Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 6, 2019 1:09:42 AM

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

0 2 1136
2 Replies
Level 3
Jun 6, 2019 1:09:44 AM

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.

New Member
Jun 6, 2019 1:09:45 AM

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.