1785833
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

If that is the refund on your tax return and the IRS approves it then yes you will get it in your bank account if you enter your bank routing number and bank account number.  

 

The IRS won't open filing until Jan 27, 2021 then it might take a long time to process all the returns.

View solution in original post

6 Replies

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

Refund from what?  Your 2020 tax return?  19,000 seems like a lot.  Is that the refund on 1040 line 35a?  Or federal and state combined?  Federal and state come separately at different times.

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

That’s just federal tax refund only So my question is will that be the total amount to be deposited into my bank account ? 

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

If that is the refund on your tax return and the IRS approves it then yes you will get it in your bank account if you enter your bank routing number and bank account number.  

 

The IRS won't open filing until Jan 27, 2021 then it might take a long time to process all the returns.

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

Oh, it could be less if you have the Turbo Tax fees deducted from it or the IRS keeps part of it for something you owe like back taxes or child support.

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

Oh thanks for the heads up I hope I get it because I did everything right 

I have a total refund of 19000 is that the total payment I will be getting in my bank acccount

That seems very large.  Did you have that much withholding taken out of your W2 and 1099 forms?  You can't get that much back unless you first paid in more than that.  Did you make any estimated payments?  Better double check every line and amount on your return before you file. Compare it to last year.  Hope you didn't make a typo and enter an amount wrong.

 

Before filing,  You can preview the 1040 or print the whole return

https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question