How do I update my payment method from turbo card to checking acct info for 2020COVID stimulus Payment after I already filed?My direct deposit info is still saved and is on file. I have filed my taxes with TurboTax past 20yrs I tried Turbocard for the first time and it was the worst mistaken I won’t be making again, from fees, to monthly withdrawal limits to green dot making it impossible to transfer your money from that card. In a time where most everyone needs this stimulus payment I don’t think it’s fair we have to wait another 7-10 days to receive it by being forced to receive it by mail when you can easily allow customers to update their own payment method information. (Per the treasure department’s statement)If you filed a return and got it on a financial instrument (like a prepaid card or tax advance loan), you'll receive a paper check.
Since the stimulus package has not yet been approved, we have not been provided guidance on this. Please bookmark this page for updates in relation to COVID-19 and taxes: https://ttlc.intuit.com/community/tax-topics/help/how-are-my-taxes-affected-by-covid-19/00/1330402
And if it is approved then will you be answering the question or will I need to repost it?
Any updates will be posted on that page @BrandiLO posted and also within the Community.
Can our stimulus payments be direct deposited onto our TurboTax card
We do not yet have any guidance in regards to the stimulus. Please bookmark the page I posted above to check back for updates as we are provided with additional guidance.
@dblanchard1981 As stated above, at this time, details are still being worked on and once things are finalized, more information will then be provided. You can continue to check the IRS website https://www.irs.gov/coronavirus for any updates. You can also stay updated by continuously checking the following links.
https://turbotax.intuit.com/coronavirus/
https://ttlc.intuit.com/community/tax-topics/help/how-are-my-taxes-affected-by-covid-19/00/1330402
How do I get my stimulus check? Will it be mailed or direct deposited?
As of today, the coronavirus stimulus package, or CARES act, has not been passed.
Follow this blog post for the latest information on tax deadlines, relief, and legislation, including the stimulus package, in response to coronavirus.
Here are other sources of information provided by TurboTax.
How are my taxes affected by COVID-19?
Can your Tech's at turbo create a site or link for lost or damage deposit cards (replace)? Just in case the turbo debit cards are allowed for the stimulus deposit. The bill got approved so we need you guys at turbo to stay ahead of things.
I am wondering the same thing! It’s been passed, still no answers. It would Be great if we could update a direct deposit for a bank account to receive the check, rather than a paper check and longer wait.
Turbo Tax will not have information on this. Please visit the IRS website. Coronavirus Tax Relief https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue
Stimulus has been passed and they will be using what ever direct deposit the it's has for you I'm wondering the same thing will it go to my TurboTax card
Thank you. That also answered my question. Will updates show once stimulus package goes through?
As of right now, the stimulus package has passed the Senate but has not yet passed the House of Representatives. They are scheduled to vote on the bill today.
Please refer to the following IRS web page for updates regarding the stimulus package and how the funds will be disbursed: https://www.irs.gov/coronavirus
It looks like it has passed both the Senate and House now and Trump is set to sign the bill through soon. Hopefully those of us that used the TurboCard for our direct deposit will get some answers soon.
Well they have passed it now so we need to know if we had our 2019 taxes deposited on a turbo card is the stimulus check going on the card too or do we need to call and change it somewhere? Also will turbo card charge us fees if it goes on there because we didnt have another choice.
Because I am not getting a refund, Turbotax will not allow me to amend my federal return to add direct deposit info to facilitate Covid stimulus payments. Will the federal government use direct deposit info that was included on my 2016 return in order to make the stimulus payment?
no - it will only use 2019 or 2018 bank information; everyone else will get a check
If our money was deposited on a turbo tax visa card is that where the stimulus will go?