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VictorW9
Expert Alumni

Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

Well, you can file for 2019 now and supply your banking information even if you owe. Federal tax payments have also been deferred, interest and penalty free, until July 15. This deferment also applies to tax year 2020 estimated tax payments previously due on April, 15, 2020.

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Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

So here is my question, I submitted by return with my bank information , I did not have a turbotax card issued to me. I had the money direct deposited into my bank account. I did have fees taken out of my refund. Does the IRS have my direct deposit information or will I need to update it? I downloaded my return and the routing and account number is my banking information but I have heard that if you had fees taken out that you will either get a check or have to update your direct deposit information with the IRS. So if i have to update my direct deposit information does that mean TurboTax changes my routing and account number to there third party bank so fees can be taken out? I am looking for clarification into this no one seems to know the answer. If I had fees taken out but used my personal banking account for direct deposit do I need to update my information with the IRS?

LeonardS
Expert Alumni

Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

If your tax return has your personal bank information that was used to either receive a direct deposit of your refund or was used to pay your tax due then the IRS has your bank information to use for your direct deposit of your stimulus check.

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Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

Why if my turbo tax card has a routing and account  number can I not receive stimulus on this I can receive other government funds on it @VictorW9 @LeonardS 

CatinaT1
Employee Tax Expert

Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

Unfortunately we don't have a definitive answer.  We are still waiting for direct guidance from the IRS regarding updating or providing direct deposit information for the stimulus payments and how they will be distributed to these types 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:

 

https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments

 

https://turbotax.intuit.com/coronavirus/

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Tax Year Prior to 2020: How can I add my direct deposit information for the stimulus check or will it just be deposited onto my TurboTax Visa card

The turbol tax portal didn't give me the option of Entering My direct deposit information.Now that the IRS website is up I can't enter my direct deposit information there because I've already filed with you guys. But I can't amend my filing with you guys to get my direct deposit information in and now I'm gonna have to wait weeks longer because I went with you guys instead of just waiting for the iris site cause I didn't know was going to exist and basically you guys stink and I would never use your service ever again you're a bunch of charlatans and con men.

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