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Level 2

Solved

How long does to get the direct deposit ?

Forum|Forum|7 years ago
June 6, 2019
13 replies
74 views

No text available

TurboTax Free Edition Online

Best answer by SweetieJean

Once the IRS actually issues the refund, it can take 1-5 days for your bank to credit it. Did you ask to have TT efes deducted from it?

Answer

Alumni - Champ

Once the IRS actually issues the refund, it can take 1-5 days for your bank to credit it. Did you ask to have TT efes deducted from it?

Alumni - Champ

Previously asked and answered here:

https://ttlc.intuit.com/questions/4126209-how-long-does-it-take-for-direct-deposit-to-get-into-your-...

dxc259Author

Level 2

Well I think I did but I'm trying to figure out why I'm only getting 130$ back if on one tax I made over 2,000$ and the other one I made 897$

Alumni - Champ

What do you mean by "one tax?" and "the other"? A Federal return, and a State one? An amended return? Two W-2 forms?
You do not get all of your withholding back, just the amount (if any) that is in excess of your tax liability.

Alumni - Champ

When you added more income, your tax liability increased, so you saw your refund decrease. The program begins by giving you your personal exemption of $4050 plus your standard deduction—both of which lowered your taxable income. So you are not being taxed on as much of the income on that first W-2. Then you added taxable income--so the refund went down. Your refund (or tax due) is based on the total of your income, not “per W-2.” Wait until you have entered ALL of your income and deduction information. You can't really tell anything until it is all entered. That “refund monitor” does not mean anything until everything has been entered.

https://ttlc.intuit.com/questions/2273878-why-did-my-refund-drop-when-i-entered-another-w-2

dxc259Author

Level 2

O ok should I Take the one with less money off ? So I can get my whole refund for the job I work the most at ?

Level 15

NO!! You have to report all your income no matter how small. Even $1 of bank interest.