What bank does TurboTax use?

Asked by: Vanessa Pouros  |  Last update: February 9, 2022
Score: 4.8/5 (71 votes)

Santa Barbara Tax Products Group, LLC (SBTPG) is the bank that handles the Refund Processing Service when you choose to have your TurboTax fees deducted from your refund.

What bank does TurboTax use for loans?

Intuit TurboTax's refund advance loan is funded by First Century Bank. Minimum federal tax refund amount: $500, but a higher refund amount makes you eligible for higher loan amounts. Loan amounts: $250, $500, $750, $1,000, $1,500, $2,000, $2,500, $3,000, $3,500 or $4,000.

What bank is turbo card through?

Your Turbo Debit card is offered through the Green Dot Corporation's Green Dot Bank. Green Dot Bank is an FDIC member, so your funds are secure.

Does TurboTax use Green Dot Bank?

The Turbo® Visa® Debit Card is provided by Green Dot Corporation and is issued by Green Dot Bank pursuant to a license from Visa U.S.A Inc. ... Visa is a registered trademark of Visa International Service Association.

Does TurboTax use a third party bank?

TurboTax uses a 3rd party bank, so you can check o...

How TurboTax Scammed American Taxpayers out of Billions of Dollars

34 related questions found

How do I find my TurboTax bank?

To verify your bank account numbers:
  1. Log back into TurboTax and select the "Take Me to My Return" button, then select the File button (left hand side in black box).
  2. As you walk through the questions, make sure that the box stating "I want my refund deposited into this account" is checked.

Does TurboTax give the IRS my bank account?

Yes, when you file with TurboTax and select direct deposit your banking information and address on your tax return is provided to the IRS.

Where is Green Dot Bank located?

About Green Dot Corporation

The Company is headquartered in Pasadena, California with Green Dot Bank located in Provo, Utah .

Will my stimulus go to my Green Dot card?

To get your stimulus payment deposited in your Green Dot bank account, you can use the "Get My Payment" tool from the IRS to send that info directly to the Department of Treasury. ... Alternatively, if you got your tax refund on a Green Dot card, your stimulus will automatically be deposited there.

What bank does Green Dot use?

Green Dot is proud to partner with Bonneville Bank and the U.S. Treasury to help more Americans enter the financial mainstream with their own prepaid debit card account and avoid the cost and the time involved in otherwise waiting for and cashing a tax refund check," said Steve Streit, Chairman and CEO, Green Dot ...

Can you see pending deposits on turbo card?

Good luck to all who are still waiting and remember TURBO DEBIT CARD DOES NOT have the ability to show you pending deposits!

How long does it take TurboTax to direct deposit?

9 times out of 10 Direct Deposits typically take less than 21 days. You can also track your refund by using : Our Wheres My Refund tool: https://turbotax.intuit.com/tax-tools/wheres-my-refund/

Does Credit Karma give tax advances?

You'll get your Refund Advance funds typically within one hour of the IRS accepting your e-filed federal tax return (estimated late-January). You'll receive an email from Credit Karma when your Refund Advance funds are available to spend. You'll receive a physical card in the mail in 7-14 days.

Can I get a loan on my stimulus check?

Is the stimulus check a loan? No, the upcoming third round of stimulus checks is not a loan. Additionally, the third economic payment will not count as a taxable form of income, cannot be garnished, will not count towards owed taxes and you're not required to pay it back.

Is GoBank and go2 bank the same?

GoBank also operates under the following registered trade names: Green Dot Bank, GO2bank and Bonneville Bank. All of these registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank.

Is Green Dot a real bank account?

Green Dot Bank is an online bank that offers competitive rates through its high-yield savings account and unlimited cash-back rewards via its spending account. In business since 1999, Green Dot is part of the Green Dot Corporation. Customer Service Phone: 866-795-7597.

Does IRS have my direct deposit information if I used TurboTax?

Yes, if your tax return has your personal bank information that was used to either receive a direct deposit of your refund or was used to pay your tax due then the IRS has your bank information to use for your direct deposit of your stimulus check.

Are TurboTax customers getting stimulus?

The IRS has begun issuing stimulus payments using the most recent information they have on file, likely from your 2019 tax return, either by direct deposit or by check. ... TurboTax will guide tax filers through the process of claiming the Recovery Rebate Credit so that eligible filers get every dollar they deserve.

Will TurboTax users get a direct deposit of the stimulus?

For those tax filers, who have not yet filed a 2019 tax return, TurboTax recommends that they file their 2019 tax return now to get their tax refund and stimulus check quickly. ... Users simply answer a few questions and then choose to receive their payment via direct deposit or check.

Can you change direct deposit information on TurboTax?

Your banking information cannot be changed after your tax return has been filed and accepted. Banking information does not go from TT to the IRS until you file your 2020 tax return and it is accepted.

How do I find out what account My taxes went into?

Other ways to find your account information
  1. You can request an Account Transcript by mail. ...
  2. If you're a business, or an individual who filed a form other than 1040, you can obtain a transcript by submitting Form 4506-T, Request for Transcript of Tax Return.
  3. Find more assistance.

Why is the IRS sending me a check instead of direct deposit?

In this case, the IRS will send you a paper check for the entire refund instead of a direct deposit. You incorrectly enter an account or routing number and the number passes the validation check, but your designated financial institution rejects and returns the deposit to the IRS.