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Level 1
March 27, 2020
Solved

If we used the direct deposit information yon turbo tax in the last tax filing will IRS be using it on the covid relief package?

  • March 27, 2020
  • 1 reply
  • 14 views
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Best answer by bluedeb

For the stimulus money, the IRS is only going by what is on your 2019 return (or 2018 return if you did not file a 2019 return), if you have direct deposit you will receive the stimulus money by direct deposit.  You will receive a check in the mail when there is no direct deposit information or the information is incorrect on your return you filed. 

 

If the banking information is incorrect or your account is closed, you will automatically be switched to receiving a check in the mail.

1 reply

bluedeb
Alumni - Champ
bluedebAlumni - ChampAnswer
Alumni - Champ
March 27, 2020

For the stimulus money, the IRS is only going by what is on your 2019 return (or 2018 return if you did not file a 2019 return), if you have direct deposit you will receive the stimulus money by direct deposit.  You will receive a check in the mail when there is no direct deposit information or the information is incorrect on your return you filed. 

 

If the banking information is incorrect or your account is closed, you will automatically be switched to receiving a check in the mail.

Level 2
March 30, 2020

So if we had to pay Federal tax, and therefore did not use direct deposit, then we are out of luck for Covid Relief direct deposit?

bluedeb
Alumni - Champ
Alumni - Champ
March 30, 2020

@mcvinney  You won't get direct deposit but the IRS will send a check to the address on your tax return.