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March 29, 2020
Question

I got my tax filing this year through an interest free loan through Greendot Banking and the Turbo Debit Card, will this impact my CARES Act tax credit of 2400 married?

  • March 29, 2020
  • 1 reply
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1 reply

EbonyL122824
March 29, 2020

We are still waiting for IRS guidance regarding this. If the IRS does not use the same means for the stimulus check as for the tax refund, then they will mail the check to the address on the 2019 or 2018 tax return. Once we have more information, we will be able to provide more guidance. You can also stay updated by continuously checking the following links. 

https://turbotax.intuit.com/coronavirus/

https://ttlc.intuit.com/community/tax-topics/help/how-are-my-taxes-affected-by-covid-19/00/1330402

https://www.irs.gov/coronavirus

https://www.sbtpg.com/coronavirus-stimulus-payment-info/

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