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New Member
posted Apr 8, 2020 8:20:12 AM

If my turbo card has a negative balance will my stimulus check still get deposited on it

2 65 5955
24 Replies
Expert Alumni
Apr 8, 2020 8:34:24 AM

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:

TurboTax Corona Virus Updates or IRS Corona Tax Relief.

 

New Member
Apr 13, 2020 11:36:54 AM

Is there any new information on this I can't find any 

Expert Alumni
Apr 13, 2020 11:52:30 AM

Yes, you can still load money or receive a direct deposit when your TurboTax card has a negative balance. However, the deposit will go towards the negative balance first. Please view the cardholder agreement for more information. You can also view the FAQs on the TurboTax debit card website.

Please view this IRS link and use the Get Your Payment application, available mid-April, to check the status of your stimulus payment.

New Member
Apr 13, 2020 11:15:28 PM

I have negative 4 dollars on it right now how do you know I will still get the check an that it will jus take whatever I owe an add it too my card ?

New Member
Apr 13, 2020 11:18:31 PM

Because I’m very curious 

Level 2
Apr 14, 2020 3:37:14 PM

I had a negative as well and it just fixed itself but no stimulus still

New Member
Apr 14, 2020 3:59:24 PM

My account was negative -4.95 now it said that 4.95 has been added and now my account is at zero. Can someone explain this please

Level 2
Apr 14, 2020 4:03:07 PM

Same thing just happened to me, very strange. Most people who have a turbotax card that ive talked to have said they got a notification saying their money will be deposited tomorrow. And it seems most banks are trying to do all accounts on the same day. So hopefully we all get it tomorrow. 

New Member
Apr 14, 2020 4:39:19 PM

I had a negative balance of 9.90 till an hour ago. Still no stimulus but what does that mean

Level 2
Apr 14, 2020 4:55:02 PM

Mine did the same thing!!

New Member
Apr 14, 2020 5:22:52 PM

Happened to me too! Still at zero

Level 1
Apr 14, 2020 5:53:35 PM

the same thing that happen with everybody else’s account going from negative to zero just happen to me. called the number on my card and of course I still have no pending deposit of my stimulus check but got the notification as well. we need answers!!!! 

Level 1
Apr 14, 2020 6:49:14 PM

The IRS says it's up to the individual banks (in this case TurboTax) weather to use it to cover debts or simply crediting them to accounts. Hopefully the people at TurboTax want to keep people and give us our money. If they steal $1200 over a $10 overdraft they will never hear the end of it.

Level 1
Apr 14, 2020 7:21:07 PM

Thank you for the information and hope.

Level 1
Apr 14, 2020 7:44:35 PM

Had negative 7 cents of my negative balance credited to my account earlier. Not exactly the stimulus check I'm hoping for. We shall see in the morning.

 

(I use the app and the phone number)

Level 1
Apr 14, 2020 7:46:28 PM

Means we are getting paid tomorrow. Let's get our Hope's up and hope they are not dashed horribly tomorrow morning. 😉

Level 1
Apr 14, 2020 7:55:58 PM

Mines still at -4.95 and hasn't been made positive 😔

Level 2
Apr 14, 2020 8:06:53 PM

Why u think it means we are getting paid tomorrow? That WOULD be nice tho lol

Level 2
Apr 14, 2020 8:35:29 PM

Mine did the same thing what the bleep does it mean **bleep** I wish someone would tell us hope it's r stimulus checks coming on at midnight greatly need it right now

Level 1
Apr 14, 2020 8:37:18 PM

Same with me -9.90

 

Level 2
Apr 14, 2020 9:10:19 PM

Mine said -7.23 an i went to check today it said 0.00 but i didnt see no other money 

Level 2
Apr 14, 2020 9:41:47 PM

Why does my TurboTax card say general fund deposited? What does that mean

Level 2
Apr 14, 2020 9:47:50 PM

 If you owe private debts they can take it out of the stimulus. Its up to the company to allow it or not. It seems like they might 0 out if youre negative but give the rest to debt collectors. The government screwed everyone over. They had plenty of chances to not allow that to happen but it seems they dont care. 

Level 2
Apr 14, 2020 9:51:00 PM

[phone number removed] so pretty much not getting nothing as usual and would u happen to know what general fund is but in terms of dummy version lol just being honest