Do I need to update direct deposit info for stimulus

Forum|Forum|6 years ago
April 4, 2020
3 replies
15 views

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TurboTax Live Deluxe Online

JeanneLO

Level 14

If you want to do this for an anticipated economic impact payments the details are still being worked out by the government at this time. We do not have information on how or if you will be able to update direct deposit information with the IRS. Once things are finalized we will be able to provide more guidance.

You can also stay updated by checking back on the following links:

https://turbotax.intuit.com/coronavirus/

https://www.irs.gov/coronavirus

You should update the IRS about any applicable address change you may have had since you filed your most recent tax return. Please refer to Update My Information for more information.

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Kblack2469Author

Level 2

I filed with turbotax had them take fees out of my refund and deposit into my account does the irs have my bank info

CatinaT1

Level 15

Unfortunately we don't have a definitive answer. We are still waiting for direct guidance from the IRS regarding updating or providing direct deposit information for the stimulus payments and how they will be distributed to these types of accounts. We will have more information once the government finalizes the details.

In the meantime, you can visit the following links for the most recent updates:

https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments

https://turbotax.intuit.com/coronavirus/

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