topic federal funds never came out of my bank in After you file

federal funds never came out of my bank

ablckros — Mon, 20 Jul 2020 21:46:46 GMT

Re: federal funds never came out of my bank

MrsKat-46 — Sun, 02 Aug 2020 15:45:07 GMT

I have not received my refund yet. Why

Re: federal funds never came out of my bank

DoninGA — Sun, 02 Aug 2020 15:46:00 GMT

@MrsKat-46 wrote:

I have not received my refund yet. Why

Did you e-file your tax return and was it accepted?
Only the IRS and your State control when and if a Federal or State tax refund is Approved and Issued.

You complete your tax return by finishing all 3 Steps in the File section. In Step 3, to e-file your tax return, you must click on the large Orange button labeled "Transmit my returns now".

After completing the File section and e-filing your tax return you will receive two emails from TurboTax. The first email when your tax return was transmitted and the second email when the tax return has either been accepted or rejected.

Note - Once a tax return has been Accepted by the IRS or a State, TurboTax receives no further information concerning the tax return or the status of any tax refund. Only the taxpayer listed on the tax return can obtain the status of a tax refund or a tax return.

To check the status of an e-filed return, open up your desktop product or log into your TurboTax Online Account. You can find your status within the TurboTax product.
If accepted by the IRS use the federal tax refund website to check the refund status - https://www.irs.gov/refunds
If accepted by the state use this TurboTax support FAQ to check the state tax refund status - https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund

After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
See this IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
If over 21 days since being Accepted by the IRS and the tax refund is still Processing you can call the IRS and speak with an IRS agent concerning your tax refund.
Call the IRS: 1-800-829-1040 hours 7 AM - 7 PM local time Monday-Friday
When calling the IRS do NOT choose the first option re: "Refund", or it will send you to an automated phone line.
So after first choosing your language, then do NOT choose Option 1 (refund info). Choose option 2 for "personal income tax" instead.
Then press 1 for "form, tax history, or payment".
Then press 3 "for all other questions."
Then press 2 "for all other questions."
- When it asks you to enter your SSN or EIN to access your account information, don't enter anything.
- After it asks twice, you will get another menu.

Press 2 for personal or individual tax questions.
Then press 4 for all other inquiries
It should then transfer you to an agent.

Re: federal funds never came out of my bank

Merma1ds — Mon, 03 Aug 2020 18:51:30 GMT

Why wasn’t my income tax never taken out of my credit card? I now have to pay late fees. Can you provide a letter stating you didn’t take the amount so I can send it to the Virginia Department of Taxation and get a refund of the late fees.
Lisa Lane. [email address removed]

Re: federal funds never came out of my bank

VolvoGirl — Mon, 03 Aug 2020 18:55:02 GMT

Turbo Tax doesn't pay the tax due. It just sends the info to the state for the state to charge you. BUT...Check the printout or PDF of your return; look for the state cover sheet with the Turbotax logo. If you owed tax, it will show the payment information and how/when you decided to pay. Read the state payment instructions carefully since most states cannot be paid from within the TT system and requires additional steps.
https://ttlc.intuit.com/community/refunds/help/what-are-my-options-for-getting-my-state-refund-or-for-paying-any-state-taxes-i-owe/00/25954

Re: federal funds never came out of my bank

wupsh15 — Tue, 04 Aug 2020 04:57:50 GMT

I haven’t received my refund yet either.

This is BEYOND frustrating. I filed in March.

I’m NEVER using TurboTax again I’d rather Pay someone to do my taxes here I’m still being charged $134.88. TurboTax keeps sending me emails wanting their money & I check the box that their payment was going to be automatically taken out so why are they bugging me when I haven’t gotten my refund.smh

Re: federal funds never came out of my bank

VolvoGirl — Tue, 04 Aug 2020 05:01:39 GMT

Sounds like the IRS is taking too long to send your refund or reduced it. See What if the IRS reduces your refund or delays it.
https://ttlc.intuit.com/community/payments/help/what-if-my-federal-refund-isn-t-enough-to-cover-my-turbotax-fees/00/26313

Then when the IRS does send your refund they won't take the fees out again.

And, Why you got charged,
https://ttlc.intuit.com/community/charges-and-fees/help/why-was-my-bank-account-auto-debited-for-turbotax-fees/00/26102

You should have received about 4 emails asking for the fees. If you don't pay they will debit your account. You had to agree to it.