I am also waiting for the TurboTax Deluxe desktop version to be updated. Does anyone know if TurboTax will work with the IRS to ensure everyone who is eligible on their 2020 taxes get their American Rescue Plan stimulus?
Originally, I was not eligible to receive the stimulus payments because of my 2019 income. But, I lost my job and became eligible for all stimulus payments because of my lower 2020 income. I understand that I will be able to claim the first two stimulus payments as a credit on my 2020 taxes. However, I am worried about the latest American Rescue Plan stimulus amount of $1,400. I cannot process my 2020 taxes until the TurboTax updates their software. Will those of us in my situation miss out on this $1,400 due to the delay in updating the software?
