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New Member
posted Dec 29, 2020 7:26:54 AM

What's wrong with my 2019 tax return still haven't received it

I need to change my direct deposit info also haven't received stimulus  check

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2 Replies
Level 15
Dec 29, 2020 7:35:06 AM

TurboTax does not store your bank information.

Once a tax return has been filed the bank information cannot be changed.

 

When you file the 2020 federal tax return you can enter the bank routing and account number for a direct deposit of a federal tax refund in the File section of the TurboTax program.

Level 15
Dec 29, 2020 7:47:21 AM

if you have not received your stimulus payment by the time you submit your 2020 tax return, you will reconcile on that submission how much you are due.  Look closely at Line 30 of Form 1040. 

 

The IRS will stop sending out the 1st stimulus payment this week

The IRS will be sending out the 2nd stimulus payments shortly, but stop on January 15, 2021

 

After that, it'll all come through on the 2020 tax return, again, Line 30.