Ask Experts Questions for FREE Help !
Ask
    eljay1103's Avatar
    eljay1103 Posts: 146, Reputation: 5
    Junior Member
     
    #1

    Jun 13, 2007, 06:54 PM
    Cash Taxes
    Can any one tell me where I can cash my taxes if I don't want to deposit it into my bank? Can I sign it over to some one? So that they can put it in their bank account and then take the cash out? Its my first time doing taxes...
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #2

    Jun 13, 2007, 07:19 PM
    You can take it to a bank and cash it, ( proper ID and pay a fee)
    Normally they will not allow someone other than the payee to cash the check. The person it is written too, has to present it with proper ID.

    Why don't you want it direct deposited, but you can just take the check into your bank and cash it.

    Also there are places called "check cashing stores" that do nothing but cash checks.

    I am sorry but something about this just raises those red flags, what is your problem of cashing it at your own bank?
    eljay1103's Avatar
    eljay1103 Posts: 146, Reputation: 5
    Junior Member
     
    #3

    Jun 13, 2007, 07:50 PM
    You see I don't know if I owe money to my bank... and if I do I don't want to deposit the check and then the bank to freeze my account so I wouldn't be able to get it out... Does that make any sense?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Jun 14, 2007, 10:10 AM
    Yes, that makes sense.

    However, you CAN open another checking account at ANOTHER bank and have the refund(s) sent to the new bank.

    Just a thought!
    eljay1103's Avatar
    eljay1103 Posts: 146, Reputation: 5
    Junior Member
     
    #5

    Jun 15, 2007, 09:28 PM
    Yea I guess but I just don't want to have to go through all that I just want my check cashed... Can I sign it over to some 1? Or no b.c it's a gov check?? I have no idea
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #6

    Jun 18, 2007, 10:34 AM
    You CAN take it to a third party and sign it over to him/her for cash, but they may have trouble cashing it unless they have a business account ot they are related to you.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

I did not file my taxes but had taxes taken out of my check [ 14 Answers ]

I'm kind of worried here... I don't know why I didn't, but it is what it is. I just didn't file my taxes for 2005 and 2006. I also worked for a company in 2004 that paid me in personal buisiness checks that I would cash at citibanks, etc. but they never had me fill out any paperwork and never...

Cash Out? [ 1 Answers ]

Can any legal action be taken by a collection agency if the statute of limitation has run out on a debt? I have several credit cards that I have not paid on in 3 years due to a much reduced income. I'm thinking about cashing out the equity in my house so that I can pay them off, but the statute...

Taxes on 401k cash out [ 1 Answers ]

I have cashed out my 401k to invest in a home. The deal did not go through and lost $3,100.00 on the attempted purchase. The holding company of the 401k withheld 20% of the money to send to IRS. I have been living on the proceeds of the 401k for 6 months. I did have a job before the cash out,...

Filing for 2004 taxes and 2005 taxes [ 1 Answers ]

Hi I just received my W2 from my employer and there were 2 W2's. One W2 was for the wages of Dec 2004 (since the employer pays 1 month delayed salary) and the other one was for Jan - Nov 2005. I want to know if I can refile my 2004 taxes since I just got my Dec 2004's W2. If I add that...


View more questions Search