As long as you haven't filed yet (or you e-filed but got rejected), you can simply step through the File section again to update your bank information.
- Once you sign into your return, Click the File section, click Revisit in the Step 2 section.
- On the How would you like to get your federal refund? screen, In my Bank should be selected. Click Continue.
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You will be able to update your account number on the next screen, Let's get your bank account info.
Workaround
If you want to change or edit the banking information that is shown,
- Make sure that the box stating "I want my refund deposited into this account" is unchecked.
- Scroll down to the bottom of the page and select Continue.
- You will be taken to a new screen titled, "Let's get your bank account info".
- This will allow you to enter the new or updated banking information that is to be used for your 2016 direct deposit.
Once your return has been accepted(or mailed), it's too late to change your bank account details in TurboTax for direct deposit. Generally, if the financial institution recovers the funds and returns them to the IRS, the IRS will send a paper refund check to your last known address on file with the IRS.
