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posted Feb 1, 2019 2:33:19 PM

Direct Deposit account needs to be corrected due to closed account

What happens if I selected Direct Deposit with fees coming out of my return and the account I use is closed...How do I correct this?  The IRS said they send to the bank the tax institution uses, and I should contact the turbotax to see how to handle it...Any ideas?

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2 Replies
Employee Tax Expert
Feb 1, 2019 6:26:28 PM

When the bank info you provided is for a closed or invalid account, the government will mail you a refund check. Please read more about: What if I entered the wrong bank account for direct deposit? 

 

We will also email you to pay any outstanding fees directly, as discussed here What if my federal refund isn't enough to cover ... - TurboTax

Level 1
Mar 9, 2019 4:37:46 PM

After receiving an email from TurboTax stating My Refund Will Be Deposited Soon and after 72hrs I realize I had filed and didn’t change my bank information. It had an old savings account that’s now closed . How long did it take you to receive your refund back?