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Level 1
March 28, 2020
Solved

Coronavirus Stimulus Payment

  • March 28, 2020
  • 6 replies
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The news reports say that payments will be made via direct deposit.  I usually have TurboTax subtract my fee from my federal tax refund.  I believe this is processed by Santa Barbara Tax Products Group.  I believe my refund comes from SBTPG rather than directly from the IRS.  So I am not sure the IRS has my direct deposit information on file.  Will I sill be able to get my stimulus payment through direct deposit?

Best answer by ColeenD3

Yes. any intermediary bank merely temporarily hold the money to deduct fees. The balance is forwarded to your bank account.

6 replies

ColeenD3
ColeenD3Answer
Level 15
March 28, 2020

Yes. any intermediary bank merely temporarily hold the money to deduct fees. The balance is forwarded to your bank account.

Level 2
September 23, 2022

How do I find out if my Coronavirus stimulus payment is being processed or sent/ status update

Level 15
September 25, 2022

@Zmason

 

First, check your e-file status to see if your return was accepted: 

https://turbotax.intuit.com/tax-tools/efile-status-lookup/

 

Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.

 

You need your filing status, your Social Security number and the exact amount  (line 35a of your 2021 Form 1040) of your federal refund to track your Federal refund:   

https://www.irs.gov/refunds

To track your state refund:    

https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund

 

https://ttlc.intuit.com/questions/1901548-why-do-some-refunds-take-longer-than-others

If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing.

https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

https://ttlc.intuit.com/questions/2840013-does-accepted-mean-my-refund-is-approved

https://ttlc.intuit.com/questions/2724106-my-return-is-accepted-but-still-not-approved-is-there-a-problem-should-i-be-worried

 

 

OR——if you filed by mail, expect a long wait.   It is taking the very backlogged IRS six to nine months to process mailed returns.   Until a human opens your envelope and enters the data into the system, nothing will even show up on the refund site, so you will have to be very patient.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
LeonardS
Level 14
April 1, 2020

Until the details have been worked out and provided to TurboTax. TurboTax can not provide an answer to your question regarding Santa Barbara Tax Products Group. This link CARES Act Update Coronavirus Stimulus Payment Information has information directly from Santa Barbara Tax Products Group that you may find helpful.

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Critter
Level 15
April 1, 2020

FYI ALL  .... THERE IS NO INSTRUCTIONS YET ... EVEN MY PROFESSIONAL PROGRAM HAS NOTHING YET ... PATIENCE WILL BE NEEDED.   

 

THE STIMULUS CHECKS WILL NOT START GOING OUT FOR 3 WEEKS OR MORE AND THEY WILL NOT ALL GO OUT ON DAY ONE ... IT TOOK MONTHS TO GET THEM OUT LAST TIME.   

 

WORD TO THE WISE ... DON'T EXPECT THE MONEY ON ANY CERTAIN DATE AND YOU WILL NOT BE DISAPPOINTED. 

bige2443
Level 4
April 3, 2020

If you look at your 1040 even if you had turbotax deduct your fees it should have your banks direct deposit information on it. So the people that had fees deducted should be just fine.

Level 2
April 12, 2020

My name is Chris Hummel and I need help with finding out if I'm going to get the stimulus package I did the thing on the IRS for the stimulus package then it took me 2 TurboTax to do my federal taxes I don't know what I did wrong or if I didn't do it wrong well I still qualify for the stimulus can somebody email me at [email address removed] please and thank you

DaveF1006
Level 15
April 12, 2020

if yo filed a 2018 or 2019 return, you will receive a stimulus check if you qualify. Please visit the IRS Coronavirus website for more details.

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Level 2
April 12, 2020

I did not file taxes 2018 an 2019 but I had done something through TurboTax that allowed me to have something in the IRS file 2 receive the stimulus package

Level 2
April 13, 2020

What handling fees will be deducted from our Coronavirus Stimulus payments?

CatinaT1
Level 15
April 13, 2020

Good question. I haven't seen this addressed either way.

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Level 2
February 15, 2022

Never got none of mines 

Alumni - Intuit
February 15, 2022

If you didn’t receive a third Economic Impact Payment (stimulus) or got less than the full amount, you may be eligible to claim a Recovery Rebate Credit on your 2021 federal tax return.

 

In TurboTax,The Recovery Rebate Credit will be found in the Federal Review section.

 

To claim the Credit:

1. Enter all your federal return information as you would normally

2. During the Federal Review, we’ll check if you meet the requirements for the stimulus payment

3. If you meet the requirements, you'll see the Did you get a third stimulus? screen

4. Answer a few questions about any payments you've already received and then we'll let you know if the Recovery Rebate Credit applies

 

 Missing first and second payments may only be claimed on a 2020 tax return.

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