Benjamin Franklin once said the only things certain in life are death and taxes, and while he may be right, he probably would be blown away by the creation of technology. We can not only file our taxes electronically but also receive our tax refund via direct deposit. But what happens if you need to change your direct deposit information? The answer depends on several factors including if you already submitted your return. Read on to find out more.
Filing Your Tax Return Online and Getting a Refund
If you're a second-time customer of Turbo Tax and your bank information has changed since you last filed, simply file as usual and when you get to the How do You Want Your Refund section, select direct deposit and update your bank information.
Filing Your Tax Return Online and Owing
If you owe taxes and would like to pay through direct debit, simply select option one, which is direct debit, once you get to the How do You Want to Pay Your Taxes section and enter your bank account information. Please keep in mind paying your taxes by direct debit is not an option if you file your paper return by mail.
Verifying Your Information Before Submitting
If you wish to review your bank account information before submitting your return, simply click on the File section and click through the screens while following the prompts.
After You Submitted Your Return Either by Mail or Online
It's normally too late to make changes to your return after you submit it as it's considered pending or accepted. There are a few options.
After thousands of Turbo Tax customers came to GetHuman in search of an answer to this problem (and many others), we decided it was time to publish instructions. So we put together How Do I Update Y Account or Bank Account Information on Turbotax? to try to help. It takes time to get through these steps according to other users, including time spent working through each step and contacting Turbo Tax if necessary. Best of luck and please let us know if you successfully resolve your issue with guidance from this page.
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