The public announcement from TurboTax said in part that deposits did begin on January 8 (a Friday). However, due to bank processing, it may take a few business days (perhaps by Monday or Tuesday), before a direct deposit is reflected in someone's bank account. The same is also true of the IRS website, which is updated daily, but probably not on the weekend. We are understanding that our customers need these funds quickly and we are working hard to send these out as quickly as possible.
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