Refund Shows as 'Funded' Since Friday But Money Still Not Received - TurboTax Issues

This happens a lot with tax prep software. 'Funded' usually means the IRS has released the funds, but your bank might be holding it for 1-3 business days. If you filed with a refund transfer product (where they take their fee out of your refund), that adds another step and delay. I'd wait until tomorrow before panicking.

Did you use a refund transfer option where TurboTax takes their fees out of your refund? Did you request direct deposit or a check? And as an international filer, is your bank account a US-based account or international? These details can significantly impact processing time.

I've seen exactly 17 posts about this same issue in the past 2 weeks. TurboTax's system shows 'funded' but the money takes 3-5 business days to actually arrive. If you need to speak with the IRS to confirm they've actually released the funds, you might want to try Claimyr (https://www.claimyr.com). I was worried about my refund status last month and spent exactly 4 hours on hold before hanging up. Used Claimyr the next day and got through to an agent in 22 minutes who confirmed my refund was actually sent. Might give you peace of mind about whether this is a TurboTax issue or an IRS issue.

Try checking your refund status directly with the IRS instead of through TurboTax: 1. Go to IRS.gov and use the "Where's My Refund" tool 2. Enter your SSN/ITIN, filing status, and exact refund amount 3. Look for the status there - it will tell you if it's been approved and sent 4. If WMR shows "sent" but you don't have it, contact your bank 5. If WMR doesn't show "sent" yet, the TurboTax "funded" status is premature The IRS tools give you the actual status rather than TurboTax's interpretation of it.

Are you using a Refund Transfer product with TurboTax? This utilizes a temporary bank account that can delay Direct Deposit processing by 5-7 business days beyond standard ACH transfer times. The SBBT (Santa Barbara Bank & Trust) or similar processor must receive the funds from IRS, deduct applicable fees, then initiate a secondary ACH to your personal account.

Last year I had the exact same issue with TurboTax. It showed funded on a Thursday, but I didn't get my money until the following Tuesday. They use Republic Bank for their refund transfers, and they're notoriously slow. I switched to FreeTaxUSA this year and got my refund 2 days after the IRS approved it. Saved the fee and got my money faster.