Regarding the wrong bank institution name on your tax return but the right account number and routing number
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No, this will not affect your refund. As long as the account number, routing number and your name match, your refund will be deposited into your account. The IRS knows the name of the bank based on the routing number.
No, this will not affect your refund. As long as the account number, routing number and your name match, your refund will be deposited into your account. The IRS knows the name of the bank based on the routing number.
Did you receive funds as expected? Currently experiencing this.
@Tsha91 No, this shouldn't affect your refund. As long as the account number, routing number and your name match, the bank should accept your direct deposit. The IRS knows the name of the bank based on the routing number and each bank is identified by their individual routing number.
Note: Once your refund status on the IRS shows "Refund Sent" it can take 1 to 5 business days for the financial institution to deposit fund into your account.
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