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New Member
posted Jun 7, 2019 3:36:10 PM

How long does it take for my money to clear in direct deposit when they sent it and it was approved yesterday ?

Has been approved and wccepted just want to know when I and getting my money

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24 Replies
New Member
Jun 7, 2019 3:36:11 PM

It can take 1 to 5 days for your financial institution to deposit funds into your account

If the status in Where’s My Refund? shows “Refund Sent”, the IRS has sent your tax refund to your financial institution for direct deposit. If you don't receive it in after 5 days then you should contact your financial institution.

New Member
Jun 7, 2019 3:36:12 PM

What is the financial institutions name

New Member
Jun 7, 2019 3:36:14 PM

suntrust bank

New Member
Jun 7, 2019 3:36:15 PM

I got my federal & my state was approved o 1/24/2019. How long do I have to wait for my refund?

New Member
Jun 7, 2019 3:36:16 PM

my refund says approved and that the 13th I should get it but I’m wondering if that’s true cuz my bank bragged about how id get my refund two days faster

New Member
Jun 7, 2019 3:36:18 PM

My federal and state was approved 1/29, I was given a deposit date of 2/6 and and received state on that date. However still no Federal. Irs2Go  and website says to contact bank if not deposited by 2/11 ...did that, they say not received..call IRS...

New Member
Jun 7, 2019 3:36:21 PM

The IRS doesn't send refunds once your refund has been approved... Approved is just stating the your Tax Refund is complete and correct. It usually takes them 4-5 days to issue your check, once your check is issued then then IRS update WMR to Refund sent. That's the day the IRS will send you your check direct deposit or by mail. What ever one you prefer. Now certain bank account will have you believe that you'll get your refund early but they dont tell you your two days starts when the check is sent not approved. Checks that are over $150 will usually take a couple of days to clear in your bank account with it most likely taking a 1-3 days to clear depending on your major bank institute, unless it's an H&R Block Emerald Card or a Jackson Hewitt Serve Card, with those cards your most likely 90% guaranteed to get your money on the day the IRS sends your refund......Hope this helps yous understand!!!!!

New Member
Jun 7, 2019 3:36:22 PM

How long does it take to receive your refund with a account now card cause I get paid two days early from my job

New Member
Jun 7, 2019 3:36:24 PM

Most likely depends on if your refund clears that day with your bank. If Account Now gives you an option to receive your refund two days early just call them when your WMR changes to sent, and ask them (Account Now) if they see any deposit set to clear...

New Member
Jun 7, 2019 3:36:26 PM

Thanks for the response

New Member
Feb 4, 2020 5:50:17 PM

The IRS sent my tax refund to my rapid paycard 6 days ago. Checked my balance and it’s not there. I wanted to compare the numbers that I put for my Turbo Tax direct deposit to the account and routing numbers for my Bancorp Rapid pay card. I tried talking to someone at Turbo Tax and Rapid pay card, everyone e keeps telling me they can’t see the numbers. I also called the IRS they said I have to wait 21days before they can look at my  tax papers? Very sad any suggestions?

Intuit Alumni
Feb 4, 2020 6:02:50 PM

You can view the details of your refund method on your 1040 form.  If you filed your return using TurboTax Online, read the following FAQ for instructions on downloading/printing your return:  How do I get a copy of a return I filed this year ...

 

Or use the following guide for printing a return filed in the TurboTax CD/Download software:  How do I print a copy of my return filed in the Tu ...

 

Your refund method (including direct deposit numbers, if you chose direct deposit) will be on line 20a on your 1040 form.

 

New Member
Feb 5, 2020 4:13:12 AM

Hi today is the 5 of February my federal returns was accepted and approved last week it state that I should be receiving of deposit by the 5 of February. Today is the 5 of February I CHECK my bank account and yet noting....

Level 2
Feb 5, 2020 5:08:01 AM

Mine says the same thing, "February 5th deposit date. Check with bank if not credited even by February 10th"

I am guessing/hoping it will happen sometime during the day or atleast overnight tonight.

I bank with Chase.

New Member
Feb 5, 2020 5:46:44 AM

Same with me...deposit date of 2/5 but no deposit. I also bank with Chase

Level 2
Feb 5, 2020 6:08:53 AM

I’m having the same issue. 

Intuit Alumni
Feb 5, 2020 8:22:40 AM

If you don't have to pay back any fees through your refund, it should arrive within 1-5 business days. If it takes longer than 5 days, contact your bank directly. Remember banks don't usually process on weekends or holidays.

Please view the link below for more information. 

IRS Frequently Asked Questions

 

Level 2
Feb 5, 2020 8:44:50 AM

I have to pay fee to turbo tax from my federal refund check; so are you saying, this is the reason for delay for my refund ?

Intuit Alumni
Feb 5, 2020 8:49:45 AM

It can depend on a few things including your bank and the bank the fees have to be released from depending on when you receive your refund.  Have you tried tracking it at the Where's My Refund Link?

 

https://turbotax.intuit.com/tax-tools/wheres-my-refund/

New Member
Feb 5, 2020 10:06:04 AM

Same here. I Still haven't received mine yet and my DD date was set for today. Any change for anyone yet?

New Member
Feb 5, 2020 10:53:25 AM

On the website it says that if you use your federal return to pay the Refund Processing Fee it will not impact how long your direct deposit takes, but your answer seems to contradict that.  Can you explain?  If I used the Refund Processing Fee how long will it take to appear in my account once it is "sent" by the IRS? 

Level 2
Feb 5, 2020 1:58:11 PM

Just got federal refund credited in my bank

account 

New Member
Feb 6, 2020 7:08:32 AM

Re: How long does it take for my money to clear in direct deposit when they sent it and it was approved yesterday ?

New Member
Feb 6, 2020 7:10:23 AM

Wells Fargo