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Xocietyx
Returning Member

Yet another where's my stim check Question

I filed on 4/6, opted to pay TT fees with Refund, I entered my DD info and all that, however, my refund was applied to back taxes. I know I'll have to pay the fees to TT later, but does the IRS still have my bank info? Or does it have some random TT account info since I opted to pay fees with Refund?

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3 Replies
Xocietyx
Returning Member

Yet another where's my stim check Question

Somebody anybody lol

Yet another where's my stim check Question

Since you chose to pay your TurboTax fees with your federal refund, the IRS does not have your direct deposit information. Unless the IRS and TurboTax figure a way around this, the IRS will mail a paper check to you with the stimulus payment. 

Dlenore77
New Member

Yet another where's my stim check Question

Here is a recent article to help everyone know what's going on....

 

https://www.propublica.org/article/millions-of-people-face-stim[product key removed]s-for-a-strange-...

What gets me is , Turbo Tax partnered with the IRS to create a stimulus registration product to make it easy for t people to fill out a simple tax return and get their address/deposit/dependent info to IRS... you would think Turbo Tax powers that be saw the writing on the wall with so called "direct deposit" info submitted on our federal taxes. Mine federal was "accepted" back on Feb. 10th. Eight weeks later I received a letter form IRS saying delayed because I failed to fill out 1095 A (health marketplace)...and yet were ok'd to send by Turbo Tax algorithm??!

 

This means IRS has my 2019 direct deposit info and current address. My 2018 taxes were from different address, depositing to now closed bank account.  I've used Turbo Tax for 15 years. I am very disappointed they did not see the train wreck up ahead with their own business model rerouting refund monies to a different bank (Santa Barbara Trust) in order to enable Turbo Tax to usurp ever increasing filing fees.  Possibly they were too busy setting up a portal to ensnare thousands more customers and reroute their stimulus direct deposits as well. Are these monies sitting in a Santa Barbara Trust bank account ... at what interest rate?

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