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TurboTax does not deposit your tax refund. Only the IRS or your state Department of Revenue deposits federal or state tax refunds. If the information you entered on your tax return for direct deposit was incorrect, it cannot be changed after the tax return has been filed. When the IRS and/or your state attempts to deposit the refund and the bank rejects the refund, then the IRS and/or your state will mail a check for the refund to the address entered on the tax return.
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