IRS Tax Return

mlacour75
Contributor
Contributor

I need help! I searched online and found an article that stated you could use a routing number from paypal and your card number for direct deposit.  Come to find out that is only for prepaid cards and my card attached to my paypal for payments apparently is not considered a prepaid card.  Now my tax return is lost in limbo and I have no idea how to get it back.   I contacted paypal customer service and they stated there was no way for them to track that or for it to get to my account.  What can i do?  IRS says i need to handle it with paypal.

 

Any help would be greatly appreciated!

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9 REPLIES 9

DPCreations
Frequent Advisor
Frequent Advisor

You mailed your IRS tax form an you get a refund.

You added bank routing and account number for direct deposite.

 

Specifically where did find the routing and account numbers?

 

I suppose any money that gets rejected due to invalid routing tracking numbers would eventually return to the IRS.

I also suppose that the IRS would not be able to intercept the form and change the payment type.

You should probably phone IRS and as if you need to submit an amended tax form to have the refund issued by check.

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mlacour75
Contributor
Contributor
https://www.paypal-prepaid.com/faq.shtml Filled online. I do not have a credit line my card pulls from my PayPal account only.
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Whac-A-Mole
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@mlacour75 wrote:
https://www.paypal-prepaid.com/faq.shtml Filled online. I do not have a credit line my card pulls from my PayPal account only.

what kind of card do you have?

THE LINK your provided is for Paypal prepaid MC debit card and you said you do not have one?

so why are you showing the link to that card?

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mlacour75
Contributor
Contributor
I have a PayPal MasterCard debit that draws from my PayPal account. I don't have a credit card. I was told a prepaid PayPal MasterCard is different than my PayPal MasterCard debit. I'm trying to get help on how to resolve this or if anyone else has had this issue as PayPal support stated there was nothing they could do.
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DPCreations
Frequent Advisor
Frequent Advisor

Where did you find a routing number for the IRS?

 

Anyway, it's an IRS matter as that is where you provided the incorrect number.  Find out how the change the number on the IRS form?  I suspect you need to file an amended form.  An IRS agent should be able to tell you what  you need to do. 

You won't be able to intercept the funds.

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mlacour75
Contributor
Contributor
I included the link above for the routing info from PayPal. As for whose issue it is now the Irs referred me to PayPal who said they could do nothing which is what got me here.
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Whac-A-Mole
Frequent Advisor
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You have a Paypal Business debit card which taps your Paypal fund backed by bank fund (bank which is linkedto your Paypal account).

It is for spending your Paypal fund (backed by bank fund) ,retrieve cash from ATM,thats all it is for.

It does not accept deposit and it does not hold any fund .

When you ask IRS to send your tax refund to this account, via direct deposit,it would not make it.

where did you get the PAYPAL routing number?

Since Paypal does business with many banks,there are more than one routing numbers,some are for corporate purpose like meeting payroll,paying vendors,accepting payments from their customers,also holding our Paypal fund.

When IRS follows your instruction and try to send the payment to this routing number/paypal business debit card number,it would not make it,it would be rejected by the bank whose routing number  you have given,as it would not find an account which is the number on your PAYPAL DEBIT CARD.

It would come back to IRS or US treasury? and you will probably receive a notice that the deposit fails,then you should follow the instructio on the notice ,like call them or request a check.

You cannot recall your tax return,if your return has been received,it goes thru different depts,first is to separate your check (if yu owe tax) from your return,staple all the papers together,do a preliminary math check to  make sure your numbers add up,check if you have entered SS number etc.

you just have t o be patient and wait . 

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Whac-A-Mole
Frequent Advisor
Frequent Advisor

@mlacour75 wrote:

I need help! I searched online and found an article that stated you could use a routing number from paypal and your card number for direct deposit.  Come to find out that is only for prepaid cards and my card attached to my paypal for payments apparently is not considered a prepaid card.  Now my tax return is lost in limbo and I have no idea how to get it back.   I contacted paypal customer service and they stated there was no way for them to track that or for it to get to my account.  What can i do?  IRS says i need to handle it with paypal.

 

Any help would be greatly appreciated!


not sure what you are trying to accomplish?

you filed your income tax return and expect IRS to give you a tax refund by way of direct deposit to your Paypal account??

so you enter a routing number and a card linked to Paypal?

where did you get Paypal routing number?

and what card did you use?

 

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Whac-A-Mole
Frequent Advisor
Frequent Advisor

Paypal prepaid MC debit card is manned by Bankcorp bank,you buy a card from a store and pay $4.95 and load it with cash,then you go to its website and registered your card with SS number,address etc.

Then it will send you a permanent card with your name ,with this permanent card,you can now link it with y our Paypal account and move money back and forth between the two.

The cost of maintaining this card is $4.95 a month,you can make deposits ,yo can go shopping or transfer fund to your Paypal account and it welcomes your tax return money.

Some folks who do not have a bank account or do not want to use their bank account ,prefer to keep fund in this prepaid MC debit card.

your $$ and other card holders $$ is held in one account with bankcorp bank and is FDIC insured.

With a $4.95 a month fee,it is not really cheaper than a bank account,with a bank account if you maintain a minimum balance of $xxx,it is free but it has limits on how many withdrawals you can make per month. 

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