Will the IRS attempt to resend a refund back out using direct deposit if my bank sent it back because it was a large amount?
My refund is 30,000 and my deposit limit is 15,000 so my bank sent it back, will they send it back in portions?
03508
3 Replies
Bsch4477
Level 15
Jul 14, 2022 9:42:37 AM
The IRS will send you a check.
xmasbaby0
Level 15
Jul 14, 2022 10:42:49 AM
When a bank refuses the direct deposit and returns it to the IRS, then the IRS issues and mails a check to the address on your tax return. So watch your mailbox. It takes several weeks but they mail a check via first class mail--without any sort of tracking-- and you need to make sure you open all of your mail---do not assume anything is junk mail -- open it all before you toss anything.