I want to set up direct deposit

Forum|Forum|5 years ago
December 29, 2020
2 replies
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TurboTax Online

xmasbaby0

Level 15

BANKING INFORMATION

Your banking information cannot be changed after your tax return has been filed and accepted.

Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted. The IRS will begin to accept and process 2020 returns at the end of January 2021.

You enter/change banking information in the FILE section before you file your 2020 return. Changing it on the TurboTax site does not do any good until you file your return and the IRS processes your return. If they manage to start sending out stimulus checks before you can change your information, we hope the IRS provides a way for you to change it with the IRS. Right now there are no new guidelines. If your check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Cammyboy19

Level 2

I need to add my direct deposit info

EbonyL122824

Level 9

If you've already filed and your return has been accepted (or mailed), it's too late to change your bank account for direct deposit. If you have not yet filed your return, you can easily edit the account info you wish to transfer your money into before you file. Follow the instructions here.

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