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Returning Member
posted Mar 12, 2021 6:21:37 PM

Where will my stimulus go

I received my 2019 tax refund on a turbo card, so my last two stimulus checks went on my turbo card, later than everyone else I know . But for my 2020 taxes I switched to my bank account . So I receive my last taxes on my debit card. So where does my stimulus go, to the turbo card , or my bank that I received my taxes on this year

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1 Replies
Employee Tax Expert
Mar 13, 2021 3:47:29 PM

The third round of Economic Impact Payments (EIP3) will be based on the taxpayer's latest processed tax return from either 2020 or 2019. If the IRS has received and processed your 2020 return, the agency will use the bank information on your return. Since you stated you already received your refund, your 2020 tax return was processed and your EIP3 will be deposited to that bank account.