Solved

I’m at the end of my refund and it’s asking for my banking information. I typed my bank name in and accounting and routing number and at the bid it says to type in a valid us financial insti

Forum|Forum|6 years ago
February 22, 2020
1 reply
0 views

I feel that I have typed in a valid financial institution. I don’t know what to do

TurboTax Free Edition Online

Best answer by Kat11_2

Once you've selected "Direct Deposit" as your refund method, you'll enter the routing number and your bank account number. There isn't a field where you enter the name of your bank. The routing number itself identifies the bank or financial institution.

So if you've entered a "name" of a bank, that's where you're making your mistake. Go back through the FILE section of your interview and enter only the routing number and your bank account number.

*Please click the thumbs-up icon if this response was helpful.
**Please click "Mark As Best Answer" if your question has been resolved. Thank you.

Kat11_2Answer

Employee

Once you've selected "Direct Deposit" as your refund method, you'll enter the routing number and your bank account number. There isn't a field where you enter the name of your bank. The routing number itself identifies the bank or financial institution.

So if you've entered a "name" of a bank, that's where you're making your mistake. Go back through the FILE section of your interview and enter only the routing number and your bank account number.

*Please click the thumbs-up icon if this response was helpful.
**Please click "Mark As Best Answer" if your question has been resolved. Thank you.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***