If you were tricked into an expensive Refund Anticipation Loan (RAL) or had your refund directly deposited to an H+R debit card with high hidden fees here is what the IRS has to say:
“Q. I chose direct deposit for my 2007 tax refund but also requested a refund anticipation loan (RAL) from my preparer. How does that affect my stimulus payment?
A. Taxpayers who use RALs or enter into any other loan or financial agreement with their tax professional cannot receive their stimulus payments by direct deposit and instead will get a paper check.
Q. I chose to have my tax refund deposited onto a "stored value card" or debit card through the professional tax preparer I used. Will my stimulus payment be directly deposited onto that same stored value card or debit card account?
A. Yes, unless you requested a refund anticipation loan (RAL) through your tax professional, or the stored value card or debit card account has been closed, in which case you will receive your economic stimulus payment by paper check.”
I hope I have been of help.
While we are on the subject of the “stimulus” rebate – please check out Kelly Phillips Erb's posting “Scam Alert: Monthly Stimulus Payments” at TAX GIRL.