Business & farm


@debskain wrote:

Really? It's being reported on all social media that the IRS sent $600 payments to Turbo and HR block, to the account numbers that were used to secure our refund payment amounts. 

Can you comment on that?


If you requested to have the TurboTax account fees deducted from your federal tax refund, the IRS will send the refund to a third party processor to have the fees and the service charge deducted. The third party processor will deduct the TurboTax fees plus the service charge and then attempt to direct deposit the remaining refund balance into the account that you entered on your tax return.

 

See this Santa Barbara Tax Products Group (third party processor) website for stimulus information - https://www.sbtpg.com/coronavirus-stimulus-payment-info/