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Level 1
January 31, 2023
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Why does Santa Barbara tax group need your bank account information

  • January 31, 2023
  • 1 reply
  • 8 views
when account information was already on turbotax from previous years
Best answer by bluedeb

They need your bank account information every year to verify you have the same bank account.  Some people change banks or their account is closed etc.  They use your bank information to direct deposit your remaining refund, after they deduct the TurboTax fees.

1 reply

bluedeb
Alumni - Champ
bluedebAlumni - ChampAnswer
Alumni - Champ
January 31, 2023

They need your bank account information every year to verify you have the same bank account.  Some people change banks or their account is closed etc.  They use your bank information to direct deposit your remaining refund, after they deduct the TurboTax fees.