TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Solved

Stimulus Payment for Turbo Tax users who owed taxes in 2019.

Forum|Forum|5 years ago
April 22, 2020
1 reply
0 views

I "owed" additional taxes when I filed in 2019. So, my additional tax payment was automatically deducted from my checking account by the IRS via the account information I provided to Turbo Tax when I filed. So, Turbo tax had my account information as should the IRS. Why didn't the IRS then have my account information to deposit a Stimulus payment in my Checking last week? The IRS "Get My Payment" site said the IRS "needed my direct deposit information." Why didn't the IRS already have that information from Turbo Tax?

Best answer by NCPERSON1

because the IRS only picked up banking information if you had direct deposit (got a refund). if you owed money and had that directly debited, they did not pick up that information. I ran into that as well.

It's a IRS thing - not related to TT.

not sure why, but if you look closely at the IRS 1040, the banking information is part of the 'refund' section and not part of the "I owe" section, so from that standpoint, the IRS behavior is consistent with the form.

NCPERSON1Answer

because the IRS only picked up banking information if you had direct deposit (got a refund). if you owed money and had that directly debited, they did not pick up that information. I ran into that as well.

It's a IRS thing - not related to TT.

not sure why, but if you look closely at the IRS 1040, the banking information is part of the 'refund' section and not part of the "I owe" section, so from that standpoint, the IRS behavior is consistent with the form.