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Can tax refunds be deposited into my Venmo account

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2 Replies

Can tax refunds be deposited into my Venmo account

Does that account have a routing number and an account number?  Make sure you know the numbers and enter them correctly.

 

 If you did NOT e-file you can go to the FILE section and change how you want to receive your refund.  If you want direct deposit you need the routing number and your own account number.

 

You cannot  change banking information while your return is in pending, nor can you change it after the return is accepted.  The IRS does not allow it.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
ErnieS0
Expert Alumni

Can tax refunds be deposited into my Venmo account

Yes. According to Venmo, “You can provide your Venmo Direct Deposit account number to the government for unemployment payments, tax refunds, Social Security payments, and more. Venmo’s Direct Deposit feature allows for recurring payments, such as unemployment funds, or one-time payments, such as tax returns.

 

When providing your Direct Deposit details to an employer or other issuer, please be sure to confirm your account and routing numbers as they appear in your Venmo app. By failing to provide the issuer with your correct account and routing numbers, Venmo may be unable to deliver your funds to the correct account. Venmo is not responsible for the non-delivery of funds based on incorrect account information provided."

 

See Government Payments via Direct Deposit

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