Question

Can my tax return direct deposit refund be deposited into a bank account with a different name on the account than my name?

Answer

No. This new tax refund direct bank deposit policy took effect January 2015.

Also, you can only have three direct deposit refunds from the IRS deposited into a single financial account.

The IRS changed the policy regarding the name on account(s) to fight fraud and identity theft.

 

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