Stimulas payments pending on a few clients

[Twin Turbo Z]

Had a few call and tell us their stimulus is pending in the bank accounts. Be funny if they show pending for a few months !!!

[ATSMAN]

I believe the pending status ends on 4/15. I had a client e-mail me his bank online statement and it clearly showed that date.

[Lion]

Can the banks really hold the stimulus payments for more than 24 hours?

[MichaelDi09]

I received my stimulus payment of $1000.00 today 4/14/20,but not the full $1200.00, that I qualify for. From all calculations , including my AGI of $27650.00, I don't see why I was shorted the full $1200.00.
Appreciate any insight? Please provide link, if you found reason.
I have No outstanding Tax liabilities, with the IRS.

[MichaelDi09]

Have you filed (recently) your 2019 Form 1040?
If so, perhaps your payment was based upon your 2018 tax return.
Depends on where/when the IRS got the taxpayer information to use for the stimulus calculation.

its based on 2018 figures. I don't see anything anywhere in rules . Well under the 75k.

[TaxGuyBill]

I received my stimulus payment of $1000.00 today 4/14/20,but not the full $1200.00, that I qualify for.

Are you SURE that deposit was the Stimulus payment? Did you by chance apply for the EID loan (which is likely $1000, unless you have employees)?

[MichaelDi09]

Are you SURE that deposit was the Stimulus payment? Did you by chance apply for the EID loan (which is likely $1000, unless you have employees)?

I was just about to post that! I did apply for EIDL advance , and having no employees , was advanced $1000.00 . Good call!