Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
dxc259
New Member

How long does to get the direct deposit ?

 
1 Best answer

Accepted Solutions
SweetieJean
Level 15

How long does to get the direct deposit ?

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?

View solution in original post

13 Replies
SweetieJean
Level 15

How long does to get the direct deposit ?

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?

SweetieJean
Level 15

How long does to get the direct deposit ?

dxc259
New Member

How long does to get the direct deposit ?

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$

SweetieJean
Level 15

How long does to get the direct deposit ?

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.
SweetieJean
Level 15

How long does to get the direct deposit ?

First you asked about when you were getting the refund, and now you are questioning the amount.  First, has your return been filed AND accepted? And then, what does it say here?
<a rel="nofollow" target="_blank" href="https://www.irs.gov/refunds">https://www.irs.gov/refunds</a>
dxc259
New Member

How long does to get the direct deposit ?

I have two W2 forms
SweetieJean
Level 15

How long does to get the direct deposit ?

And you filed them on the same tax return, right?
VolvoGirl
Level 15

How long does to get the direct deposit ?

You only file one tax return for all your income.  When you have more than 1 W2 you have more income and more combined tax on the total.  So the total federal income tax withholding on them is usually not enough to cover both jobs.
SweetieJean
Level 15

How long does to get the direct deposit ?

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

dxc259
New Member

How long does to get the direct deposit ?

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 ? 

VolvoGirl
Level 15

How long does to get the direct deposit ?

NO!!  You have to report all your income no matter how small.  Even $1 of bank interest.
dxc259
New Member

How long does to get the direct deposit ?

Ok
SweetieJean
Level 15

How long does to get the direct deposit ?

The IRS gets copies of those W-2 forms, so will know if you fail to claim one. I'm not sure why you would expect to get everything back, as the government would go out of business if everyone did that.
Dynamic AdsDynamic Ads
Privacy Settings
v