Millions of Americans may have had their coronavirus stimulus payments held up by glitches if they were customers of tax preparation services, according to one new report. Here's why those payments could have been delayed, and what one major tax preparation service is saying about the issue.
"The bank account information for TurboTax filers is transmitted to the IRS as a part of the tax return," said TurboTax spokeswoman Ashley McMahon. "The IRS has the appropriate banking information for all TurboTax filers, which can be used by them to distribute stimulus payments."
"Any TurboTax customer who selected refund transfer or a debit card that gets a stimulus payment sent from the IRS to those accounts will receive those stimulus payments without delay or fees," McMahon said.
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