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June 8, 2019
Question

I was told by turbo tax rep that what I owe turbo will come out of my account on May 3rd? It is now May 4th and nothing has been taken out? Why?

  • June 8, 2019
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1 reply

Employee
June 8, 2019

If Turbotax initiates a debit from your bank account to pay your fees (because you used refund transfer and your refund was delayed or canceled by the IRS) it can take up to 2 business days to appear at your bank account, depending on their policies and procedures.

Employee
June 8, 2019
May 3 was a Friday.  Saturday and Sunday are not business days.