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Since the IRS will not be accepting 2020 returns until February 12, you can wait for the Schwab information.
That is a question best asked to Charles Schwab if a Schwab checking or savings account is considered to be a banking account recognized by the IRS for direct deposit.
it's your job to get your 1099-B included.
Maybe C Schwab hasn't posted the 1099-B yet.
According to Schwab, imports will not be available until at least Jan 29.
Since the IRS will not be accepting 2020 returns until February 12, you can wait for the Schwab information.
My question really pertains to allowing Direct Deposit from my refund. It appears that even though I am going to receive a Refund in 2020, because I live in another Country now on Visa (Thailand), and the US Government does not allow Direct Deposit to Foreign addresses for IRS Refunds. Living abroad the US does not allow me to use a US address even though I am a US Citizen living abroad. Could it be Direct Deposited to Charles Schwab, a US based firm? If not, this means even more delays, starting with a check will need to be sent after results are available in Feb. It can take 6 months to receive in the mail here and then 90 days to Cash if you actually do receive one. Will a Check even be valid after this amount of time? Also, the US does not allow me to have a US Bank Account or Credit Cards due to the Patriot Act without a US address. This means that I can not even pay for Turbo Tax unless someone else pays for it for me. Also, just as last year, Turbo Tax can not e File it for me (which you find out after you pay) so I have to mail it causing even further delays. There must be a better way.....
That is a question best asked to Charles Schwab if a Schwab checking or savings account is considered to be a banking account recognized by the IRS for direct deposit.
log on to your account, visit the tax page, and you will find lots of info.
Schwab probably will do it, but I don't have an account there so I don't know.
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