Update bank information

teyybayy — Wed, 23 Dec 2020 02:40:41 GMT

Re: Update bank information

xmasbaby0 — Wed, 23 Dec 2020 02:56:51 GMT

Your banking information cannot be changed after your tax return has been filed and accepted.

Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted. The IRS will begin to accept and process 2020 returns at the end of January 2021.

You enter/change banking information in the FILE section before you file your 2020 return. Changing it on the TurboTax site does not do any good until you file your return and the IRS processes your return. If they manage to start sending out stimulus checks before you can change your information, we hope the IRS provides a way for you to change it with the IRS. If your check goes to a wrong or closed account, it will be sent back to the IRS and then the IRS will mail a check to the address on your tax return.

From the IRS:

Bank Account Information

Where did the IRS get my bank information, and what if I need to change it? (updated May 15, 2020)

My bank account information has changed or was incorrect. Can I update it using the tool? (updated June 8, 2020)

No. To help protect against potential fraud, the tool does not allow people to change direct deposit information already on file with the IRS.

If we issue a direct deposit and the bank information is invalid or the bank account has been closed, the bank will reject the deposit. We will then mail your Payment as soon as possible to the address we have on file for you, and we will update Get My Payment to reflect the date your payment will be mailed. Typically, once the payment is mailed, it will take up to 14 days to receive the payment, standard mailing time.

Re: Update bank information

Brandon36Rhodes — Fri, 22 Jan 2021 17:50:30 GMT

[social security number removed]/[phone number removed]

Re: Update bank information

xmasbaby0 — Fri, 22 Jan 2021 17:53:24 GMT

@Brandon36Rhodes Not sure what you were trying to do---but it looks like you entered some personal information here that was luckily removed by the filter, This is a public web site that can be seen by anyone. Please do not try to post Social security numbers, email addresses, phone numbers, bank information etc. here.

topic Update bank information in Get your taxes done using TurboTax

Update bank information

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