Why is my tax refund tracking saying it will be direct deposited when I didnt request direct deposit? | Tracking Tax Refunds
Question by lady me: Why is my tax refund monitoring stating it will be immediate deposited when I didnt request immediate deposit?
I checked on the IRS internet site and it says my refund is currently being direct depostited right now but I didnt request for it to be..I just looked over my copies and exactly where it ask for account quantity the tax guy set “financial institution products applied for” wtf…will they send me a check if they dont have my bank account range?
I by now payed him though
Tracking Tax Refunds
Best answer:
Solution by Judy
If you had the preparer consider your charges out of your refund, they deposit the refund in an special account they set up for you just for the refund, then take out your charges and send you the rest.
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Filed under Tracking Tax Refunds by on Mar 11th, 2011. Comment.
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Comments on Why is my tax refund tracking saying it will be direct deposited when I didnt request direct deposit? | Tracking Tax Refunds
Dear LM: You applied for a “Bank Product” through a third party. The money will be deposited in the companies bank account and you will get a check from them or some other means. This should have been explained in detail at the time of tax prep.
It’s a RAL or RAC loan or check.
This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided. Click on my profile to read more. Errol Quinn Enrolled Agent.