- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can we use the IRS "direct deposit tool" if we were self-employed?



- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can we use the IRS "direct deposit tool" if we were self-employed?
I don't know i will add that this is the website
https://www.irs.gov/coronavirus/economic-impact-payments
you shouldn't be using the non-filer section becuase you are required to file for 2019 amd maybe even 2018
if you use the other section for filers and the IRS sees that there are 1099's on record for you since you haven't filed for 2018 or 2019, don't know if the IRS will release the stinulus check or if the IRS might take other action. .
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can we use the IRS "direct deposit tool" if we were self-employed?
Wait I'm confused..
@Anonymous
By "1099s" I just simply mean 1099-INT for interest and "bank bonuses" that I earned in 2019. I don't have any 1099-MISC for self-employed work. Actually, I have no records for my self-employed work but that's a different discussion.
Because my total income was less than $10,000 last year.. My understanding is that the main reason why I need to file is because I made over $400 being self-employed..
But say for example, if I did not have self-employed income.. and only had the 1099-INT from bank account interest, "bank bonuses," and investment dividends then I would NOT be required to file since my income was less than 10k. Just trying to see if I understand the basics here. That's why I am asking this hypothetical question.
Thanks for any replies!
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can we use the IRS "direct deposit tool" if we were self-employed?
hoping someone can clarify
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can we use the IRS "direct deposit tool" if we were self-employed?
If you're not required to file in 2019, then you can use the tool to register for the stimulus check.
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Still have questions?
Make a post