Other financial discussions

It is not TurboTax holding information back.  The IRS stated that if you owed taxes for 2018 or 2019 they would not have your bank information because they wouldn't use the direct debit information.  The IRS did say the would issue a check in the mail

The IRS Get My Payment is suppose to allow you to enter direct deposit information if there is none on record with the IRS, but unfortunately there has been nothing but problems with the app.

According to the IRS, there are several reasons why the "Get My Payment" tool will give you the "Payment Status Not Available" messages, including:

• The IRS hasn't finished processing your 2019 return;
• The tool doesn't have your data yet;
• You used the "Non-Filers: Enter Payment Info Here" tool, but the IRS hasn't processed your entry yet;
• You receive Social Security benefits, Supplemental Security Income (SSI), Railroad Retirement Board benefits, or Veterans Administration benefits, and the necessary information from the agency that administers those benefit programs hasn't been loaded onto the IRS system yet (for people who don't normally file a tax return; or
• You're not eligible for a payment.

For many of us, it looks like we'll just need to wait a little longer. The IRS updates the tool once per day (overnight), and they're working on adding more data to allow more people to use the tool. So, I guess working a little harder on being patient will do me some good.

(To find out how much money you'll get, use this Stimulus Check Calculator.)