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It may take a day or two for your bank to process the transaction. If your bank rejects the refund, it will go back to the IRS. A paper check will be sent to the address on your tax return. This may take a few weeks. If you chose to Pay with my Refund, your refund will go to a third-party bank, fees will be deducted, and the balance will go to your bank. This may take a couple of days.

I am having the same problem and spent over an hour on the phone with TT support yesterday without resolution.     I split out the interest on two different forms for blocks 1 and 3 and their associated blocks 11 and 12. For the "Total Accrued Interest Paid on Purchases" on schedule B, I used the "I need to adjust the interest reported on my form" when entering the information in the 1099-INT interest section for each form and split out the accrued interest between corporate and treasury bonds.   HOWEVER, the accrued interest numbers do not show up in Schedule B, Part 1 as a subtraction.  They are reflected in the total in line 2 but are missing as line items.  If I change the reason to "Other Adjustments", then the amount shows up as a subtraction. Specifically: Schwab (from block 1)   $20,003.10 Schwab (from block 3)   $10,383.71 [Missing subtraction of $835.31] Subtotal  $30,386.81 ABP Adjustment -$452.47   Block 2:  $29,099.03 The block 2 is correct in that it subtract the missing accrued interest figure of $835.31 but it is not supported in block 1.   Again, if I change the reason to "Other Adjustments" then the -$835.31 shows up in block 1 and the numbers all add up properly.  I can't add a note or comment to say it is for accrued interest on purchases.   Appreciate any help on this. Thank you.    

Expect a delay of at least several weeks (often 3–4 weeks or more) for the IRS to issue a paper check. If your bank rejected your refund check, it will go back to the IRS. The IRS will then send a paper check to the address listed on the tax return.

Yes, it probably will cause some delay, but we can't determine how long.  An offset is imposed by the IRS.   The IRS (Treasury Offset Program) sends the funds to the agency owed, and the remainder is then released to you. Keep checking the "Where's My Refund?" tool on the IRS website for updates, which are usually processed overnight. 

Follow-up to CatinaT 1 post of 2/16/2026.  On Monday (2/23/26) Schwab posted a memo in my account stating that data was now available, as opposed to an earlier email that stated updated data would be available 2/27/26. I tried to download on Tuesday (2/24/26) and received an error message 590.   This morning (2/25/26) I tried again using an Edge browser and instructions outlined in the post CatinaT on 2/16/26. In addition, I cleared the cache and cookies, set Tracking prevention to Basic, Site permissions/ All permissions/ Local network Access to Allowed (the dialog box "Ask before accessing" is turned on.   On downloading a dialog box will pop-up asking to allow or deny access to my hard drive. Click allow and the download was successful for all my Schwab accounts.   FYI: I was not using VPN and did not disable my Norton 360 anti-virus.  

Thanks @Montanagal1 . I am also having to do that for my situation in North Carolina. Right now my estimated payment amounts look too high. I still need to go over the instructions for that form from NCDOR to see what is wrong. These estimated payment sections seem to be a bit of an afterthought for TurboTax. The instructions are non-existent or incomplete. This is my first year doing estimated payments so I'm figuring it all out for the first time.

Never used it or never enrolled in it?   When the IRS rejects your return due to marketplace coverage, it means they are being told by the Marketplace that you had coverage through the marketplace and the policy you were on received an Advanced Premium Tax Credit.   If you never used the insurance, but you were enrolled in it, you will still have a 1095-A from the Marketplace.  Whether or not you used it, does not affect if it needs to be reported.  If you did not receive the 1095-A, you can contact the Marketplace to get your form.  You will then enter it on your return by selecting the following: Federal Deductions and Credits Medical Affordable Care Act (Form 1095-A) Also, if you were covered on a policy that someone else was the primary policy holder (such as your parents- who no longer claim you as a dependent) you will need to enter their form on your return (even if you never  used the insurance).  If this is the case, then  after you enter the 1095-A on your return, you will need to select I shared this policy with another tax payer.  You will then be given the opportunity to allocate the policy between you and the other taxpayer.  This number can be any number between 0% to 100% as long as you and the other party agree to that percentage and it adds up to 100%. If you cannot agree, then you would split it based on the number of people on the policy (ex. 2 people=50%, 4 people=25%)   If you have other coverage and you are enrolled because you are on someone else's policy, then you will need to have them remove you from the policy.    If you NEVER ENROLLED in marketplace insurance, you will need to contact the Marketplace to find out why they are reporting to the IRS that you did have insurance through them.        What is the Premium Tax Credit (PTC) and What is Tax Form 8962?