Maybe ... details still to come if you used the refund processing option to have the TT fees withheld from the fed refund ... https://www.sbtpg.com/coronavirus-stimulus-payment-info/
SO look at your 2019 form 1040 at the DD info on page 2 ... if that is the same DD info for the Debit card you have then the IRS already has the card info and will send it there automatically.
If not then it is still to be determined if the deposit will go thru the third party processing bank like the original refund OR if you will need to change that DD info in the IRS portal to be built OR just get a check.
The vast majority of people do not need to take any action. The IRS will calculate and automatically send the economic impact payment to those eligible.
For people who have already filed their 2019 tax returns, the IRS will use this information to calculate the payment amount. For those who have not yet filed their return for 2019, the IRS will use information from their 2018 tax filing to calculate the payment. The economic impact payment will be deposited directly into the same banking account reflected on the return filed.
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.
Patience will be needed while hard working folks are trying their best to develop and implement this distribution DURING a tax season AND a pandemic.
Since the stimulus package has not yet been approved, we have not been provided guidance on this. Please bookmark this page for updates in relation to COVID-19 and taxes: https://ttlc.intuit.com/community/tax-topics/help/how-are-my-taxes-affected-by-covid-19/00/1330402
Any updates will be posted on that page @BrandiLO posted and also within the Community.
We do not yet have any guidance in regards to the stimulus. Please bookmark the page I posted above to check back for updates as we are provided with additional guidance.
@dblanchard1981 As stated above, at this time, details are still being worked on and once things are finalized, more information will then be provided. You can continue to check the IRS website https://www.irs.gov/coronavirus for any updates. You can also stay updated by continuously checking the following links.
How do I get my stimulus check? Will it be mailed or direct deposited?
As of today, the coronavirus stimulus package, or CARES act, has not been passed.
Follow this blog post for the latest information on tax deadlines, relief, and legislation, including the stimulus package, in response to coronavirus.
Here are other sources of information provided by TurboTax.
Can your Tech's at turbo create a site or link for lost or damage deposit cards (replace)? Just in case the turbo debit cards are allowed for the stimulus deposit. The bill got approved so we need you guys at turbo to stay ahead of things.
I am wondering the same thing! It’s been passed, still no answers. It would Be great if we could update a direct deposit for a bank account to receive the check, rather than a paper check and longer wait.
Turbo Tax will not have information on this. Please visit the IRS website. Coronavirus Tax Relief https://www.irs.gov/newsroom/irs-operations-during-covid-19-mission-critical-functions-continue