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Level 2
posted Feb 28, 2024 7:27:21 PM

Did not ask me if I wanted Direct Deposit of Refund in TT Business

I've checked everywhere in the Forms and Step by Step and cannot find where to tell TT that I want my part of the refund that isn't going to 2024 ES Tax as a refund Directly Deposited into my bank account! It tells me I will get a check! It doesn't ask me how I want my refund. HELP! Wanted to file tonight but it looks like I'll be printing a new Form 8453-FE with a new date when/if I ever am able to put my Direct Deposit info in TT! HELP!

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1 Replies
Expert Alumni
Feb 29, 2024 8:23:40 AM

No, there is no direct deposit option for refunds on Forms 1120, 1120-S, 1065, or 1041. 

 

Since those are the forms you can prepare in TurboTax Business, direct deposit isn't an option. You can apply your refund to the next year, or receive a check.