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Does turbo tax (or the IRS) automatically take out the money I owe, from my bank account?

 
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IreneS
Intuit Alumni

Does turbo tax (or the IRS) automatically take out the money I owe, from my bank account?

Yes - If you set it up, the IRS can directly debit your bank account for your tax balance due.  You can indicate this when you go through the FILING section of TurboTax.

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3 Replies
IreneS
Intuit Alumni

Does turbo tax (or the IRS) automatically take out the money I owe, from my bank account?

Yes - If you set it up, the IRS can directly debit your bank account for your tax balance due.  You can indicate this when you go through the FILING section of TurboTax.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Tlenocker
New Member

Does turbo tax (or the IRS) automatically take out the money I owe, from my bank account?

I can’t remember if I chose automatic deduction for what I owe like I wanted too.. how do I find out if I did?

MichelleLO
Intuit Alumni

Does turbo tax (or the IRS) automatically take out the money I owe, from my bank account?

You can verify if you chose direct debit by downloading/printing a copy of your tax return. Once you've done that, you can find this information on your TurboTax Electronic Filing Instructions page, Federal Information Worksheet Part V, and the State Information Worksheet, Part VII.

 

Please follow the below steps to view/print your tax return in TurboTax Online:

 

  • Sign back into your TurboTax online account 
  • Scroll down and click "Add a State"  (This is just a way to get you back into your tax return)
  • Next select "Tax Tools" (left column) and then "Print Center"
  • Select "Print, save, or preview this year's return"
  • Check the boxes for your Federal and State returns (this will open further options)
  • Choose to include the government and TurboTax worksheets 
  • Then click "View or Print Forms".

@Tlenocker

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