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demetra1209
New Member

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

 
5 Replies
ColeenD3
Expert Alumni

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

The IRS has their own timetable that is not published.

 

Turbo Card and Stimulus Deposits - What you need to know

 

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.
Dthornton971
New Member

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

Will the stimulus be deposited onto TurboTax prepaid Visa?

 

KarenJ2
Expert Alumni

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

Turbo Card and Stimulus Deposits - What you need to know  

 

The IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose direct deposit, and is depositing some stimulus payments onto prepaid debit cards for filers that chose to receive their refund through that method. 

 

For the majority of prepaid debit card holders there is nothing more to do as the stimulus payment will be deposited to their account. If you no longer have access to your debit card, we encourage you to visit https://turbodebitcard.intuit.com

 

 

 

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Cobradriver99
New Member

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

Are we being charged for having the stimulus being put on our cards.

ReginaM
Expert Alumni

Is TurboTax depositing stimulus checks on their cards ? And when should we expect it?

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"
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