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chaseinit
New Member

IRS approved refund

The IRS approved my refund and states by Feb 25th into my account, if I paid Turbotax for up to 5 days early when will I get it, as its the 23rd now ?

 

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3 Replies
CatinaT1
Employee Tax Expert

IRS approved refund

Once your return is filed, TurboTax has no control over the processing or the timing when the IRS releases your refund. 

 

The IRS Where's My Refund site will not take into account the 5 days early, but if you signed up for the 5 Day Early product, you should receive your refund deposited 5 days prior to the date indicated by the IRS, assuming all conditions are met.

 

For more information click on the link below

5 Days Early Option

 

If you don't get your deposit 5 days early, there is a few reasons why that might happen.

 

  • Your refund was offset or differed from their estimated refund amount, bringing the refund amount below the minimum threshold or above the maximum. What is a refund offset?
  • Your bank wouldn't accept RTP (Real Time Payments) or Same Day ACH deposits, preventing Intuit from depositing your refund 5 days ahead of when the IRS would have deposited your refund.
  • The IRS didn't give Intuit 5 or more days of notice in advance. This stopped Intuit from meeting the 5 days early expectations.

If TurboTax is unable to deliver the refund 5 days early, your order will be canceled and you won't be charged the 5-Day Early fee. You will receive a follow-up email with a refund and timing update, and if any cancellation is applicable. 

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chaseinit
New Member

IRS approved refund

Not sure if you read my message correctly.

 

The IRS approved my return and it states funds available on the 25th FEB.

If I paid for up to 5 days early with TurboTax that then mean I should get it today or tomorrow, correct?

TurboTax still states Pending upon my login

CatinaT1
Employee Tax Expert

IRS approved refund

There are several reasons I referenced as to why you might not get your deposit up to 5 days early.

 

  • Your refund was offset or differed from their estimated refund amount, bringing the refund amount below the minimum threshold or above the maximum. What is a refund offset?
  • Your bank wouldn't accept RTP (Real Time Payments) or Same Day ACH deposits, preventing Intuit from depositing your refund 5 days ahead of when the IRS would have deposited your refund.
  • The IRS didn't give Intuit 5 or more days of notice in advance. This stopped Intuit from meeting the 5 days early expectations.

If TurboTax is unable to deliver the refund 5 days early, your order will be canceled and you won't be charged the 5-Day Early fee. You will receive a follow-up email with a refund and timing update, and if any cancellation is applicable. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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