![]() ![]() Inflation everywhere but in our bank account. Living off a pathetic SSDI payment that I paid into for 30 years and my wife is working 2 jobs. Mine is 2020 was filled with a pancreatic cancer battle. Now our payments are M.I.A ? WHY? Makes no sense other that political games.Įveryone has a story why they need the money. ![]() Our first payments deposited no problem just days after launch. This has political football written all over it. If I could avoid paying another dime to the IRS I would do so as well. 2019 will be my last tax return done with Turbo Tax. ![]() TurboTax updates on the second you IRS and Turbo Tax.Why Haven't I Received My Second Stimulus Check?.IRS Statement about Second Economic Impact Payments.More information about the payments and any additional updates can be found at the following links: In TurboTax, you will enter information about the credit near the end of the interview in the Final Review section of the program. If you should need to claim the credit on your tax return, you are encouraged to file early (but after January 15) to receive these funds as quickly as possible. Please hold off filing returns until after this date to ensure that you are preparing the most accurate return possible. If you do not see a payment either in your bank account or your mailbox by January 15, 2021 you should claim your payment via the Recovery Rebate Credit on your 2020 tax return. If you did not have a refund in 2019, did not receive your 2019 refund via direct deposit, or did not file a return, the IRS may not have your direct deposit information and you should expect to either receive a check or to claim the payment on your 2020 tax return. These payments will be distributed to the account listed for your federal refund on your 2019 tax return. This update may not be reflected in the Get My Payment tool at the IRS due to the focus on efforts to distribute the payments. We are happy to share that TurboTax customers who were affected by the IRS processing error that delayed some stimulus payments should begin seeing deposits into their accounts as soon as January 8, 2021. It sounds like you may have been one of the taxpayers who was affected by an IRS processing error that delayed payments. But the vast majority should be able to have their stimulus provided by direct deposit, check, or debit card. However, in a worst-case scenario where the stimulus payment cannot be received, it would be necessary to claim it as part of the 2020 tax filing and increase the refund. We are unable to provide specific information for a taxpayer's stimulus status in this forum. Please note the following page for additional information: Why Haven’t I Received My Second Stimulus Check? ![]() We know how important these funds are for so many Americans and we regret that an IRS error caused a delay. We have been working tirelessly with the Treasury and IRS to get stimulus payments to our customers. Payment will be deposited into the same bank account that customers received their 2019 tax refund.Ĭustomers receiving a stimulus payment will receive an email from TurboTax letting them know their stimulus payment is on the way. We expect most of these payments to be available that day, but banks could take a few business days to process. We are happy to share that stimulus payments will begin to be deposited on January 8th for millions of our customers affected by the IRS error. With regards to the second stimulus payment, please note the following update: This may be the case for you with regards to the dependent who did not get covered in the first stimulus payment. With regards to the first stimulus payment, this will be resolved when you claim your refund on your 2020 tax return as additional refund if you did not receive it as part of the first stimulus payment. ![]()
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