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April 12, 2020
Question

If I owed school loans and I chose a intuit card

  • April 12, 2020
  • 1 reply
  • 0 views
For my refund but I owed all I received to school loans will my Stimulus check be loaded on there still?

1 reply

April 12, 2020

The law says there will be no offsets for existing federal tax debts other than child support. Please view this TurboTax FAQ for more information. TurboTax is still waiting on guidance from the IRS to determine what types of financial accounts stimulus payments will be directly deposited into. However, the treasury department plans on opening a web-based portal for individuals to provide their banking information to the IRS online. Please keep checking this IRS link and this TurboTax link for an update on when this portal will be available.

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