From my experience, accepted means accepted and has gone to refund/payment processing.
When you file your tax return with Turbotax it is sent to the IRS e-file system. That IRS system does some quick checks of the return to be sure that it is in the proper format, that all SSN's are valid, that the SSN matches the name that is in the SSA data base, that no one has already filed a return with the same SSN's, etc. It does NOT check the validity of any tax INFORMATION that you put on the tax return. If the e-file return passes all of the checks it is ACCEPTED (for further processing). -- If it is rejected you can correct the errors and re-file.
The main IRS processing system then gets the return for normal processing of both e-filed and paper filed tax returns. The main processing system checks the DATA on your return, cross checks W-2 information, etc., and issues a refund.
Two different systems.
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