garman22
Level 13
Level 13
‎04-06-2020 02:42 PM
@Anthony S wrote:

Sorry for the confusion. The answer is, no.

The IRS receives banking information only when it is sent with the tax return, electornically or if paper-filed.

For Agencies to receive banking information 1) it must be present in the Federal (or State's) Information Worksheet AND 2) it must be indicated, by checking the appropriate box, to direct deposit a refund or to direct debit the amount for a balance due. ProSeries will not send banking information unless these two conditions are met.

dir-dep-dir-debit.png

Based on the link I provided earlier, it looks the IRS will use 2018 filing information if the 2019 return has not been filed yet, assuming there was banking information in the prior year filing. If there is no banking information for the IRS to deposit the Stimulus payment into they will mail a check to the taxpayer.

Not what I wanted to hear......but I do have my answer. I appreciate this @Anthony S  . I now have my answer to my clients question.

 

Thanks a million!