We know stimulus checks are important and we are doing everything we can to make sure eligible taxpayers get their stimulus checks. We have been working closely with the IRS and have confirmed with them that they have accurate banking information for all TurboTax filers. TurboTax cannot dictate to the IRS how to send out stimulus payments. What we know:
The IRS will determine eligibility and where to send stimulus payments based on your last tax return. Stimulus payments will likely go to the bank account where their last tax refund was deposited. For those who didn’t have a refund or didn’t choose direct deposit for their refund, the stimulus payment may be sent by check.
In some cases where the IRS has received a 2020 tax return but hasn’t yet processed it yet. In these cases, stimulus payments may be issued to the account on the 2019 tax return.
If the bank information is invalid or the account has been closed, the bank will return the payment to the IRS and the IRS will mail it to the taxpayer by check at the address they have on file.
Please see Topic G - It explains what information the IRS used and continues to use when issuing payments. @Wolfy6896
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