MChevy422
Returning Member

TurboTax states that both my federal and state were ‘Accepted’ but IRS tool only says ‘Received’ and not ‘Approved’.

I’m just curious to know what exactly does it mean when TurboTax says it’s Accepted?
The way the TT Accepted emails are worded, it made me think they were Accepted & Approved by the IRS and the only thing I’m waiting on is the refund to be deposited.

But after visiting the IRS tool, I’m not sure if my return is Accepted and Approved by the IRS and the IRS tool is lagging behind TurboTaxs software or if Accepted just means the IRS has only received it and not necessarily means it’s Approved; therefore I’d be waiting for the approval of the IRS before Id be waiting for the refund to be deposited. 

Anyone with some insight on this? If so, I would sincerely appreciate you taking the time to comment to help me get some clarification on this.