Question

Refund

Forum|Forum|6 years ago
February 26, 2020
1 reply
0 views

My bank closed the account that my refund was scheduled to go indue to inactivity. The back didn't receive the deposit to reject. How long does it take for turbo tax to release the funds back to irs. Or can i change the account info it's grunge sent to?

X

xmasbaby0

Employee

Banking information for direct deposit is wrong

If you entered incorrect banking information for your refund, you can change it if your return is rejected. If it is accepted, however, it is too late to change it. The bank will reject the refund and send it back to the IRS. Then the IRS will issue a paper check and mail it to the address you put on your tax return. Expect a delay of at least a couple of weeks to receive your refund.

Here is what the IRS says about entering incorrect banking information

https://www.irs.gov/help-resources/tools-faqs/faqs-for-individuals/frequently-asked-tax-questions-answers/irs-procedures/refund-inquiries/refund-inquiries-18

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**