Have you already e-filed your tax return? If so, then you will
not be able to change your bank details in TurboTax because it's just
as though you had placed the tax return in your mailbox.
If you e-filed and the tax return is rejected by the IRS, then you can update your bank information and resubmit your tax return. Should your tax return be accepted and the IRS (and State, if any) cannot deposit your refund to your account, then a check will be mailed to you.
Refer to this TurboTax FAQ for complete information:
Once your return has been accepted (or mailed), it's too late to change your bank account for direct deposit.
If you haven't filed yet, you can still change your bank account info for direct deposit.
If the info you provided is for a closed or invalid account, the government will mail you a refund check.
If the info you entered is someone else's account, don't
worry – some banks won't deposit tax refunds into accounts where names
don't match up. The best way for you to track your federal refund is to
call the IRS at 1-800-829-1040.
If your recently-filed return is in pending status, wait until it's either accepted or rejected.
- If rejected, you can update your account and any issues
that caused the rejection. Open your return in TurboTax and go through
the File section again to update your bank account before re-submitting your return.
- If accepted, you'll get your refund check in the mail.
If you haven't filed here are steps to changing
Detailed Instructions:
- Ensure the box underneath the account info stating I want my refund deposited into this account is unchecked.
- Scroll down and click Continue.
- A page will display that says, Let's get your bank account info.
- Enter your new or updated account info you want your 2016 refund deposited in to.
