Information from irs.gov
The best way to get your tax refund is via direct deposit. Here’s why:
Fast. By having your income tax return electronically filed by your tax preparer and electing direct deposit for your refund, you will receive your tax return faster vs waiting for a check to arrive in the mail!
Secure. The amount to be refund goes directly to your bank account — you don’t have to worry about a check getting lost or stolen in the mail.
Easy. Just provide your bank account and routing number to your tax preparer — via secure delivery — and your preparer will setup direct deposit when electronically filing your income tax return. And you can choose to have your refund split and deposited into more than one account — checking, savings, health, education and specific retirement accounts. Keep in mind that there is a limit of three direct deposits.
Taxpayers should deposit refunds into accounts in their own name, their spouse’s name or both. It is recommended that you avoid making a deposit into accounts owned by others. Some banks require both spouses’ names on the account to deposit a tax refund from a joint return. Be sure to review the direct deposit rules for your financial institution.
Need tax help or have questions on whether or not your need to file a tax return, give us a all.
