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February 20, 2025
Question

Why was my 5 day early cancelled although my refund date is 2-2425

  • February 20, 2025
  • 1 reply
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    1 reply

    RachelW33
    February 21, 2025

    If TurboTax is unable to deposit your funds 5 days early, they will send you an email letting you know the reason and will refund the $25 fee that you were charged. 

     

    Per this TurboTax Help Article, here are some reasons the 5 days early may not work out: 5 Days Early Refund Delivery Options

     

    The receipt of your refund 5 Days Early is subject to IRS submitting refund information to us at least 5 days before the refund settlement date. IRS does not always provide refund settlement information 5 days early. You will not be eligible to receive your refund 5 Days Early if 

     

    (1) you take a Refund Advance loan

    (2) IRS delays payment of your refund

    (3) your bank’s policies do not allow for same-day payment processing. 

     

    5 Days Early fee will be deducted directly from your refund prior to being deposited to your bank account. If your refund cannot be delivered 5 Days Early, you will not be charged the 5 Days Early fee. 5 Days Early program may change or be discontinued at any time.

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