The best and fastest way to get your tax refund is to have it electronically deposited for free into your financial account. The IRS program is called direct deposit. You can use it to deposit your refund into one, two or even three accounts. Eight out of taxpayers get their refunds by using Direct Deposit.
WASHINGTON — With tax season beginning soon, the Internal Revenue Service reminds taxpayers that choosing to have their tax refund directly deposited into their checking or savings account is the fastest way to get their money. Tax refund checks are drawn directly on the US Treasury.
If you opted for direct deposit, the refund will go directly to your bank from the US Treasury. If you opt to have your tax prep fees deducted from your refun your. There is no bank on the IRS end.
Any payments that they receive are cleared directly into the US Treasury. Checks are processed electronically and electronic transfers go straight into the US Treasury. Getting a tax refund is welcome news for any taxpayer. If you’re expecting money back, you might consider having it electronically deposited into your account.
Depends on when the IRS or State releases the refund to Republic Bank.