topic I need to update my information in Get your taxes done using TurboTax

I need to update my information

jtinkcaver — Mon, 28 Dec 2020 22:58:05 GMT

I need to change my banking information because my banking account has been closed

Re: I need to update my information

DoninGA — Mon, 28 Dec 2020 23:00:20 GMT

TurboTax does not store your bank information.

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.

Re: I need to update my information

VolvoGirl — Mon, 28 Dec 2020 23:00:21 GMT

You can only change it when you file your 2020 return. And you can't file until Jan27. You enter or change it when you go through the File Tab.

For the Stimulus......We don't know if the IRS will have a way to change it Online before you file your 2020 return.

Re: I need to update my information

rjs — Mon, 28 Dec 2020 23:29:53 GMT

There is no way to change your bank information for the second stimulus payment. For security reasons, the IRS is not expected to provide a way to change it. If the account has been closed, the bank will reject the deposit. The IRS will then mail a check for your payment to the most recent address they have on file, which is usually the address on the last tax return that you filed. It will take about two weeks for you to get the check after the bank rejects the deposit.