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New Member
posted Feb 10, 2021 12:15:30 AM

When will I get my money on card

Because I got my fed tax return accepted by irs when will money be deposited to my card

0 3 330
3 Replies
Level 15
Feb 10, 2021 4:43:10 AM

Did you e-file?  Did you click that big orange button that said “Transmit my returns now?”  If so, your return is now in “pending” on a server.  Do not try to change anything while your return is in pending.

 

First your e-file is going to sit on the server until Friday February 12, 2021 when the IRS begins to accept/reject 2020 returns.   Watch your emails so you will know by then if your return is accepted or rejected.   If accepted, they try to process it within three weeks but it can be longer.  if you have earned income credit or additional child tax credit, it will be at least the end of February before you see your refund, due to the PATH act that requires that they hold your refund longer.

 

Once your federal return has been accepted by the IRS, only the IRS has any control.  TurboTax does not receive any updates from the IRS. Your ONLY source of information about your refund now is the IRS.

You need your filing status, your Social Security number and the exact amount  (line 34of your 2020 Form 1040) of your federal refund to track your Federal refund:   

https://www.irs.gov/refunds

To track your state refund:    

https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund

 

https://ttlc.intuit.com/questions/1901548-why-do-some-refunds-take-longer-than-others

If you chose to have your TurboTax fees deducted from your federal refund, that will take some extra time, while the third party bank handles the refund processing.

https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions

https://ttlc.intuit.com/questions/2840013-does-accepted-mean-my-refund-is-approved

https://ttlc.intuit.com/questions/2724106-my-return-is-accepted-but-still-not-approved-is-there-a-problem-should-i-be-worried

 

 

https://ttlc.intuit.com/questions/3397970-path-act-delayed-refunds-for-some-filers

 

 

Level 3
Feb 10, 2021 5:38:30 AM

People have already begun being accepted by IRS as part of a test batch. How long after confirming via WMR, TT email and text will the advance be deposited?

Level 15
Feb 10, 2021 6:14:46 AM

Once the return has been accepted by the IRS, if you have applied for the advance then the bank for the credit card will determine if they are going to do the advance or not. Being pre-qualified does not guarantee the advance will happen. Within 24 hours of acceptance, if you are approved for the advance, then the money should be on the card.  If you are not approved for the advance then you will not get any of the money until the IRS releases the refund.   All of that is in the fine print of the contract you signed.