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No one knows. IRS hasn't released any details about how or when they will make the adjustments.
Since a 1040-X refund can't be direct deposited, I doubt that an IRS-generated refund will be sent that way, six months from now. But IRS promises of how they can do this automatically are like a lot of things they have said in the past year, then pulled back. I'll believe them when I see it.
What they might do is send a notice to taxpayers showing the refund computation and asking for a signature. That could include a place for banking instructions, but why can't they do that with amended returns? I may start preparing 1040-X claims after April 15, because I think they will have to work those first. They have to pay interest, then.
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