I contacted the CEO of Turbo Tax. Their response is they did not receive any money from the IRS. The IRS rushed to get the payments out and used the wrong bank account info. They sent the money to closed accounts temporarily used by TT. So the deposit failed and the money sits with the IRS. Now, its up to the IRS if they are going to correct it with the right bank info, mail a check instead or like some have said tell you to claim it on your taxes. I also contacted several state reps and congressman and woman from PA and NY. There is also a class action lawsuit in the works because of this issue.
