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Level 2
posted Apr 10, 2020 6:21:49 AM

Accepted vs Processed

Will info be used, like direct deposit info, from an accepted return or does it have to be processed

0 3 1199
3 Replies
Level 15
Apr 10, 2020 7:29:10 AM

Unless it has been processed, your banking information has not yet been entered into the system.

 

https://ttlc.intuit.com/questions/2840013-does-accepted-mean-my-refund-is-approved

Level 2
Apr 10, 2020 10:25:50 AM

So, "being processed" doesn't count? It's been a week since filing...everyone is being encouraged to file 2019 at this time and add bank info, so why is that if the actual processing takes so long and doesn't count toward direct deposit info for stimulus payments

Level 15
Apr 10, 2020 10:28:45 AM

Accepted only means you had enough data to get it into the system.  The IRS is working as fast as it can to process returns and now they are dealing with the added enormous task of sending out the stimulus payments.  Your patience will be needed.

 

https://ttlc.intuit.com/community/tax-topics/help/how-are-my-taxes-affected-by-covid-19/00/1330402https://blog.turbotax.intuit.com/https://www.irs.gov/newsroom/economic-impact-payments-what-you-need-to-know