Question

Can I have my refund deposited into two accounts?

Answer

Depositing your refund into two different accounts is known as a split deposit. However, you can’t directly deposit your refund into someone else’s account unless both of these apply:

  • It’s a joint refund.
  • The refund money is deposited into a joint account or an account controlled by your spouse.

Some banks won’t allow a refund from a joint return to be deposited into an account in the name of only one spouse. Confirm that your bank will allow you to deposit refund(s) into different accounts.

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