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billz0
New Member

My import summary (These Documents Are Now Ready For Import) lists direct deposit info. What does this mean?

 
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2 Replies

My import summary (These Documents Are Now Ready For Import) lists direct deposit info. What does this mean?

I had the same question this year.  The answer I found was that turbotax now lets you import direct deposit info too if you want to easily set up direct deposit for your refund into the account you are importing.  I did not actually try using the feature though.  Personally, I decided I did not want my refund in that account so I simply did not import the direct deposit info and only imported the tax documents.

billz0
New Member

My import summary (These Documents Are Now Ready For Import) lists direct deposit info. What does this mean?

Thank you Wedge; I think you are correct and I have recommended your answer.  I do find TurboTax's import feature to be next to useless.  Every company I imported from had some hassle or other - albeit some were minor such as the one addressed in your answer.  Every form I imported had to be opened on the issuing companies website, with a review of their FAQs; in many cases adjustments in TurboTax were required. They (TurboTax) could do much better with the feature, starting with cut and paste of password fields, and including a whole set of FAQs on common problems and issues with import.    It is for me the most troublesome and least favorite part of the product.
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