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If you are filing a 2020 tax return, you will change your banking information when you go through the steps to file your return. The IRS will most likely use information from your 2019 return. If your banking information is incorrect, you will automatically be switched to receiving a check.
You cannot change a direct deposit for your 2019 return. The IRS may or may not have a portal for tax payers to enter their direct deposit information if they are not going to file a 2020 return. So far no news on how the IRS is going to handle the stimulus checks.
Your banking information cannot be changed after your tax return has been filed and accepted.
Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted. The IRS will begin to accept and process 2020 returns at the end of January 2021.
You enter/change banking information in the FILE section before you file your 2020 return. Changing it on the TurboTax site does not do any good until you file your return and the IRS processes your return. If they manage to start sending out stimulus checks before you can change your information, we hope the IRS provides a way for you to change it with the IRS. If your check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.
Well you can't thru TT and the IRS has not posted any info on this subject yet ...
Your banking information cannot be changed after your tax return has been filed and accepted.
Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted. You enter/change banking information in the FILE section before you file your 2020 return.
Changing it on the TurboTax site does not do any good until you file your return which cannot be done for the 2020 return until sometime in January at best.
If they manage to send out stimulus checks before you can change your information, we hope the IRS provides a way for you to change it with the IRS. If your check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.
If you are filing a 2020 tax return, you will change your banking information when you go through the steps to file your return. The IRS will most likely use information from your 2019 return. If your banking information is incorrect, you will automatically be switched to receiving a check.
You cannot change a direct deposit for your 2019 return. The IRS may or may not have a portal for tax payers to enter their direct deposit information if they are not going to file a 2020 return. So far no news on how the IRS is going to handle the stimulus checks.
Note the bank account is still open but it's blocked so I don't have a way to change it ain't nobody want to help me
@French187 This is a very old thread and you are adding to it, but we have no details from you. The IRS does not allow you to change the bank account you chose to have your refund sent to after you file your tax return. If the refund goes to a closed or incorrect bank account then the refund is sent back to the IRS and the IRS mails a check to the address on your tax return. You have not explained why your bank account is blocked----but that is an issue you have to resolve with the bank.
please help me change my checking account the one on here is closed [email address removed]
Did you already e-file? If you did NOT e-file you can go to the FILE section and change how you want to receive your refund. If you want direct deposit you need the routing number and your own account number.
You cannot change banking information while your return is in pending, nor can you change it after the return is accepted. The IRS does not allow it.
If you e-filed:
Banking information for direct deposit is wrong
If you entered incorrect banking information for your refund, you can change it if your return is rejected. If it is accepted, however, it is too late to change it. The bank will reject the refund and send it back to the IRS. Then the IRS will issue a paper check and mail it to the address you put on your tax return. Expect a delay of at least a couple of weeks to receive your refund.
Here is what the IRS says about entering incorrect banking information
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