You'll need to sign in or create an account to connect with an expert.
TurboTax does not receive your refund. It's deposited into a 3rd-party bank to be split between you and Turbotax. This is why the IRS shows it was deposited. The bank is supposed to forward your portion using the direct deposit information that was originally on your return. Since direct deposit failed, the bank sends your portion back to the IRS. It will send you a CP53E notice. You have 30 days to update or add a new bank account or select an exception condition to allow a paper check.
If you opted-in to receive refund status notifications in your online account, when you receive the notification, you may immediately update your direct deposit information.
If you encounter any systemic issues that prevent you from updating your bank account information, read the message carefully and try again later.
@ tomas-archuleta-14
If a direct deposit failed at your bank, then your bank would send it back to whoever had sent it to your bank. So if it came from one of TurboTax-affiliated third-party banks to your bank, then it would go back to the third-party bank, who would then issue you a check in the mail. On rare occasions, the third-party bank might send it back to the IRS, but normally the third party bank sends you a check. So watch your mail carefully.
If you have any questions about how yours is being handled, you can phone TurboTax Support:
TurboTax Customer Support
https://ttlc.intuit.com/turbotax-support/en-us/contact/
Hours 5AM-5PM Pacific
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
tomas-archuleta-14
New Member
retsgta
New Member
rousemouse
Level 1
Vajamania0
New Member
floriatax
Returning Member