The IRS can deposit rapid tax refund directly into your checking or savings account. Direct deposit is faster and safer than having a check mailed to your home address.
Main Features of Direct Deposit:
Direct Deposit is :
(1) Free ( No Hidden Cost )
(2) Fast
(3) Safe
Direct Deposit is Free
Direct Deposit of your refund is a free service offered by the IRS and state tax agencies. Your tax preparer cannot charge you extra fees for using direct deposit. (This is forbidden by Treasury regulations governing tax professionals.)
Direct Deposit is Safe
There's no check to get lost in the mail, or stolen by someone else.
Direct Deposit is Fast
Not only is direct deposit faster because there's no check to mail out, it's also faster because the IRS sends out direct deposits earlier than they mail out paper checks. Generally, the IRS transmits direct deposits a full 7 days before they mail out a paper check.
Double Check Your Direct Deposit Information
Double check your Bank Routing Number and Bank Account Number when you fill out the direct deposit section of your tax return. These numbers are just as important as double checking your name, address, and Social Security Number. If you aren't sure what your bank numbers are, call your bank and ask.