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After you file
The IRS will not deposit more than 3 electronic refunds into a single financial account per year.
If your friend chose direct deposit and received a mailed check instead, here are 3 possible reasons:
The IRS says:
- We can only deposit refunds electronically into accounts in your own name, your spouse's name or in a joint account.
- A financial institution may reject a direct deposit.
- We can’t deposit more than three electronic refunds into a single financial account.
June 4, 2019
12:07 PM