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1 Early entry to direct deposit funds will depend on the timing of the submission of the cost file from the payer. These funds are usually made obtainable on the day the cost file is obtained, which can be as much as 2 days sooner than the scheduled cost date. Federal tax cost information obtained from the IRS could also be obtained as much as 5 days early (based mostly on information from the 2020 tax submitting season). Chime makes no assure over when information are despatched by the IRS and funds might be made obtainable.
2 Info from Nerdwallet’s The Full Information to Impartial Contractor Taxes as of November 29, 2022: https://www.nerdwallet.com/article/small-business/independent-contractor-tax-guide#
3 Info from the Inside Income Service’s Failure to Pay Penalty as of November 29, 2022:
https://www.irs.gov/funds/failure-to-pay-penalty
4 Info from the Inside Income Service’s The place’s My Refund? as of November 29, 2022:
https://www.irs.gov/refunds
5 Info from the Inside Income Service’s Failure to File Penalty as of November 29, 2022:
https://www.irs.gov/funds/failure-to-file-penalty
6 Info from the Inside Income Service’s Subject No. 202 Tax Cost Choices as of November 29, 2022:
https://www.irs.gov/taxtopics/tc202#
7 Info from the Inside Income Service’s Extra Info on Cost Plans as of November 29, 2022:
https://www.irs.gov/funds/payment-plans-installment-agreements#plandef
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