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rpyanks2
New Member

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

To send the stimulus funds?
6 Replies
Irene2805
Expert Alumni

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

According to the Santa Barbara TPG CARES Act Update website:

 

An IRS-issued check will be mailed to taxpayers that received a check printed from their tax professional's office or a debit card issued through Santa Barbara TPG.

 

The IRS and Treasury Department are developing a website for taxpayers who are expecting a check, where they can provide their bank account information in order to receive their Economic Impact Payment by direct deposit. According to this message on the IRS website the IRS will notify taxpayers when more details are available. We will update this page when more information is available.

chefjellyfish
Level 2

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

I have this exact same question.

LeonardS
Expert Alumni

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

 

If your tax return has your personal bank information that was used to either receive a direct deposit of your refund or was used to pay your tax due then the IRS has your bank information to use for your direct deposit of your stimulus check.

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chefjellyfish
Level 2

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

I received a refund but I had to pay your company to process my return and chose the pay with my refund option so the bank on my taxes for both years is not my own but your santa barbara tax products group bank who then paid me the balance

LeonardS
Expert Alumni

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

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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chefjellyfish
Level 2

I used pay with refund so turbo tax got my money first then the balance minus my payment was sent direct deposit, my question is will the irs have my direct deposit info

  • You WILL receive the direct deposit. I just did this morning despite using pay with my refund
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