Expecting a tax refund? You can get it faster if you fill out the
direct deposit information on your tax return to directly deposit your refund
into your bank account.
Direct deposit is available for all taxpayers, regardless of how they file
their return - phone, computer or mail. Directly depositing your refund into
your checking or savings account is more secure because there's no check to get
lost. And it takes the U.S. Treasury less time than issuing a paper check. It
also saves you from making a special trip to the bank to deposit a paper refund
check.
If you mail a paper return, fill in the direct deposit information in the
"Refund" section. And if you're filing electronically, you can also
provide direct deposit information to have your refund deposited directly into
your bank account.
You may want to ask your financial institution if they accept direct
deposit, including joint tax refunds into individual accounts. They can also
verify the correct routing and account numbers that you will need on your return
when using direct deposit.
Although direct deposit can be used in most situations, it can't be used
when filing a prior year's return. Also, direct deposit will not occur if the
name on the tax return and bank account don't match. Direct deposits of refunds
won't go into foreign bank accounts, either. If, for some reason, the refund
can't be directly deposited into a taxpayer's account, the U.S. Treasury will
send a check instead.
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