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Lastamerican
Level 3

Are the stimulus payments going to be despoited or not?

All i want is an answer to that question but your company policy has already made me rethink about using your service in the future. Thousands of people are asking that simple question and are getting a confusing anwser that makes no sense. I want to know, Yes or No? if you reply to this with a statement that doesn't make sense or doesn't contain yes or no then I'm done and I'll be urging everyone I know who are using your product stay clear of all of your services in every way. Back to the question at hand, WILL THE STIMULUS PAYMENTS BE DIRECT DESPOITED ON YOUR TURBO DEBIT CARDS?

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Accepted Solutions
VictoriaD75
Expert Alumni

Are the stimulus payments going to be despoited or not?

Turbo Card and Stimulus Deposits - What you need to knowIn order to deliver money as quickly as possible to those who need it, the IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose to receive their refund via direct deposit into their checking account. These taxpayers will automatically have their stimulus payment deposited into the account they received their refund.
 

We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards. However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018. If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do. If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly. We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.

If you need to update your information to receive your stimulus payment, you will want to complete that through the IRS portal, which is expected to be available by April 17, 2020. See the Get My Payment link below for additional information:

 

IRS Economic Impact Payments

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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2 Replies
VictoriaD75
Expert Alumni

Are the stimulus payments going to be despoited or not?

Turbo Card and Stimulus Deposits - What you need to knowIn order to deliver money as quickly as possible to those who need it, the IRS is sending stimulus payments to eligible taxpayers who filed a tax return in either 2019 or 2018 and chose to receive their refund via direct deposit into their checking account. These taxpayers will automatically have their stimulus payment deposited into the account they received their refund.
 

We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards. However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018. If you received your refund on a prepaid debit card in tax year 2019 or 2018, here is what you need to know:

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do. If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit.
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly. We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.

If you need to update your information to receive your stimulus payment, you will want to complete that through the IRS portal, which is expected to be available by April 17, 2020. See the Get My Payment link below for additional information:

 

IRS Economic Impact Payments

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Lastamerican
Level 3

Are the stimulus payments going to be despoited or not?

I didn't see a yes or no, so I'll see you in court!!!

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