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We are still waiting for IRS guidance regarding updating or providing direct deposit information for the stimulus payments and how they will be distributed to these type 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:
So, it might come as paper check?? Don't the IRS have all my deposit info. When i file my taxes though???
If you ultimately received your refund in your direct deposit account, then that is where the IRS will send the check. You do not have to do anything.
Thanks, I've been hearing so many different reports on how you did your taxes. If you filed through turbo tax it would be a paper check. Because they took fees out. Then i heard don't worry about it. The information that is being sent out is conflicting and confusing
These are complicated times, but the only information that is on your tax return is where you ultimately want the refund to go. The intermediate bank and TurboTax fees are handled internally.
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