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New Member
posted Feb 24, 2020 4:51:46 AM

My refund was approved, when will it deposit

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1 Replies
Intuit Alumni
Feb 24, 2020 1:39:26 PM

TurboTax does not receive updates from the IRS once they have accepted your return. The date given in TurboTax is an estimate of when you may receive your return. The IRS gives the actual deposit date and issues most refunds in about 21 days, although some returns take more time to review.

You will find the most current information on the IRS website.

https://www.irs.gov/refunds

See this information if your refund is taking longer to process:

https://ttlc.intuit.com/community/refunds/help/why-do-some-refunds-take-longer-than-others/00/26163

Additionally, the following link provides helpful information on estimated refund due dates based on date of filing: https://www.cpapracticeadvisor.com/tax-compliance/news/21123770/chart-shows-estimated-irs-income-tax-refund-dates-for-2020