TT Deluxe Desktop Windows
I am getting ready to e-file my returns with TT.
I am due a refund for my STATE taxes, but I owe money for my FEDERAL taxes.
I want to include bank information for my STATE taxes on the return so my refund can be automatically be sent to that account electronically.
But I DO NOT want to include ANY bank account information on my FEDERAL return because it will be paid from a different account AND because I am going to pay that online through my IRS online account. I do not want the federal tax due to be pulled from the same account as I plan to use on the STATE return. That would cause a rejection of the FEDERAL payment since there is not enough funds in that account.
Is this possible to do while e-filing or do both returns have to include the same payment information?
To recap, I want the bank information to appear on my STATE return so I can receive the refund to that bank account but I don't want ANY bank information to appear on my federal return since I will not be paying that with the return but separately online.
If it is possible, how do I do it?
NOTE: My state DOES allow direct deposit of the refund to my bank account.
Thank you.
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@TurboLover2 Yes. You can choose the "pay by check" option for the federal taxes owed and pay online. Then choose direct deposit for the state tax refund.
Yes, you can use different bank accounts for direct debit on the federal return and direct deposit on the state tax return.
In the File section of the program you will be asked for the bank information on both the federal and state sections.
Thank you.
So that means I can choose direct deposit to a bank account for my refund from STATE and choose to pay "by check" for my FEDERAL tax due? (I won't really be using a check I will be paying it electronically online but I assume the option to "pay by check" if that's what it says is the same thing.)
@TurboLover2 Yes. You can choose the "pay by check" option for the federal taxes owed and pay online. Then choose direct deposit for the state tax refund.
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