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Retirement tax questions
@Yyaya90 wrote:
I have already verified all of my information and it is correct. I’ve had the same exact bank for years now and have never had this happen before. I double checked routing, account #, names, address etc… and everything is correct. Why the IRS chose to mail my refund instead is beyond me.
Only the IRS can tell you why.
Here is the IRS website for federal tax refund FAQ's - https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
I requested a direct deposit refund. Why are you mailing it to me as a paper check?
There are three possible reasons. They are as follows:
- 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.
March 2, 2023
3:31 PM