The problem is MONEY guys! Duh!! TurboTax and the bank that they use (SBTPG) are not going to make any money off of this. That’s why they are not going to facilitate our direct deposits... because they can’t charge us for it. Don’t you think that if this was profitable to them that we would all have our money by now (like so many people that I know do)? They are not going to hire people to make sure that we get money that they cannot take a processing fee out of... they would be losing money by doing that. THIS is why we are all receiving paper checks directly from the IRS. SBTPG has already stated on their website that they are NOT handling stimulus payments. Case closed. TurboTax and their bank should just do this as a courtesy to their customers, seeing as though they have made MILLIONS, probably BILLIONS of dollars over the years from us. The only options we have are to either wait for a paper check, or update our Direct Deposit information through the IRS Stimulus Portal that will launch on April 17th.
