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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.
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.
On Feb. 9 the IRS announced that taxpayers who file an amended tax return electronically can now choose direct deposit to expedite their refund.
The Internal Revenue Service recently issued a news release urging taxpayers to file their taxes electronically and have their tax refund direct deposited into their bank account.
The Electronic Federal Tax Payment System (EFTPS) and IRS Direct Pay are two different methods that taxpayers in the United States can use to pay their federal taxes. However, they differ in several aspects, including their features, payment options, and types of taxes that can be paid.
The United States Internal Revenue Service (IRS) uses forms for taxpayers and tax-exempt organizations to report financial information, such as to report income, calculate taxes to be paid to the federal government, and disclose other information as required by the Internal Revenue Code (IRC).
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