You can direct your refund to any of your checking or savings accounts; you cannot direct your refund to someone else’s account (except for your spouse’s account, if this is a joint refund).

What is a refund deposit account?

A Refund Deposit Account enables those who select it to direct the payment of tax preparation and other fees from their income tax refund. You may receive a check or refund deposit directly from the IRS without obtaining a Refund Deposit Account or any other bank product and without incurring any additional costs.

Can I mobile deposit my tax refund check?

The types of checks you may be able to add to your account using mobile check deposit include personal checks, business checks, cashier’s checks and government-issued checks. This includes tax refunds and stimulus checks, such as those provided by the CARES Act.

How does refund transfer work?

The Refund Transfer (RT)1 is a bank product that allows tax preparation and other authorized fees to be deducted from your client’s tax refund. When tax refunds are issued by the IRS or states, the bank deducts all authorized fees from the refund and automatically forwards them to the appropriate parties.

Where can I deposit my tax refund check?

Anyone can deposit money into a bank account – although withdrawing money is not an option. You should not sign the back of the check until you are in front of the teller. If the check is already signed, you may be asked to sign it again. Going to an ATM to deposit a check could be an option, provided you know your relative’s bank card PIN number.

Can you give a refund check to a friend?

Giving your refund check to a friend or relative to deposit shouldn’t be a problem, if you know what to do. Generally, having the IRS direct deposit your refund into an account is easiest. However, there are situations – such as a refund on a past year’s return– where the IRS sends a paper check.

How long does it take to get a tax refund check?

Your refund check will be issued to the mailing address listed on your accepted tax return. This method usually takes 18-28 days to receive your refund in the mail. This is a good choice for those without a checking or savings account. What is the Debit Card Option? This option allows you to receive your state refund (s) by a debit card.

What to do if your refund is sent to the wrong bank account?

What to Do If Your Refund Is Sent to the Wrong Bank Account. If the numbers indicated on your tax return are correct but you did not receive your direct deposit, call the IRS and ask them to initiate a refund trace to recover your money.