Can we expect issues with a third stimulus?

Forum|Forum|5 years ago
February 7, 2021
1 reply
1 view

I have already filed, and applied for an advance when I did. If and when they approve a third stimulus what happens then? I know if i get approved for an advance my refund will go through a third party bank and that is where the issues came up with direct depositing the other stimulus checks. Has turbo tax thought about this in advance or can I expect the same thing to happen with the third stimulus that happened with the last two?

Critter-3

Level 15

No body knows for sure what congress will do yet ... but they will probably issue the next payment as an advance of the 2021 credit like the last ones were an advance of the 2020 credit ... so if you are short changed you can get the missing money on the 2021 return you file next year.

rmatherne88Author

Level 4

I understand that, but my question is since my refund goes through a third party bank if I am approved for the advance can I expect all of the problems people had with the last stimulus? The irs sent them to the wrong place, and they were rejected and then sent back. Does turbo tax have something to stop that from happening this time around?