It is still to be determined if the deposit will go through the third party processing bank. We are currently working with the IRS to determine how the stimulus payments will be issued. We will update this page when more information is available:
CARES Act - Stimulus Payment Information - Santa Barbara Tax Products Group
If the IRS does not use the TurboTax card, please see the information below the IRS has posted:
The IRS does not have my direct deposit information. What can I do?
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.
Please see the information from the IRS below, regarding the stimulus checks:
Economic impact payments: What you need to know
Please check for updates here: Coronavirus Tax Relief
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