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aic1990
New Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

 
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WillK
Level 9

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

No, it should not make a difference. As long as your routing number and account number are correct, the IRS should not have a problem depositing the funds into the account. 

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14 Replies
WillK
Level 9

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

No, it should not make a difference. As long as your routing number and account number are correct, the IRS should not have a problem depositing the funds into the account. 

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Nogoria
New Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

I disagree, perhaps it's by bank, but I'm currently in the exact situation where the IRS said they made the deposit. My bank said they didn't and it seems to be down to the difference of the checking/saving box.

CassLO
Expert Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

@Nogoria When did the IRS show they sent the refund? Once your refund status on the IRS shows "Refund Sent" it can take 1 to 5 business days for the financial institution to deposit fund into your account.

 

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Nogoria
New Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

It's been about eight days. The back verified that it was rejected for that reason.

 

According the IRS agent I talked to. About three weeks for the rejected deposit to show up for them and then up to five weeks to issue a paper check. 

tcs1126
Returning Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

what bank do you have?

CarissaM
Intuit Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

@tcs1126 This is an older thread. Are you asking what bank Turbo Tax has?

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tcs1126
Returning Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

No,I was asking what bank rejected him because I also accidentally put in my checking account and routing number, but hit savings instead of checking and I'm worried advia will reject it

CarissaM
Intuit Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

As long as the routing number and account number are correct, the bank  should not reject it. The IRS will check the routing number, account number, and name on the account. The name on the account must match the name on the return. 

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tcs1126
Returning Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

Yes the account and routing number are correct, along with the name on the account, like i said i just accidentally puched checking instead of savings and seeing someone say their bank rejected them has got me worried.

TerukoL
Intuit Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

As CarrisaM stated above, as long as the routing number and account number are correct, the bank should not reject it. But if your bank does reject it, the IRS will mail you a paper check. 

 

Please click What if I entered the wrong bank account for direct deposit? to learn more. 

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tcs1126
Returning Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

okay because i have seen people saying they will reject it even if everything is right, but you marked the wrong box.

AkinaLO
Intuit Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

It is as TerukoL and CarissaM have stated above. 

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Fer2
Returning Member

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

  • I accidentally checked "checking" and the account is from "savings", since I don't have an account, I put a friend's, is there a problem with that?
ThomasM125
Expert Alumni

I accidentally marked "checking" account on my direct deposit - it is a "savings" account. Will this make a difference?

@Fer2 It can vary by bank, but normally it is not a problem.

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