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Level 1
March 30, 2020
Question

Will my stimulus go on my turbo tax debit card that was sent to me to get my tax return?

  • March 30, 2020
  • 39 replies
  • 181 views
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39 replies

Level 15
March 30, 2020

We are still waiting for IRS guidance regarding the direct deposit information for the stimulus payments. 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:

 

IRS Coronavirus Tax Relief

 

TurboTax Corona Virus Tax Center Updates

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Level 2
March 31, 2020

How is it an irs issue? YOU GUYS hold the keys for every single person that had fees taken out since our direct deposit info is superceded to go to you first... so the question becomes, will you process irs deposits to appropriate individuals?

CassLO
Level 11
April 2, 2020

We are still waiting for IRS guidance regarding the direct deposit information for the stimulus payments. We will have more information once the government finalizes the details. If the IRS does not use the TurboTax card, please see the information below the IRS has posted:

The IRS does not have my direct deposit information. What can I do?

In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

 

Please see the information from the IRS below, regarding the stimulus checks:

Economic impact payments: What you need to know

 

Please check for updates here: Coronavirus Tax Relief

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Level 10
March 31, 2020

Nobody knows for sure yet. 

For more information regarding this as well as a stimulus update refer to the source provided below.

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

Level 3
March 31, 2020

We want to know if it will go to our turbo tax cards in order to make changes,we rather not wait until last second

Level 2
April 2, 2020

I AM NOT AFFILIATED WITH THESE COMPANIES BUT HERE IS MY TAKE....

If you look on your copy of the tax return you should see the "bank account" information for the direct deposit to the Turbo Card, if that is what you chose for you payment method..

As long as that account information is still valid the stimulus payment should just show up credited to your Turbo Card once the IRS processes it.

The money does not go to Intuit for them to disburse.

The Turbo Card is managed by Green Dot bank and the direct deposit information they provided should still work...

 

That is my hope and assumption....

Level 2
April 3, 2020

I 100@% AGREE!!!

Level 2
April 3, 2020

I'm trying to find out if my stimulus check will go on my TurboTax card I need the money I don't know what I'm going to do

Level 2
April 4, 2020

Ya I need to know that as well. I filed my taxes on 2/10 & was accepted on 2/10.  I have been on still being processed 2/15 . I called on March 3rd they said that they needed my insurance forms ( 1095A & 8962) so I faxed it to them on 3/6. . They said that everything was good. Finally called back 2 weeks later got a Tax Advocate and she told me that she had gotten everything that she needed.  So she had informed the  IRS  to  put the codes in the release my refund . But even with that she said that it could take up to 3 weeks . 

Level 2
April 5, 2020

Will my stimulus money go to my Intuit Turbo Debit Visa Card?

 

Critter
Level 15
April 5, 2020

FACTS KNOWN TO DATE: 

 

FACT:  A prepaid debit card has an underlying bank account that acts  like a savings account not a checking account  in that you can only spend what is in the account after  fees are applied  and it can be reloaded.  Using the bank routing number and your "account" number at this sponsoring bank allows anyone like your employer/you/or the IRS to make deposits electronically.

 

FACT:  If the routing/account number listed on the form 1040 that you filed in 2019 (or 2018 if 2019 is not yet filed) has the debit card information on it then that is where the stimulus check is scheduled to go when they are released automatically.  @baltimore1999  REVIEW your return. 

 

FACT:  If your DD info is out of date for any reason the IRS will send a check instead automatically. 

 

FACT: IF the IRS gets the PORTAL working in some way, taxpayers whose DD or mailing address is out of date will be able to update the info ... date this will be operational is still TBD.  

 

FACT: TurboTax has partnered with the IRS to allow taxpayers who DO NOT NEED TO FILE a return to report the base minimum info to get a stimulus check.  This system must ONLY be used for those who do not need to file ... those who are required to file a return CAN NOT use this option.  Other tax programs are also working on this option to file a "simple" return that only has the taxpayer(s) name(s), address, dependents if any and the DD info if they have it. 

 

FACT:  For those who do not have a bank account they can buy a VISA debit card at the store for $5 to use for the DD ... you just just register the card with the same name/address as the primary taxpayer on the return.

 

FACT:  If you choose to not use a prepaid debit card and choose to have the check mailed then if you need to update your address do so by mailing in the IRS form 8822 ASAP.  https://www.irs.gov/pub/irs-pdf/f8822.pdf

 

FACT: If you are not required to file a return and you have SS benefits then you do NOT need to do anything to get the stimulus check now.  BUT if you have dependents (under the age of 17) to list on a return then you can use the "simple" return option mentioned in the last fact to get the extra $500 now  OR  file a 2020 return later to capture this extra amount.

Level 2
April 5, 2020

Will my stimulus go on 2018 turbo intuit card 

Level 2
April 5, 2020
Level 2
April 7, 2020

Will my stimulus go on my turbo tax visa debit card

Level 2
April 10, 2020

I agree that TurboTax needs to answer the question where my money is going to go. After all my taxes did go through them first so they can collect their fees before I seen any money. So as far as I know that's where the IRS knows to send my money. So I should be able to get a quicker answer than I am Intuit TurboTax. 

LeonardS
Level 14
April 10, 2020

TurboTax has not received an answer from the IRS on this issue.  "We are still waiting for IRS guidance regarding updating or providing direct deposit information for the stimulus payments and how they will be distributed to these type 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:IRS Coronavirus Tax ReliefTurboTax Corona Virus Tax Center Updates"

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Level 3
April 10, 2020

How do you not have guidance? And you are working directly with the irs,yet HnRBlock has already gave a direct answer to this question