When will my stimulus be deposited

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. 

• We expect most of these payments to be available that day, but banks could take a few business days to process. Payment will be deposited into the same bank account that customers received their 2019 tax refund.

Customers receiving a stimulus payment will receive an email from TurboTax letting them know their stimulus payment is on the way. We have been working tirelessly with the Treasury and IRS to get stimulus payments to our customers. We know how important these funds are for so many Americans and we regret that an IRS error caused a delay.

If you didn’t receive an email confirming that your stimulus payment is on the way, we may not have enough information to process a payment for you. However, we are still working with the IRS and Treasury to find an alternative way to deliver your stimulus payment.

The IRS advises people that if they don’t receive the full Economic Impact Payment they should file their 2020 tax return electronically and claim the Recovery Rebate Credit on their tax return to get their payment and any refund as quickly as possible.

Please note the following page for additional information: Why Haven’t I Received My Second Stimulus Check?