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Can you change the direct deposit number on a tax return?

Writer John Peck

However, you can’t change the direct deposit account number on a return once it’s been accepted by the IRS. If the account number you entered is incorrect or belongs to another individual, the IRS will mail you your refund. A close-up of a U.S. tax form and bank notes.

What do I need to make a direct deposit to the IRS?

They will need to enter basic information including: Mailing address used on their tax return. Taxpayers needing to add their bank account information to speed receipt of their payment will also need to provide the following additional information:

How do I direct deposit my federal tax refund?

You can use your tax software to do it electronically. Or, use IRS’ Form 8888, Allocation of Refund (PDF) (including Savings Bond Purchases) if you file a paper return. Just follow the instructions on the form. If you want IRS to deposit your refund into just one account, use the direct deposit line on your tax form.

How can I update my direct deposit account?

But once the return gets accepted and posts, you’ll need to call the IRS at 1-800-829-1040. They can potentially update the direct deposit information for you if you act quickly enough.

How to correct direct deposit with the IRS?

To avoid such occurrences from happening again, you can update your direct deposit information next time you file a federal income tax return or any other tax form that requires you to enter direct deposit information. However, these mentioned apply if the IRS has already sent your refund.

How do I get a refund from my direct deposit account?

Call the IRS at 800-829-1040 if you discover you entered incorrect account information on your tax return. The IRS will issue you a refund check instead. Fill out Form 8888, Allocation of Refund, if you want to split your direct deposit refund among two or three different bank accounts.

What to do if your direct deposit is rejected?

If the IRS rejects it the first time, you have the chance to update the direct deposit info – along with fixing any other problems – before you resubmit it. But once the return gets accepted and posts, you’ll need to call the IRS at 1-800-829-1040. They can potentially update the direct deposit information for you if you act quickly enough.