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February 25, 2025
Question

Refunds on it’s way

  • February 25, 2025
  • 1 reply
  • 0 views

So got a email saying refund is on its way, should be deposited by the next business day… so I check credit karma it won’t load. I’m on phone with them now. My money should be there. On my soul I will never use turbo tax ever ever again! If I knew I would get it in the day I could have used my own bank! 

1 reply

March 1, 2025

No money is received at the Bank prior to the date the IRS delivers funds to your bank account, often referred to as the refund settlement date.  A “settlement date” is the day when money is transferred from the treasury into the tax filer’s bank account. Intuit does not have access to your tax refund before the settlement date. When Intuit is notified of the customer’s refund amount and the settlement date from the IRS, typically five days prior to the settlement of the refund, Intuit provides the customer access to the refund amount while Intuit waits for the refund to fully settle at the Bank.

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