@SForrestLO
@ChondelLO
Will someone from TT support PLEASE answer the question on how taxpayers who have used the Refund Processing Service to have the TT fees withheld from the federal refund and the balance sent to their own checking/savings/debit card or the TT Visa debit card will get their Stimulus Checks.
The info on your site here says NOTHING helpful so the rumor mills are in high gear ...
The IRS has not released information on this issue. Because your refund went through a 3rd party bank the IRS does not have your actual account information. This link CARES Act Update Coronavirus Stimulus Payment Information has information directly from Santa Barbara Tax Products Group that you may find helpful.
Can either of you settle a debate ?
Some user's say they used the processing option yet when they review their 1040 form AFTER the file their personal account info is on it and/or the TT issue debit card debit info is there.
And some say that info was not on the 1040 BEFORE they filed and it was backfilled after they filed and the debit card was issued.
I personally believe, based on working for a company for many years that issued RAL/RAC checks/deposits, that the info on the 1040 is the temp account at the third party bank.
So who is correct ? Before, After or third party?
If it is the processing bank temp account .... Will the processing bank allow the old ONE TIME USE account to be reopened to allow the stimulus checks to pay thru ? Is it even possible ?
