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Other financial discussions
Some that used TurboTax are receiving their 2nd stimulus because they paid the TurboTax fees last year out of their bank account, and did not choose the option to have the fees paid/taken out of their refunds. So basically what TurboTax does after filing on your behalf, is creates a bank acct that your returns go into. They then take their fees out of said account, then send the remaining return to your bank.
So these 2nd stimulus money was sent to that account TurboTax created, however, those accounts were all closed by TurboTax, hence, the money was returned to sender (The IRS).
‎January 6, 2021
8:44 AM