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After you file
Probably. To be sure, you need to discuss this with your bank. The IRS will send the deposit in your name--the name on the return. The bank should be able to say whether the bank's computer will match this with the business name.
It would have been better to have the refund deposited in your personal account and then transfer the funds to the business account. It would have been a clearer way of showing your investment in the business.
March 5, 2021
5:17 AM
5,240 Views