Deductions & credits

MishawakaKirk

 

Yes, I've been using the direct debit function in TT for years.  The first time I used it, it failed.  TT asks if the bank account is a checking or savings account - at the time, I considered the account to be a savings account although the bank actually classified it as a checking account.  But having figured out that little wrinkle, it's been smooth sailing ever since.

 

And yes, its a great way to confirm that the transmission reached its destination.   My experience is that the IRS 'acceptance' comes within a few minutes of when I submit, and the bank transfer shows up the next business day.  The state return (in NY) takes a day or two longer for 'acceptance', and the bank transfer may not occur for several weeks.  But once I see the Federal bank transfer, I know that the process worked and I can relax.