The third round of Economic Impact Payments (EIP3) will be based on the taxpayer's latest processed tax return from either 2020 or 2019. If the IRS has received and processed a taxpayer's 2020 return, the agency will instead make the calculation based on that return and use the bank information on your latest return. Since your return is not yet processed, then the IRS should use the last return filed (2019).
You can check the status of your third payment by using the Get My Payment tool, which is now live and reflecting the status of the 3rd stimulus payment.
Thanks but I still see status " don't have information on payment". Should I wait for couple of more days or call irs ?
Last time during 2 nd stimulus, it also happened that payment got delayed by a week as irs credited to turbotax and they credited in my account. How to check this information ?
Thanks for response but if you will refer above conversations then I am eligible. Will this time also they credit to turbotax account and it will transfer to me ? How to confirm these details ?
It depends. It seems you are saying your return has not been received by the IRS. If you do have a confirmation email that your return has been accepted by the IRS, from TurboTax, then they have received it. If you did not get an acknowledgement of acceptance by the IRS then your return is not yet filed.
If we assume it has been accepted, then the IRS will use your 2020 tax return when they disburse the third stimulus payment. If you used the Refund Processing Service, then it's possible it could come to TurboTax and then transfer to you. We must wait for IRS action or direction for the method they will use to distribute funds. They were not consistent in the first two rounds.
Click the following links to stay informed about the third stimulus payment.