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rbb2016
New Member

Is there a dollar limit on direct deposit returns?

 
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5 Replies
PhilipK
New Member

Is there a dollar limit on direct deposit returns?

No. Why do you ask?
rbb2016
New Member

Is there a dollar limit on direct deposit returns?

This is the first time I've used TurboTax, The person doing my taxes before told me their system had a limit and it went to check and came many weeks later.
IreneS
Intuit Alumni

Is there a dollar limit on direct deposit returns?

No.  The IRS has no dollar limit on direct deposit of refunds.  However, direct deposit must only be made to accounts bearing the taxpayer’s name.

Also, In an effort to combat fraud and identity theft, new IRS procedures effective January 2015 will limit the number of refunds electronically deposited into a single financial account or pre-paid debit card to three. 

The fourth and subsequent refunds automatically will convert to a paper refund check and be mailed to the taxpayer.

For more information, see IRS Direct Deposit Limits.





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Is there a dollar limit on direct deposit returns?

If my tax return is over 10,000 will they still do direct deposit?

Is there a dollar limit on direct deposit returns?

The IRS will do the DD  but will your bank/debit card accept a deposit that large ... that is the question you have to ask your bank. 

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