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How can i update my bank acount

how do i add my finical accounts
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5 Replies
ReginaM
Expert Alumni

How can i update my bank acount

Whether you're able to change bank information depends on if you have already filed your tax return or not.

 

If you have not already filed your return to review and correct previously-entered bank account info, simply revisit the File section in TurboTax and step through the screens.

 

 

If you have already filed, and f the bank information you provided is for a closed or invalid account, the government will mail you a refund checkOnce your return has been accepted (or mailed), it's too late to change your bank account for direct deposit.

If the info you entered is someone else's account, don't worry – some banks won't deposit tax refunds into accounts where names don't match up.  The best way for you to track your federal refund is to call the IRS at 1-800-829-1040.

 

If your recently-filed return is in pending status, wait until it's either accepted or rejected.

  • If rejected, you can update your account and any issues that caused the rejection.   Open your return in TurboTax and go through the File section again to update your bank account before re-submitting your return.
  • If accepted, you'll get your refund check in the mail.

 

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FrankGo
New Member

How can i update my bank acount

Will my info update If I make an estimated payment on 2020 taxes?

 

 

LeonardS
Expert Alumni

How can i update my bank acount

No, your banking information will not update when you make an estimated tax payment.  You can update your banking information when you file your tax return.

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How can i update my bank acount

i need to change my bank acount number to the irs  i gave the wrong number

How can i update my bank acount


@b2500125155401 wrote:

i need to change my bank acount number to the irs  i gave the wrong number


Once the tax return has been filed the bank information cannot be changed.  If this is for a direct deposit of a tax refund, then the bank will reject the deposit for the refund and send the refund back to the IRS.  The IRS will then mail a refund check to the address on the tax return.  This process may take 3 weeks or longer.

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