330578
You'll need to sign in or create an account to connect with an expert.
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.
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.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
eanderson218
New Member
reynadevin28
New Member
HNKDZ
Returning Member
ahkhan99
New Member
pmrbgr5099
New Member