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dixiecutie1982
New Member

If my turbo card has a negative balance will I still get my stimulus

 
1 Best answer

Accepted Solutions
ReginaM
Expert Alumni

If my turbo card has a negative balance will I still get my stimulus

Yes, you will still receive your Stimulus Payment, even if you have a negative balance on your debit card.

 

In order to deliver money as quickly as possible to those who need it, the IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose to receive their refund via direct deposit into their checking account. These taxpayers will automatically have their stimulus payment deposited into the account they received their refund.


We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards. However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018. If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do. If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly. We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.​​​​​
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6 Replies
SusanY1
Expert Alumni

If my turbo card has a negative balance will I still get my stimulus

A negative balance shouldn't affect your stimulus, but we are still not certain how the stimulus will (or won't) be applied for customers with Turbo card and other pre-paid debit cards.  

 

We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards. However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018.

 

If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do. If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly. We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
jstorms2012
Returning Member

If my turbo card has a negative balance will I still get my stimulus

An new word now peoples saying there gettin notification from the app saying the 15th. I didnt get the notification. But dont have good internet. So if you got fed an state taxes back on the turbo card will the stimulus go on it to??

ReginaM
Expert Alumni

If my turbo card has a negative balance will I still get my stimulus

Yes, you will still receive your Stimulus Payment, even if you have a negative balance on your debit card.

 

In order to deliver money as quickly as possible to those who need it, the IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose to receive their refund via direct deposit into their checking account. These taxpayers will automatically have their stimulus payment deposited into the account they received their refund.


We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards. However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018. If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do. If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly. We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.​​​​​
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Jacobsharff3
Level 1

If my turbo card has a negative balance will I still get my stimulus

  • My account just went to zero from a negative balance does this mean the stimulus payment is going to be deposited on there? Because I got my first stimulus on it but irs is saying they are mailing it this time...
Alexis lacks
Returning Member

If my turbo card has a negative balance will I still get my stimulus

That’s exactly what mine did I’m trying to figure it out to cause I don’t understand 

CatinaT1
Expert Alumni

If my turbo card has a negative balance will I still get my stimulus

This would be a question for the card issuer.  

 

This link might be helpful to you:  Turbo Card

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