The IRS issues most refunds in less than 21 days, although some require additional time. You should only call to IRS if it has been:
- 21 days or more since you e-filed
- 6 weeks or more since you mailed your return, or
- “Where’s My Refund” tells you to contact the IRS. You can use Where’s My Refund? to start checking on the status of your return on the IRS website.
The direct deposit is the safest, fastest way to receive your refund and is also easy to use. It’s limit will prevent criminals from easily obtaining multiple refunds. The limit applies to financial accounts, such as bank savings or checking accounts, and to prepaid, reloadable cards or debit cards.
However, the limitation may affect some taxpayers, such as families in which the parent’s and children’s refunds are deposited into a family-held bank account. Taxpayers in this situation should make other deposit arrangements or expect to receive paper refund checks.
The new limitation also will protect taxpayers from preparers who obtain payment for their tax preparation services by depositing part or all of their clients’ refunds into the preparers’ own bank accounts. The new direct deposit limits will help eliminate this type of abuse.
Direct deposit must only be made to accounts bearing the taxpayer’s name. Preparer fees cannot be recovered by using Form 8888 to split the refund or by preparers opening a joint bank account with taxpayers. These actions by preparers are subject to penalty under the Internal Revenue Code and to discipline under Treasury Circular 230 (also, see Circular 230 Tax Professionals page).