Will my federal and state tax return be deposited at the same time?

Forum|Forum|7 years ago
June 7, 2019
3 replies
0 views

my card will only let me deposit $7500 at a time

TurboTax PLUS Online

Best answer by xmasbaby0

Your refunds are coming from two completely separate sources, the U.S. Treasury, and the state treasury of whatever state you filed in. So no telling if they will arrive at the same time.

xmasbaby0

Answer

Level 15

Your refunds are coming from two completely separate sources, the U.S. Treasury, and the state treasury of whatever state you filed in. So no telling if they will arrive at the same time.

**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.**

JRIDDIC75

Level 2

Does IRS get my direct deposit from my return if I owe IRS and a direct deposit from the state of Michigan

VolvoGirl

Level 15

If you owe it is not a deposit but a Debit. You can have Direct Debit set up for IRS. Don't know about your state.

Check the printout or PDF of your return; look for the state cover sheet with the Turbotax logo. If you owed tax, it will show the payment information and how/when you decided to pay. Read the state payment instructions carefully since most states cannot be paid from within the TT system and requires additional steps.

https://ttlc.intuit.com/community/refunds/help/what-are-my-options-for-getting-my-state-refund-or-for-paying-any-state-taxes-i-owe/00/25954

jzmagana1

Level 2

They do not come at the same time.

mykaytya

Level 2

A lot of companys will for-go their limitation on funding as long as the funding is from a Tax Revenue place. You can also call your company to let them know that you are expecting direct deposits and they can make a note on your account.