@abster77 We have received the following general announcement:
We are happy to share that stimulus payments will begin to be deposited on January 8th for millions of our customers affected by the IRS error. We expect most of these payments to be available that day, but banks could take a few business days to process. Payment will be deposited into the same bank account that customers received their 2019 tax refund.
Customers receiving a stimulus payment will receive an email from TurboTax letting them know their stimulus payment is on the way. We have been working tirelessly with the Treasury and IRS to get stimulus payments to our customers. We know how important these funds are for so many Americans and we regret that an IRS error caused a delay.
Please note the following page for additional information: Why Haven’t I Received My Second Stimulus Check?
Having said this, in this forum we are unable to address any taxpayer's specific status in this regard. In a worst-case scenario in which the stimulus payment cannot be automatically direct deposited, and it is not possible for the IRS to mail a check or a debit card, then those taxpayers will still be able to claim the Economic Rebate Credit as part of their tax return in 2020. However, the most likely result is that TurboTax has resolved this with the IRS and clients will see their deposits very soon.
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