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Category: IRS Federal Reject Codes

Federal Reject Code F1040-107

The rejection you have received is due to more than one banking account being added to the return and you have chosen Bank Refund Transfer.  When you originally went through the electronic filing process, you chose to pay by credit, debit or prepaid card and entered more than one banking account.  When choosing Bank Refund Transfer you are only allowed to choose one bank account.  Please follow the instructions below, line by line, in order to fix this rejection.
 

1. Log into your TaxSlayer account

2. Click on "EFile" located on the navigation bar 

3. Select "Continue" with both the Federal and State returns checked (if applicable)

4. Click "Continue"

5. Click "Continue"

6. On this page, please select to "Use your credit, debit or prepaid card", even if you wish to "Deduct from your refund"

7. The next page will show the bank accounts that were entered into the return. Please choose which account you no longer wish to use on your return and click the red "Delete" button next to it. This will remove the extra account that is no longer needed.

8. Click "Cancel" at the bottom of the page and then select "Restart" the e-file process.

 

When you go through the electronic filing process again, you will be able to select "Deduct from your refund", if you wish to do so. You will be able to submit your return again and should not receive a rejection from the IRS.