If my accountant hasn't filed my taxes yet (I own a business) and I filled out the stimulus registration to update irs with my direct deposit info, did I screw up?

So I did the simple return option misunderstanding that it wasn't for people who just simply haven't filed taxes yet. I own a business, an s Corp and our taxes were extended as they are every year until September I believe. But I didn't do direct deposit previous years so I wanted to get my info to the irs. Now I realized it seems this counts as my federal return??? Will this cause serious issues for me? Or will it simple update the irs with my bank info for the Covid-19 stimulus payment?

795

Expert Alumni

Apr 6, 2020 2:33:50 PM

No, that should not cause an issue with your normal tax return. The purpose of the registration is to provide the IRS with your bank account information you did not file a tax return.

Level 1

Apr 6, 2020 2:35:47 PM

Ok, thank you so much! I hope you're right. That's what I was thinking but it worded it like it's ONLY for people who aren't obligated to file. But what you said makes sense!

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If my accountant hasn't filed my taxes yet (I own a business) and I filled out the stimulus registration to update irs with my direct deposit info, did I screw up?