If you're getting a refund, we'll ask for
your bank account info once you choose the direct
deposit option (it's on the How
Do You Want Your Federal Refund? screen in the File section). If you transferred in information from your 2016 tax
return, you may be shown the same bank information that was used last
year to have your refund direct deposited. If you want to change or edit the
banking information that is shown, make sure that the box stating "I want my refund deposited into this
account" is unchecked. Scroll
down to the bottom of the page and select Continue.
You will be taken to a new screen titled, "Let's get your bank account info".
If
you have already filed your tax return, you can not make any changes as to how
your refund will be paid. The IRS rules state that taxpayers cannot
rescind a Direct Deposit election and they cannot make changes to routing
transit numbers of financial institutions or to their account numbers after the
IRS has accepted the return. Refunds that are not direct deposited because
of institutional refusal, erroneous account or routing transit numbers, closed
accounts, bank mergers or any other reason are issued as paper checks,
resulting in refund delays of up to ten weeks.
