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Millions of Americans, including some TurboTax customers, were affected by an IRS processing error that delayed payments.
We are happy to share that TurboTax customers who were affected by this error should begin seeing deposits into their accounts as soon as January 8, 2021.
This update may not be reflected in the Get My Payment tool at the IRS due to the focus on efforts to distribute the payments.
These payments will be distributed to the account listed for your federal refund on your 2019 tax return. If you did not have a refund in 2019, did not receive your 2019 refund via direct deposit, or did not file a return, the IRS may not have your direct deposit information and you should expect to either receive a check or to claim the payment on your 2020 tax return.
If you do not see a payment either in your bank account or your mailbox by January 15, 2021 you should claim your payment via the Recovery Rebate Credit on your 2020 tax return. Please hold off filing returns until after this date to ensure that you are preparing the most accurate return possible.
If you should need to claim the credit on your tax return, you are encouraged to file early (but after January 15) to receive these funds as quickly as possible. In TurboTax, you will enter information about the credit near the end of the interview in the Final Review section of the program.
More information about the payments and any additional updates can be found at the following links:
IRS Updates on the Second Stimulus
IRS Statement about Second Economic Impact Payments
Why Haven't I Received My Second Stimulus Check?
TurboTax updates on the second stimulus
Ok so i want to know that if my direct deposit information is my turbo card used for 2019 taxes last year because i got the refund advance... Do you guys have that information on file because i i got the card when i filed last year
Yes, we have that information.
Please see the following information regarding the Turbo Visa Debit Care here.
If you were entitled to a stimulus payment but did not receive one, and you didn’t pay for TurboTax with your refund last year, you may need to claim the Recovery Rebate Credit on your 2020 taxes to get your money.
Please see the following page for additional information: Why Haven’t I Received My Second Stimulus Check?
Thank you so much.. How long spuld i wait before i should start to worry.
Deposits began January 8. The IRS begins accepting returns January 25. If you have not received it by the time you file your taxes, you can claim it on your tax return.
Please see: Is My Second Stimulus Check on the way?
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