Hey, my Tax refund got accepted which was good, I used cashapp as my payment method, not my cashapp but my sister’s. So she changed the name to mine while the address is still intact. Is it still possible that IRS will deposit the money into the cashapp?
The IRS will send the deposit to the routing number and account number that you entered. The IRS does not check the name on the account, but the bank that receives the deposit might check the name.
Cash App is not a bank. This is very clearly stated on the Cash App web site. The Cash App banking services are provided by a third-party bank that Cash App partners with. It's up to the bank whether or not to accept the deposit that the IRS sends. As Critter-3 said, if the bank rejects the deposit the IRS will mail a check to the address you entered on your tax return.
At this point there is nothing you can do but wait and see what happens. It doesn't matter what you or Critter-3 or anyone else thinks.
The IRS will send the money to the bank account you listed HOWEVER the bank will probably refuse the deposit since your name is not on the account. If that happens then the IRS will convert it to a check mailed to the address on the return ... this process could take as much as a couple of months.
Check with CASHAPP and watch the IRS site to see when the refund is released : https://www.irs.gov/refunds
i believe it might work since the display name is already changed to be my name.
The IRS will send the deposit to the routing number and account number that you entered. The IRS does not check the name on the account, but the bank that receives the deposit might check the name.
Cash App is not a bank. This is very clearly stated on the Cash App web site. The Cash App banking services are provided by a third-party bank that Cash App partners with. It's up to the bank whether or not to accept the deposit that the IRS sends. As Critter-3 said, if the bank rejects the deposit the IRS will mail a check to the address you entered on your tax return.
At this point there is nothing you can do but wait and see what happens. It doesn't matter what you or Critter-3 or anyone else thinks.
So how did it go? I had my refund sent to a cash app Account that’s in my kids father’s name now I’m scared.. did you get the deposit or a check in the mail
If the Cash App account is not in your name, it may not get deposited, even if the Bank Info is correct.
If that happens, the bank will return your Refund to the IRS and they'll mail you a check to the address on your return.
You could reach out to the bank that handles the Cash App account to present that scenario to them, and see what their policy is.
The bank name associated with your account should be in the Cash App account, since there's a few different banks that handle their deposits.