Yes, the IRS is telling everyone to be patient as they are trying to speed up the process of distributing the payments. We are still waiting for their guidance 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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