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TURBO TAX UPDATE - THIRD STIMULUS NEWS 2021

The IRS has begun distributing a third round of stimulus payments.
 
We understand that you may have questions about where a third stimulus payment will be sent since you used the TurboTax Stimulus Portal to update your information with the second round of stimulus payments.
 
Here is what you can expect:

  • If you filed your 2020 tax return and it has been processed by the IRS your stimulus will be sent to the account you provided in that return.
  • If you provided updated banking information via the TurboTax Stimulus Portal for the second stimulus, that information was given to the IRS so they could deposit a third stimulus payment in that account.
  • If a bank account the IRS has on file is closed and your bank rejects the payment, the IRS will either:
    • Deposit your stimulus check into the bank account you entered into the TurboTax portal, or
    • Send your stimulus by check to the address they have on file for you within 14 days.

We understand that these funds are important to you and we are doing everything we can to help you get them as quickly as possible.
 
We encourage you to regularly check the IRS Get My Payment tool, here, for updated information on how you can expect to receive your stimulus payment. The payment status on that tool will not change more than once per day.
 
Thank you again for being a TurboTax customer.
 
Respectfully,
Sarah Kim
Vice President, Customer Success
Intuit, Inc. | TurboTax

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