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New Member
posted Dec 28, 2020 3:52:12 PM

I am needing to update my address so my stimulus check and my taxes for next year do not go to the old address. I also am needing to change from mail, to direct deposit.

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2 Replies
Level 15
Dec 28, 2020 3:57:28 PM

To change your address with the IRS

 

CHANGE OF ADDRESS

https://www.irs.gov/faqs/irs-procedures/address-changes/address-changes

 

And make sure you have your mail forwarded by the U.S. postal service too.

 

 

BANKING INFORMATION

 

Your banking information cannot be changed after your tax return has been filed and accepted.

 

Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted. The IRS will begin to accept  and process 2020 returns at the end of January 2021.

 

You enter/change banking information in the FILE section before you file your 2020 return. Changing it on the TurboTax site does not do any good until you file your return and the IRS processes your return.   If they manage to start sending  out stimulus checks before you can change your information, we hope the IRS provides a way for you to change it with the IRS. Right now there are no new guidelines.   If your check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.

 

 

 

 

From the IRS:

 

Bank Account Information

Where did the IRS get my bank information, and what if I need to change it? (updated May 15, 2020)

My bank account information has changed or was incorrect. Can I update it using the tool? (updated June 8, 2020)

 

No. To help protect against potential fraud, the tool does not allow people to change direct deposit information already on file with the IRS.

If we issue a direct deposit and the bank information is invalid or the bank account has been closed, the bank will reject the deposit. We will then mail your Payment as soon as possible to the address we have on file for you, and we will update Get My Payment to reflect the date your payment will be mailed. Typically, once the payment is mailed, it will take up to 14 days to receive the payment, standard mailing time.

 

 

Level 15
Dec 28, 2020 4:22:10 PM

If you did not have a direct deposit for the 2019 refund watch the IRS site to see if they will allow you to add a direct deposit to your information like they did last year (this will NOT work if you had banking info already on file).  https://www.irs.gov/coronavirus/get-my-payment