Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Apr 5, 2020 11:53:12 AM

How Do I Set My Banking Information For Direct deposit for stimulus check?

0 2 752
1 Best answer
Level 15
Apr 5, 2020 11:58:31 AM

If you already filed a return & it has been accepted, you cannot add direct deposit information.   The IRS is going to give taxpayers the chance to enter their own banking information.  See the following:

 

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.

https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

-----------------------------------

If you have not filed a 2019 return, or do not need to file a return, the TurboTax link below, is for anyone who has not filed a 2019 return or if you are not required to file a return,  if you want to qualify for the stimulus money TurboTax just recently setup where you can file a simple return for the stimulus money. See the following, scroll down to  What do I need to do to get my stimulus payment?, then  If you don’t need to file your taxes this year

https://turbotax.intuit.com/stimulus-check/

2 Replies
Level 15
Apr 5, 2020 11:58:31 AM

If you already filed a return & it has been accepted, you cannot add direct deposit information.   The IRS is going to give taxpayers the chance to enter their own banking information.  See the following:

 

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.

https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know

-----------------------------------

If you have not filed a 2019 return, or do not need to file a return, the TurboTax link below, is for anyone who has not filed a 2019 return or if you are not required to file a return,  if you want to qualify for the stimulus money TurboTax just recently setup where you can file a simple return for the stimulus money. See the following, scroll down to  What do I need to do to get my stimulus payment?, then  If you don’t need to file your taxes this year

https://turbotax.intuit.com/stimulus-check/

New Member
Apr 6, 2020 9:50:59 AM

If I filed my 2018 return but cannot file my 2019 return until later this year, can I use the TT portal to provide my DD information for the stimulus check? Or by using the TT portal, it will affect my process when I am ready to file my 2019 return later this year? Thank you.