Re: Will my stimulus check be direct deposited onto my TurboTax card? (2024)

FAQs

Re: Will my stimulus check be direct deposited onto my TurboTax card? ›

Government stimulus payments are not eligible for early direct deposit. If you are expecting a government or payroll paper check, find out how deposit a check to your account. Don't have a card to access your funds? If you no longer have access to your Turbo Visa Debit Card, don't worry.

Do I need to do anything to get my stimulus check? You don't need to do anything to get your stimulus check. The IRS will determine eligibility based on your last tax return (either 2019 or 2020) and will likely send your payment to the bank account where your tax refund was deposited.

To start a payment trace:

Call the IRS at 800-919-9835.

You can find your direct deposit account info on your Tax Return Summary. Sign in to TurboTax. If you're already signed in, select Tax Home from the menu. Scroll down to and open Your tax returns & documents.

You will receive your payment by direct deposit or paper check.

Check the status of your stimulus check on the IRS Get My Payment website.

Individuals who didn't receive a third-round payment should contact the IRS as soon as possible to see if a payment trace is needed. It may be needed if their IRS Online Account shows a payment they didn't receive or they received a notice or letter indicating they were issued a payment.

Is it too late to get your stimulus check? The answer is yes for the checks issued in 2020, but there's still a window of opportunity for the check issued in 2021. Whether you're a U.S. citizen living abroad or someone who hasn't yet filed, you need to act swiftly to meet the IRS deadline and claim what you're owed.

You will not be sent a stimulus check automatically until you file a tax return. It is only being sent to those who filed a 2019 or 2020 tax return, those who filed a 2019 “non-filers” return last year, and some people getting Social Security, VA, and SSI benefits.

The main aim of this $2600 Stimulus Check is to provide extra financial assistance to seniors and help them manage their federal cost of living. These benefits will only offered to those who have filed their income tax return and made sufficient contributions during their working period.

How long does it take for direct deposit to go through TurboTax? ›

In most cases, you will receive your tax refund in less than 21 days after you file your federal tax return. To get your refund deposited directly into your bank account, select the direct deposit option when prompted by the tax software you are using.

Your tax refund was not sent to TurboTax. TurboTax does not handle your refund at all. Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund.

The IRS has an online portal you can use at IRS.gov/coronavirus/get-my-payment.

Securely access your IRS online account to view the total of your first, second and third Economic Impact Payment amounts under the Tax Records page.

Paper checks will arrive by mail in a white envelope from the U.S. Department of the Treasury. For those taxpayers who received their tax refund by mail, this paper check will look similar, but will be labeled as an "Economic Impact Payment" in the memo field.

There were no stimulus payments during tax year 2022. The $1,400 stimulus payment was only for tax year 2021. If you were not a dependent on the 2021 tax return then when you completed the 2021 tax return you should have gone through the Recovery Rebate Credit of the return.

Those who didn't receive checks (or received the wrong amount) can still claim them before the deadline. Despite rumors about a fourth stimulus check, the IRS confirmed it is not releasing another round of payments in 2024.

If you never received any of the stimulus payments, if you missed one or two, or if you received only a partial payment, you can recover these funds by filing for the Recovery Rebate Credit.

The IRS has an online portal you can use at IRS.gov/coronavirus/get-my-payment. It may not be available when you visit because of heavy traffic, so keep checking if you can't get through. How much will I get?