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Level 3
March 7, 2021
Question

I gave the IRS my banking information for 2019 Tax Return, but I wasn't asked to give it for 2020 Tax Return. Am I going to get a paper stimulus check instead of direct deposit for the $1400?

  • March 7, 2021
  • 8 replies
  • 57 views

It looks like there's a strong possibility that the next Stimulus Check of $1400 will be passed in the American Rescue Plan bill. I had no income so last year I filled out the Non Filer Form here on TurboTax which was basically a 2019 Tax Return and I was able to include my banking information so I got the $1200 and $600 Stimulus Checks via direct deposit. I was told that they could possible only use the 2020 Tax Return for the new $1400 Stimulus Check so in a rush I efiled a 2020 Tax Return with $1 income so I wasn't asked to add banking information since I'm not getting a refund. The 2020 Tax Return got accepted by State and Federal. Someone told me that you had to give the IRS banking information every single year so I'm wondering since I wasn't told to enter in my banking information for the 2020 Tax Return and  if they go off of that one for the $1400 Stimulus Check does that mean that they don't have my banking information and I will be mailed a paper check or debit card even though I gave them my banking information for 2019 or does the IRS keep it on file?

8 replies

KrisD15
Level 15
March 7, 2021

Yes, they have it on file.

If the first and second stimulus payments went to your direct deposit account, and you did not change that on your 2020 return, (even though you had NO bank info on your 2020 return), the possible third payment will be sent to the same direct deposit as the first and second. 

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Level 3
March 7, 2021

Really!? I was lied to? Someone not here was claiming to have worked for the IRS in the past and they told me that every year you need to re enter in your bank account information or confirm it and the IRS puts it on file again. It sounded like the IRS deletes all banking information every year from their servers after you get your refund. Since I don't qualify for a refund for 2020 because I filed with no income TurboTax didn't tell me to confirm or reenter my banking information. So if you filed taxes with the IRS and give them your banking information once they have that information forever until you contact them to change it, is that what you're saying?

Level 15
March 7, 2021

You do not need to re-enter your bank account information every year. If you have a new account and need to change the information, then you would need to add the new information.

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