My fed ref'nd scheduled to be dep 2/5 into a RAC through H&RB-so when can I expect my ref in my own bank acct?I went through H&R Block and had my fees taken out of our deduction. I had to set up a temp bank acct via HRB so the IRS can deposit our refund there. Then it's suppose to be transferred via direct deposit to my regular bank account. Can someone advise how long it take to go from the HRB temp acct to my... |
From experience, my daughter used HR Block and had preparation fees deducted and then sent to her bank. HR Block received the refund from IRS on 1/29/10. We called HR Block to see when they would post and she advised they were processing refund deductions for their fees all day and would transfer funds to the accounts after 8 p.m. All weekend long my daughter's bank (Nat. City) did not show any pending transactions. We checked her account all morning Monday and it was credited to her account at 7:45 a.m. I hope this helps.
Dear Manny: When you use DD it will add 1-3 days to the process. Probably Monday. Talk to your bank to see what their procedures are in getting money transferred into your account.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent
