I waited for the new replacement for months and I forgot all about the turbo card because I believed it only contained less than $75 and I also believed that during my wait for replacement that the monthly fees would be returned. I was wrong, green dot refused to refund any of the fees and they failed to even notify me about the balance. Turns out that the IRS deposited my stimulus (something in the neighborhood of 3,600), but I cannot see that far back via account.
I did not know there was such a balance because my card was canceled and new replacement never arrived. When I logged into my account it showed a zero balance.
Finally when I called them in May 2022 to request another replacement and to ask for my fees to be reversed since I didn’t have access to the account for the 2 years they then notified me that it had a balance of $3,200. I was blown away, because I had no idea of this deposit and I was never notified by any means other than IRS sent me 5 letterheads with different amount of stimulus. Although I thought I never received it, actually green dot was sitting on it and failed to tell me.
So in order to avoid paying penalties and fees unjustly, how should I proceed moving forward. I never filed 2021 taxes due to this inconsistency with IRS deposit amount didn’t match what I received. I actually was upside down on my taxes if I listed the deposits on my 2021 and owed $1,200. However, being that one deposit wasn’t available to me and I had zero knowledge of it, can I defer this to 2022? Lastly, how do I get even with green dot for screwing me over?
Please advise how to show this on my taxes and whether or not this was all my fault? (If you aren’t going to be constructive, then just keep it to yourself)
