@mariecas70 wrote:
I received a letter dated 3/1 saying my EIP2 payment would be a direct deposit. However I have yet to receive it and wanted to ask if I should wait or do I need to file something? Thank you
If the IRS thinks they paid you an EIP2, then if you also claim the recovery rebate on your tax return, the IRS will adjust the amount to reflect what they already paid. If you wait longer to file, the IRS will still think they paid the EIP2 and disallow any rebate you claim. If you never actually receive EIP2, you will have to do a trace on it. See "payment lost" on this page. https://www.irs.gov/coronavirus/second-eip-faqs#howdoi
I suppose you should file now, and indicate in Turbotax that you received the amounts of stimulus payments (EIP1 and EIP2) that the IRS thinks they issued (your letter 1444 or 1444-B) so your tax return is processed and you get the rest of any refund you are due. Then you will have to separately trace the missing EIP2 and try to get the IRS to re-issue it if it was lost or misdirected.
