Once your return has been accepted (or mailed), it's too late to change your bank account in TurboTax for direct deposit. However, the IRS provides the following remedies:
I choose a check,then I changed to Direct deposit.When my tax preparer printed out my paperwork I noticed my routing and account number would not show .I called her back said she had already printed it out ,she said it go from her bank Santa Barbara to my account.Do you think that's ok?
@2020beniH Once you have filed, you would not be able to change your refund method. If the account your refund is going to is invalid ect. the financial institution will send it back to the IRS and then they will mail you a paper check to the address on your return.
Did you chose "Pay with My Refund"? When you sign up for Pay With My Refund, your refund will be handled through the Santa Barbara Tax Products Group (SBTPG, formerly SBBT).
Who provides Pay With My Refund? I just wondered if that was related to the information you posted above.
I hadn't been accepted yet
Yet she printed my paperwork....thing was I was undecided on either check or direct deposit she had only prepared it or sumtimg like that so I called her and she said it go from her sbarbara bank to my account...I called and gave her my account info...so am she transfer my refund from the s b.bank to my account
They still have to have your info, bc the way it normally works is the preparer gets their portion instantly taken out and the rest is sent to you. Yea bc Banks wont accept a deposit if the name doesnt match,;PII Removed] I knew people that filed jointly and their deposit was declined bc they only had one of the 2 names associated with the account
@2020beniH The "Pay with my Refund" option goes through Santa Barbara Tax Products Group (SBTPG, formerly SBBT). If you choose to pay your TurboTax fees with your refund this would be why. If you did give your bank account information, then that would mean, once the IRS Where’s My Federal Refund? site, shows "Refund Sent" it can take 1 to 5 business days for the financial institution to deposit fund into your account.
So once Santa Barbara Tax Products Group receives your refund from the IRS, they will take out the fee and send to your financial institution.
Please see the links below for more information:
If you have already filed, you won't be able to change your direct deposit, unfortunately. For more information, see the link here:
How do I change my direct deposit information after filing taxes
Did you already e-file? If you did NOT e-file you can go to the FILE section and change how you want to receive your refund. If you want direct deposit you need the routing number and your own account number.
You cannot change banking information while your return is in pending, nor can you change it after the return is accepted. The IRS does not allow it.
If you e-filed:
Banking information for direct deposit is wrong or closed
If you entered incorrect banking information for your refund, you can change it if your return is rejected. If it is accepted, however, it is too late to change it. The bank will reject the refund and send it back to the IRS. Then the IRS will issue a paper check and mail it to the address you put on your tax return. Expect a delay of at least a couple of weeks to receive your refund.
Here is what the IRS says about entering incorrect banking information