh, sure that wasn't last years? That is wild.
Or were you due zero this year? :twisted:
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camillus
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Re: Received 3rd stimulus check 3/12/21

Post by camillus »

Pending in checking for settlement 3/17
51% US / 34% ex-US / 15% “bond”
retire57
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Re: Received 3rd stimulus check 3/12/21

Post by retire57 »

Just in time to send it right back to 'em next month. Yay.
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Watty
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Re: Received 3rd stimulus check 3/12/21

Post by Watty »

niceguy7376 wrote: Fri Mar 12, 2021 1:57 pm How can that be possible? Treasury went to work after 2.15 PM yesterday and started doing EFTs?
Retired computer programmer here.

The basic structure of the process would have already been in place because of the prior stimulus payments.

They were almost certainly working on getting it ready as before the house even passed the original bill and they were likely just waiting to get the final OK to trigger the actual transfers.
planetmike
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Re: Received 3rd stimulus check 3/12/21

Post by planetmike »

Thanks for the prompt. Just looked online, and the $2,800 appeared in our checking today. It wasn't there this morning around 10am when I looked.
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Re: Received 3rd stimulus check 3/12/21

Post by manatee2005 »

planetmike wrote: Fri Mar 12, 2021 6:07 pm Thanks for the prompt. Just looked online, and the $2,800 appeared in our checking today. It wasn't there this morning around 10am when I looked.
You're welcome.
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Re: Received 3rd stimulus check 3/12/21

Post by beyou »

Son sees pending $1400 credit and not a federal credit union. Wow that was fast.
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Re: Received 3rd stimulus check 3/12/21

Post by kevdude »

Nerts, nothing yet.
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Re: Received 3rd stimulus check 3/12/21

Post by Ron Ronnerson »

I show $4200 pending for 3/17 in my credit union checking account.
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Re: Received 3rd stimulus check 3/12/21

Post by esqu1re »

retire57 wrote: Fri Mar 12, 2021 5:50 pm Just in time to send it right back to 'em next month. Yay.
Haha. Same here. =/
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Re: Received 3rd stimulus check 3/12/21

Post by alpenglow »

That's remarkably fast. I'm not seeing anything in my Fidelity CMA yet.
Last edited by alpenglow on Tue Mar 16, 2021 5:39 pm, edited 1 time in total.
NativeTxn
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Re: Received 3rd stimulus check 3/12/21

Post by NativeTxn »

That's amazingly fast. We got the first 2 rounds, but they were both slightly phased out. Under the new phase out thresholds, we are completely phased out of this one by about $1,000 of AGI. Oh well, glad it's making it out pretty quickly and hoping it gets to folks who need it.
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Re: Received 3rd stimulus check 3/12/21

Post by Jacotus »

esqu1re wrote: Fri Mar 12, 2021 6:31 pm
retire57 wrote: Fri Mar 12, 2021 5:50 pm Just in time to send it right back to 'em next month. Yay.
Haha. Same here. =/
Of course, you'll still have $1,400 more than you otherwise would have.
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Re: Received 3rd stimulus check 3/12/21

Post by Broken Man 1999 »

Our $2,800 is pending in my credit union account, will be available 03/17/2021, same day our SS benefits post. :moneybag

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Re: Received 3rd stimulus check 3/12/21

Post by anon_investor »

Interesting, we are not eligible, but I will tell my parents and in-laws to check their accounts.
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rterickson
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Re: Received 3rd stimulus check 3/12/21

Post by rterickson »

$2800 posted as pending at our credit union today, effective 3/17/21.
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Re: Received 3rd stimulus check 3/12/21

Post by Hyperchicken »

https://www.irs.gov/newsroom/irs-begins ... -americans
IR-2021-54, March 12, 2021

WASHINGTON — The Internal Revenue Service announced today that the third round of Economic Impact Payments will begin reaching Americans over the next week.

Following approval of the American Rescue Plan Act, the first batch of payments will be sent by direct deposit, which some recipients will start receiving as early as this weekend, and with more receiving this coming week.

