PayPal would not be one of the options for getting your federal tax refund. The different options available are: Direct Deposit Buy U.S. Savings Bonds Apply your refund to next year's taxesWhat are the different options for getting my federal tax refund

Question

I read that i could deposit my refund to paypal but i just recieved an email saying i couldn't. Why?

Forum|Forum|6 years ago
February 16, 2020
5 replies
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TurboTax Deluxe Online

T

TiffanyL

PayPal would not be one of the options for getting your federal tax refund. The different options available are:

Direct Deposit
Buy U.S. Savings Bonds
Apply your refund to next year's taxes

What are the different options for getting my federal tax refund

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S

shelbievilleAuthor

Then why does the website for my prepaid paypal debit card say we can? And how do i fix that now that my taxes were accepted?

T

TiffanyL

Did you receive that email from TurboTax or from Paypal?

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E

Earvizo92

I am sorry you are this hardship. However it helped me out alot. I was one step away from commiting the same error. Let me explain.

If you requested for the fee to file to be taken out of your refund than it is not an option. You give permission for Turbo Tax to receive it first. By agreeing than your practially the 3rd party.

If IRS was doing directl DEPOSIT than it would have gone smoothly.

You know will now receive a check. Btw It will have a $30 fee deducted as well.

Read the fine print. It is stated in the paper you signed by agree for the file fee to deucted from refund.

Again I am sorry because it will take atleast 3 months. I say this from a similar experience in the past.

W

Wsljr3645

I used PayPal to receive both my tax refund and the stimulus payment. You will need to have a PayPal money card. Which you can request through the website.

B

BurlyBoyy92

So even though turbo tax takes there fees first they will still send to your PayPal cash card account?

T

TerukoL

Employee

When you sign up for Pay With My Refund, your refund will be handled through the Santa Barbara Tax Products Group (SBTPG, formerly SBBT).

You can go to the Santa Barbara Tax Products Group website if you need assistance with your refund.

Please click What is Refund Processing Service? to learn more.

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A

ACNH_FAN

Yes this is true I know because I did it and was sent on march 9 for direct deposit refund

HOWEVER there’s an catch you need the PayPal cash card Mastercard they give you an checking account number and routing number give that to your tax agent or put on the form even if not I rolled in direct deposit from employer it will still work worst case all it will do is bounce back and they re issue in an check

I’m trying to figure out why they don’t have mine posted even though irs saying they sent it for direct deposit my guess it will take few days business days not including weekends idk exactly what’s going on with mine personally but I know I gave the right information I know I did

T

Tbeason

I set up my refund to go on my paypal mastercard through direct deposit and it failed, can I submit the form for my paypal account again? The card accounts are switching from Wells Fargo to Bankcard Bank and the direct deposit info to my mastercard was changed

H

HeatherPLO

If your refund method failed, it will be routed back to the IRS which will then issue a paper check to the address on file. You are unable to change it after the return has been filed and processed. For more details on this, please see the Help Article here.

@Tbeason

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