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Level 1
February 7, 2025
Question

Refund status

  • February 7, 2025
  • 1 reply
  • 0 views

I got a update in turbo tax saying I received my refund five days early today 02/07 but I haven’t received it in my bank account and the irs tracker is still on return received is this a error on turbo taxes part or do I have to wait a few more days 

    1 reply

    Level 15
    February 7, 2025

    If you received a Refund Anticipation Loan then that means that you are receiving the money direct from TurboTax and not from the IRS.  When the IRS processes your refund it will be sent to TurboTax to pay back your loan.

     

    Often the money doesn't hit the bank account until midnight on the day it is processed.  Keep checking with your bank.

     

    @Brad g02 

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    Level 15
    February 7, 2025

    Use the IRS refund site for reliable information.

     

     

    You need your filing status, your Social Security number and the exact amount  (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:   

    https://www.irs.gov/refunds

     

    Remember that the “”5 day early” date is based on the date given to you on the IRS refund site—-not the date the TT site shows in your account.   If your refund does not come in five days ahead of the IRS date, they are supposed to cancel the $25 fee.

     

    **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.**