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If your stimulus was sent to a closed account, the IRS will not issue a replacement. You'll have to claim it as the Recovery Rebate credit on your 2020 tax return.
In TurboTax Online, to claim the Recovery Rebate credit please do the following:
It is my understanding that the latest stimulus check is based on 2019 adjusted income but it appears Turbotax is basing the calculations of the stimulus check due me based on 2020 adjusted income. Am I correct?
You are correct. The Recovery Rebate Credit on your 2020 tax return is based on information in that tax return. Any round one or two stimulus payments were advances on your 2020 Recovery Rebate Credit. However, since at that time you had not filed a 2020 return, those payments were based on prior year (2019/2018) return information.
Here is a link with more information on this topic.
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