How do I add or change my payment recieving information. I.e my card info?

Forum|Forum|5 years ago
December 31, 2020
2 replies
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TurboTax Free Edition Online

DoninGA

Level 15

Once a tax return has been filed the bank information cannot be changed.

When you file the 2020 federal tax return you can enter the bank routing and account number for a direct deposit of a federal tax refund in the File section of the TurboTax program.

Go to this IRS website for stimulus information - https://www.irs.gov/newsroom/treasury-and-irs-begin-delivering-second-round-of-economic-impact-payments-to-millions-of-americans

NCperson

Level 15

@DoninGA - this posted today at the IRS website:

Where did the IRS get my bank information, and what if I need to change it? (updated December 30, 2020)

Get My Payment will reflect the account information provided on your 2019 tax return, Non-Filer Registration, entered on Get My Payment before Dec. 22, 2020, or provided by a Federal Agency who issued benefits to you (Social Security Administration, Veteran Affairs, or Railroad Retirement Board).

Your payment information cannot be changed. If you don’t get a payment and you are eligible to receive one, it may be claimed on your 2020 tax return as the Recovery Rebate Credit.

My bank account information has changed or was incorrect. Can I update it using the tool? (updated December 30, 2020)

Your payment information cannot be changed. If you don’t get a payment and you are eligible to receive one, it may be claimed on your 2020 tax return as the Recovery Rebate Credit.