Additional batches of payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card. The vast majority of these payments will be by direct deposit.
Mindbender
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Re: Received 3rd stimulus check 3/12/21

Post by Mindbender »

That's kind of crazy. Makes you realize money is just numbers on a ledger somewhere.

Soooo why do inter bank transfers take 3-4 days? :shock:
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Flannelbeard
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Re: Received 3rd stimulus check 3/12/21

Post by Flannelbeard »

Tigermoose wrote: Fri Mar 12, 2021 4:32 pm Awesome. I've been waiting to get the stimmy before sending in my 2020 return. :sharebeer
Same. My 2020 income would have disqualified me (maxed 401k in 2019, but not last year to bulk up down payment fund). Quite pleased that I waited. I actually filled out all my tax stuff back in early February. Just been waiting to click it through and file until the stimulus hit my account.

On the other hand, it's about time to buy an engagement ring so I'm sure my $1400 check (and a little more) will be going to stimulate a lucky jeweler. :moneybag
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Re: Received 3rd stimulus check 3/12/21

Post by Stinky »

Flannelbeard wrote: Fri Mar 12, 2021 7:56 pm On the other hand, it's about time to buy an engagement ring so I'm sure my $1400 check (and a little more) will be going to stimulate a lucky jeweler. :moneybag
When it’s time to buy the ring, post back for input.

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Re: Received 3rd stimulus check 3/12/21

Post by monkeyking »

beyou wrote: Fri Mar 12, 2021 6:22 pm Son sees pending $1400 credit and not a federal credit union. Wow that was fast.
Well, the “Federal” in a federal credit union only means it is federally chartered. They’re not government entities.
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Re: Received 3rd stimulus check 3/12/21

Post by mortfree »

bigtex wrote: Fri Mar 12, 2021 3:26 pm My $7k is pending in my account till 3/17. When do the child tax credit monthly payments start?
I believe they start in July
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Michael Patrick
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Re: Received 3rd stimulus check 3/12/21

Post by Michael Patrick »

My 3rd round payment is showing as pending for 3/17.

I can wait until Wednesday....
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Flannelbeard
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Re: Received 3rd stimulus check 3/12/21

Post by Flannelbeard »

Stinky wrote: Fri Mar 12, 2021 8:06 pm
Flannelbeard wrote: Fri Mar 12, 2021 7:56 pm On the other hand, it's about time to buy an engagement ring so I'm sure my $1400 check (and a little more) will be going to stimulate a lucky jeweler. :moneybag
When it’s time to buy the ring, post back for input.

If Boglehead Nation can have a huge thread about “the best $5,000 watch”, they certainly can help you choose an engagement ring. :D
I just might if she doesn't pick it out first. It's definitely not a "surprise engagement" kind of thing so she's been looking at rings. Trying to take notes. She doesn't want a diamond (moissanite or sapphire) so that saves $$$ haha.
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Re: Received 3rd stimulus check 3/12/21

Post by uslee2004 »

we are not eligible due to a costly traditional to Roth conversion in 2019. It turns out we almost missed all the conversion amount from the lost eligibility from stimmy. Well, I am grateful that we are blessed. Who knew that $10K conversion would have this much impact :annoyed
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Re: Received 3rd stimulus check 3/12/21

Post by jebmke »

Mindbender wrote: Fri Mar 12, 2021 7:53 pm That's kind of crazy. Makes you realize money is just numbers on a ledger somewhere.

Soooo why do inter bank transfers take 3-4 days? :shock:
Using the wrong bank? Mine typically land the day after I send.
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beyou
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Re: Received 3rd stimulus check 3/12/21

Post by beyou »

monkeyking wrote: Fri Mar 12, 2021 8:12 pm
beyou wrote: Fri Mar 12, 2021 6:22 pm Son sees pending $1400 credit and not a federal credit union. Wow that was fast.
Well, the “Federal” in a federal credit union only means it is federally chartered. They’re not government entities.
Yes, was debunking comments above.
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Re: Received 3rd stimulus check 3/12/21

Post by trigger08 »

Hmm, we got paper checks for the previous rounds but I e-filed with a small refund due in late February hoping to get our bank info into the IRS system. They haven't issued our refund yet so not sure if they really "have" our info for this round, we'll see how it goes.
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