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Returning Member
posted Mar 6, 2023 10:48:34 AM

My bank still didn't receive my deposit from turbotax yet even though it said today,

I received my state return but not my federal return even though it said it did, my bank has no info, turbotax I went on and said direct deposit 3/6/23, it's not there

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1 Replies
Level 15
Mar 6, 2023 10:50:40 AM

On the TurboTax Tax Home page the date for a federal tax refund is only an estimate based on the IRS target of 21 days to issue a refund after the tax return has been accepted.  This is not a guarantee.

 

Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.

 

Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund.

 

If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds

 

After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions