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The tool allows Americans to follow the scheduled payment date for either a direct deposit or mailed payment.
How long does it take to get your tax refund via direct deposit? For 9 out of 10 tax filers, the IRS reports that refunds are received within 21 days of processing the tax return.
Direct deposit is a payment option where your funds are electronically transferred to your checking or savings account, eliminating a need for physical checks.
A TreasuryDirect account holder can direct the Treasury to deposit all or part of their income tax refund into their account using IRS Form 8888. A person can also instruct their employer to direct deposit an amount from each paycheck into their TreasuryDirect account, which replaced an earlier system where an employee could instruct their ...
As of 2006, tax filers may split their tax refund with direct deposit in up to three separate accounts with three different financial institutions. This has given taxpayers an opportunity to save and spend some of their refund (rather than only spend their refund).
If you chose to e-file your taxes and opted for a refund via direct deposit, you should receive your refund within 21 days after you file.
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