1381296
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

Stimulus check and bank info showing on my return


@northlady wrote:

I need to update my bank info!


If you have filed a 2019 tax return and need to change or add your direct deposit information, see this IRS website - https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know
The IRS does not have my direct deposit information. What can I do?
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

Stimulus check and bank info showing on my return

The PORTAL the IRS speaks of is not expected until LATE APRIL  or EARLY MAY ...  FOLKS  need to be Patient while they the IRS try to do the impossible during a Pandemic with antiquated equipment.  

Stimulus check and bank info showing on my return

The IRS will reportedly begin issuing $1,200 stimulus payments on April 9, but some Americans could wait up to 5 months to receive their check

  • The IRS plans to begin sending out coronavirus stimulus payments as soon as April 9, according to an internal distribution plan obtained by The Washington Post.

 

  • Electronic payments could be sent out next Thursday, the internal document said, but paper checks are set to be mailed out to Americans on a weekly rotation beginning later.

 

  • The plan set priority, starting April 24, for paper-check distribution to those with the lowest income — individual taxpayers making $10,000 or less.

 

  • Checks for those under the $20,000-or-less bracket are to be mailed a week later, on May 1, under the plan, followed by Americans earning $30,000 or less on May 8, and so on.

https://www.businessinsider.com/irs-begin-sending-coronavirus-stimulus-payments-april-2020-4

 

Stimulus check and bank info showing on my return

Ok what I don't understand is this the get us to fill out the simple for to get the stimulus and yes they do ask for your bank routing and account number you give them all that info and after you submit it and print out the form you see a bunch of X's in your routing and account number boxes so explain this

Kennnerton
Returning Member

Stimulus check and bank info showing on my return

Hiii, what if the banking information on your filed 2019 was information thats no longer valid (for ex. The account is now closed)? Is there a way to change the information or what to d?

Stimulus check and bank info showing on my return


@Kennnerton wrote:

Hiii, what if the banking information on your filed 2019 was information thats no longer valid (for ex. The account is now closed)? Is there a way to change the information or what to d?


If you have filed a 2019 tax return and need to change or add your direct deposit information, see this IRS website - https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know
The IRS does not have my direct deposit information. What can I do?
In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

Kennnerton
Returning Member

Stimulus check and bank info showing on my return

Awesome, Thank you for the Info @DoninGA ! Very much appreciated. 

ThomasM125
Expert Alumni

Stimulus check and bank info showing on my return

You can visit https://www.irs.gov/ for updates on Coronavirus tax legislation.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Stimulus check and bank info showing on my return

So is there a way to accomplish this? 

KrisD15
Expert Alumni

Stimulus check and bank info showing on my return

@Suz_rocks247

 

What is your question? This is a long thread and I am not clear just what you are asking here. 

What is it that you are trying to accomplish? 

Have you filed? 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Stimulus check and bank info showing on my return

It is not free money. It is a tax credit on your 2020 taxes.  I think delivering it in a timely manner goes without saying since the purpose of the early tax credit is to offset being forced out of work by the government. 

Stimulus check and bank info showing on my return

I have not filed a 2018 return.  

I am going to file 2019 electronically  and I will not get a refund, I will owe taxes.

I moved twice since I last filed taxes in 2017.

How can I get my DD information to the IRS to get this stimulus check? ASAP! 

CassLO
Intuit Alumni

Stimulus check and bank info showing on my return

Enter your bank account information in the refund section when completing your taxes. See the link below for additional assistance: 

How do I change my refund method?

You may also see the IRS information listed below:

The IRS does not have my direct deposit information. What can I do?

In the coming weeks, Treasury plans to develop a web-based portal for individuals to provide their banking information to the IRS online, so that individuals can receive payments immediately as opposed to checks in the mail.

 

Please see the information from the IRS below, regarding the stimulus checks:

Economic impact payments: What you need to know

 

Please check for updates here: Coronavirus Tax Relief

Edit 04/7/2020 1:25 PM

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Stimulus check and bank info showing on my return

I have a slightly different situation. I've just finished my 2019 taxes with TT but have not yet filed. I OWE a few hundred dollars and I owed for 2018 as well. 

 

If I efile my taxes now through TT, and I provide my banking details to have it direct debited, will it be passed through from TT to the IRS and will they use that information to direct deposit my stimulus check, or will I have to go the (eventual) portal route?

 

Thanks in advance!

CatinaT1
Expert Alumni

Stimulus check and bank info showing on my return

Right now it seems the IRS can not use Direct Debit information to Direct Deposit.  

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question