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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:
So does this mean turbo tax card is NOT getting the refunds deposited? I’m a bit upset at the way this is being handled as a response. We are on the verge of losing everything due to it not being on our card. And when I mean the verge we have 24 hours before we lose our car and 36 til the house. I really need more than your response. I need to know now. I do know this next year turbo tax will not have us as clients. Everyone I work with has received theirs I’m the only one who hasn’t.
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