How can I change my banking direct deposit information after I have filed my return?

Forum|Forum|6 years ago
June 7, 2019
51 replies
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I need to change my banking information for direct deposit ASAP. The bank accout information for direct deposit on my return is to an account that no longer exist. Please let me know what I can do to fix this, thanks

TurboTax PLUS Online

Best answer by Bea11_2

Hi Hitme,
If you have already filed your return you cannot change your information. You would have to wait until your return gets accepted or rejected (January 31st is when the IRS opens their efile system). If your return gets accepted,
you will not be able to make any changes.

If your bank information is incorrect, the bank will reject the deposit and return the funds to the IRS. The IRS will automatically switch you to receiving a check. The IRS will then mail you a check for the refund.

If your return gets rejected, you can then go back through the file interview to make your changes. For the online editions of TurboTax click on File located on the left side of the online program screen. Go through the interview in File and
you will come to the screen where you can enter the correct bank routing and account information.

I hope that this information helps you out.Thanks for choosing TurboTax and Good Luck, Bea

Show previous replies

biggrikk

I have no idea why the IRS does not implement a section in their website to allow tax payers an opportunity to make changes to their bank account routing and account numbers. This is unacceptable on the IRS's behalf.

In my opinion, the IRS should take heed on how the Employment Development Department (EDD) provides unemployment payments to recipients out of work. The EDD provides a debit card to the recipient and deposits money into the card account. The debit card doesn't care whether the recipient has changed their personal banking information, or if he/she even has a bank account at all.

I would rather have the IRS deposit my refunds into an IRS debit card rather than into a bank account.

biggrikk

I would like to also add that the EDD debit card works just like any other bank issued debit card. It's accepted by any retailer, gas station, restaurant, etc.

I don't know about the EDD organizations in other states, but here in California, the debit card is issued by Bank of America. Again, I'd like to mention that this card can only accept deposits from the unemployment office. Once you use up all the money on the card, you will have to wait until the unemployment office sends another deposit during the next period of unemployment weeks.

Any changes can be easily performed by the recipient logging into his/her account. And yes... there's an app for that as well. The debit card number never changes and remains the same even after the recipient lands a new job.

The only way a card number will change, is if the recipient reports a lost or stolen card. The same method all banks and credit card companies do when a member's card is lost or stolen.

The IRS should really take the time to upgrade their methods of depositing tax refunds and other Government stimulus so that the majority of us don't have to get the run-around trying to figure out if funds have been deposited or not. I think the debit card feature is the best method overall to ensure that the tax payer knows where their money is. A new IRS webpage can be created specifically for card holders so that they don't have to get lost within the vast realm of the main IRS website as what most of us have been accustomed to since the Internet was invented.

Nazbaz

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glennfrasier 4500

I need to change my Account number on my taxes information

Nkak2323

How can I change my direct deposit banking information? Old account no longer exists.

DoninGA

Employee

@Nkak2323 wrote:

How can I change my direct deposit banking information? Old account no longer exists.

TurboTax does not store your bank information.

Once a tax return has been filed the bank information cannot be changed.

When you file the 2020 federal tax return you can enter the bank routing and account number for a direct deposit of a federal tax refund in the File section of the TurboTax program.

Sexylady671

How can I change my banking information

DoninGA

Employee

@Sexylady671 wrote:

How can I change my banking information

TurboTax does not store your bank information.

Once a tax return has been filed the bank information cannot be changed.

When you file the 2020 federal tax return you can enter the bank routing and account number for a direct deposit of a federal tax refund in the File section of the TurboTax program.