Direct Deposit Puts Your Money in Your Pocket…
Don’t wait around for a paper check. Have your federal tax and state (if applicable) refund deposited directly into your bank account. Choosing direct deposit is a secure and convenient way to get your money in your pocket faster.
- Secure – There is no chance for a check to get lost in the mail. Thousands of checks are returned to the IRS by the U.S. Post Office every year as undeliverable mail. Direct deposit eliminates the possibility of not receiving your check and prevents your refund from being stolen.
- Convenient – The money goes directly into your bank account. You won’t have to make a special trip to the bank to deposit the money yourself.
- Easy – Simply provide our office with your bank routing number and account number when your return is prepared, and you will receive your refund far quicker than by check.
- Multiple Options – You can also electronically direct your refund to multiple accounts. With the “split refund” option, taxpayers can divide their refunds among as many as three checking or savings accounts and U.S. financial institutions. Refunds can also be directed into an IRA account or used to buy Series I Savings Bonds. A word of caution — some financial institutions do not allow a joint refund to be deposited into an individual account. Check with your bank or other financial institution to make sure your direct deposit will be accepted.
If you need more information about direct depositing your refund or the split refund option, we can discuss your options at your tax appointment.
