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The IRS website said my refund was sent to my bank account feb 27th. Why have I not recieved it yet and no updates show on my turbo tax account?
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The IRS website said my refund was sent to my bank account feb 27th. Why have I not recieved it yet and no updates show on my turbo tax account?
It can take your bank (or the card issuer) 1-5 days to credit the deposit. If you are having TT fees deducted from your Federal refund, this can add a day or so.
More generally, the IRS issued a slew of refunds on Wednesday, Feb 27 (2 days ago). It's likely that banks (including the one that takes out TT fees) are dealing with a large quantity of incoming deposits in their pipelines. This can result in delays.
TT does not receive tax refunds, and is not notified when refunds are issued.