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If you chose to have your TurboTax fees deducted from your federal refund then the banking information on the tax form is the information to send your refund to the third party bank. That bank gets your refund first from the IRS. They take out your TurboTax fees and send the rest to you---and that bank has YOUR direct deposit information.
Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund. This option also has an additional charge from the bank that processes the transaction.
You can contact them SBTPG, toll-free, at 1-877-908-7228 or go to their secure website www.sbtpg.com
https://ttlc.intuit.com/questions/2580357-who-provides-the-refund-processing-service
Once your return has been accepted (or mailed), it's too late to change direct deposit bank account information. If the information provided is for a closed or invalid account, or the name is not exactly the same on your bank account and tax return, the government will mail you a refund check. Please see the information here on the IRS website for assistance.
If you lost your refund check, you should initiate a refund trace:
Use Where's My Refund, call us at 800-829-1954 and use the automated system, or speak with an agent by calling 800-829-1040 (see telephone assistance for hours of operation).
Your claim for a missing refund is processed one of two ways:
For more information visit the IRS Refund Inquiries website.
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