Can I have my refund deposited into two accounts?
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.
Does your refund look a bit different this year? Learn more about refundable tax credits and how they can affect your return from the tax experts at H
Need to know how to pay your taxes if you are paying in cash? Learn more from the tax experts at H&R Block.
Let H&R Block help you determine when your tax return will be deposited into your bank account based on the IRS refund schedule.
Learn how to have your tax refund deposited directly in your bank account with help from the tax experts at H&R Block.