$3000 check got cashed in error for $8000 and I’m now overdrafted. Is it ok to keep receiving direct deposits from my job in the meantime? Long story short, I had about $4500 in my checking account, and gave my landlord a $3400 rent check. The bank he deposited that check at misread my 3 as an 8 (despite the handwritten word three) and took $8400 from my account. This led me to get overdrawn by a very significant amount. The bank is aware and is fixing the error but as a result of …

Check stolen out of the mail, duplicated, and cashed. Bank will not help. A family member mailed a check to the IRS for tax payments. The check cleared, but the check image shows a different recipient. The bank says what likely happened was that it was stolen out of the mail, duplicated with a different name, and cashed or deposited for more than 50k. They confirmed it was cashed or deposited at a Wells Fargo. Howeve…

Stolen ID & debit card, suspect cashed a check at our local bank Hello everyone, Want to get your opinion/advice. 10 days ago my wife’s car was vandalized. Busted window, wallet stolen (had her DL, debit card and one CC). It was a string of break ins that day and unfortunately we were parked in an unlucky spot. Cops were already on site. We immediately lock the CC and call our bank to lock the debit card. Fas…

Cryptocurrency sent to another crypto service then cashed out. Taxes? I decided to cash out all my crypto this year because I learned the “it’s literally gambling” lesson. Fortunately all in all I made some money. I bought and sold most of them on Coinbase, however I used crypto.com to buy a lesser know crypto. I made a significant amount of money on Coinbase (I got in before covid), and lost a significant amount …

Is there a tax difference between selling PTO and when my PTO is cashed out when I leave my company? Located in Massachusetts where they have to pay any accrued PTO at the end of employment. My current employer uses 1 single bank for all time off. We have the option to sell up to 80hrs throughout the year but can only do so twice a year. Previously I would sell 40hrs in April and 40hrs in October. However this upcoming year, I may choose to dep…

rent check to landlord cashed fraudulently by third party… Earlier this week, I received a rent statement from my landlord indicating they hadn’t received a check I mailed them several weeks ago. I sent the check via usmail in NYC – my landlord doesn’t accept electronic payments. The check was debited from my account after it was somehow deposited by a third party into a Capital One account in Richmond,…

LPT: use your change at self-checkout instead of going to Coinstar/ getting it cashed Some self checkouts in Canada have the option to pay with cash and coins. I bring all of my accumulated small change and pay with that instead of my usual debit card. this way I am able to use the full value of the coins (most cashing programs take a percentage of the value of the coins) and it’s an immediate cash for goods transaction. And you …

Question About Un-cashed Checks Over 6 months ago I went to an estate auction and bought 2k in goods. I and many other auction goers paid with personal checks. As of today the owner has not cashed anyone’s checks that I know. There was a whole behind the scenes argument between the beneficiary and the auction company, where she refused to take possession of the checks from the…

Dealership has not cashed my personal check yet. Should I be concerned? I purchased a vehicle from the dealership on 1st Oct 2023. I gave them a personal check and requested them to hold it till 11th Oct. They made me sign a finance contract which had an option (“You pay no finance charge if the amount financed is paid in full on or before 11th Oct 2023”). I reached out to the dealership a couple times and didn’t re…

Cashed out 401k for investment that didn’t work out Need some advice… Early this year, I cashed out about 100k from my 401k to invest into a rental property. After waiting a couple days to get cash in hand, the opportunity was long gone and I still have the money sitting in a savings account and CD averaging about 4-5% interest. Dumb me only paid the 10% penalty and nothing to federal tax. What…

Check mailed by company was delivered to the wrong house and was cashed at the bank by someone else, now neither party will tell me what to do Throwaway account created for this. I recently got a summer job with my university and I didn’t create a bank account until less than a month ago. Since I didn’t have a bank account, I couldn’t set up a direct deposit with my job so I got my checks sent in the mail from the company. The checks take anywhere from 5-7 business days to arrive….

What can be done about a check given to us by a third party to pay off a car and sent to a bank who cashed it but claims they did not receive it? My girlfriend sold her broke down car to a mechanic who gave us a check to pay off the remaining amount she owed on the car. The bank gave her incomplete instructions on how to send the check; they told her to have the mechanic make the check payable to them and to send it through UPS. As such, she sent it without including her bank account info…