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April 13, 2020
Question

Stimulus deposit to TurboTax card

  • April 13, 2020
  • 1 reply
  • 0 views

I have been using Turbo Tax for years and all I want to know is whether or not my stimulus payment will be deposited onto my TurboTax card. If it won't be I NEED to know ASAP. If I cannot get an answer and they send me a paper check before I can figure something else out; I will not be able to pay my rent May 1st (Iowa has not issued and moratorium on rent and my landlord has already informed me they will not work with me for another month.).

 

I don't understand how they have a tool available to update direct deposit info. but have received no guidance regarding the Intuit TurboTax branded card. 

1 reply

MonicaM
April 13, 2020

We have not yet received confirmation from the IRS on whether they will be putting stimulus payments on prepaid debit cards.  However, we have noticed that the IRS has started depositing stimulus payments on some prepaid debit cards for taxpayers that chose to receive their refund through that method in tax year 2019 or 2018.  If you received your refund on a prepaid debit card in tax year 2018 or 2019, here is what you need to know: 

  • I have access to my debit card: If you have access to your debit card (most people), there is nothing more you need to do.  If the IRS deposits a stimulus payment onto your prepaid debit card, you will be able to immediately use the stimulus funds upon deposit. 
  • I don’t have access to my debit card: If you received a notification that you will be receiving your stimulus payment from the IRS on your prepaid debit card and no longer have access to it, we will have information coming shortly.  We encourage you to visit this site, where we are continually updating with the latest information and guidance. We know everyone is anxious to get their stimulus money and we are committed to helping our customers get access to their stimulus payment as fast as possible.