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New Member

Is there any way to change my direct deposit to a different bank. I can't access my old account

 
3 Replies
Level 15

Is there any way to change my direct deposit to a different bank. I can't access my old account

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.

 

Once a return has been accepted by the IRS you cannot change how you want to receive your refund.

 

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

https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-an...

 

https://ttlc.intuit.com/questions/1901159-can-i-deposit-my-tax-refund-into-someone-else-s-account

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
New Member

Is there any way to change my direct deposit to a different bank. I can't access my old account

I cancelled my old account due to I purchased a new home and it was better for me to use the federal credit union bank to pay my bills and also to have all my payments in the same basket , this was also recommended to me by the credit union for better interest rate.

Level 15

Is there any way to change my direct deposit to a different bank. I can't access my old account


@leosricardo wrote:

I cancelled my old account due to I purchased a new home and it was better for me to use the federal credit union bank to pay my bills and also to have all my payments in the same basket , this was also recommended to me by the credit union for better interest rate.


TurboTax does not store your bank account routing and account number.  When completing your tax return you enter the bank routing and account number in the File section of the program.  The bank information is sent with your tax return to the IRS or your state. 

 

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