joessportster Posted April 19, 2019 Share Posted April 19, 2019 Filed taxes and indicated for Direct Deposit, IRS Status says being Mailed. I Called spent hour on the phone and was told "Some Banks will not accept tax refunds via direct deposit" Now since my paid prepper got my address wrong by 1 number it seems I may be in for a multiple month fiasco. First they delayed me to get a hard copy of my 1099, after that a 2nd delay to confirm my identity. Now this garbage. I did a search online and could not find any mention of banks ever denying to accept tax refund directly. Quote Link to comment Share on other sites More sharing options...
JL Sargent Posted April 19, 2019 Share Posted April 19, 2019 I imagine the banks have problems with accounts at the bank being in different name(s) than the refund? I do know that I once had a refund check written out to two people and the account I was depositing in had only one name listed. They didn't like that too much. Quote Link to comment Share on other sites More sharing options...
oldtimer Posted April 19, 2019 Share Posted April 19, 2019 It has been clearly stated in the past in the instructions for form 1040. I called my bank first to verify. This year it didn't matter, since thanks to the wonderful "reforms" designed to enrich those most not in need by taking it from the hard working guy, I had to send them a check. 2 Quote Link to comment Share on other sites More sharing options...
oldtimer Posted April 19, 2019 Share Posted April 19, 2019 1 minute ago, JL Sargent said: I imagine the banks have problems with accounts at the bank being in different name(s) than the refund? I do know that I once had a refund check written out to two people and the account I was depositing in had only one name listed. They didn't like that too much. I also verified with my bank about that. It had to do with the deposit being in both spouses name and the bank account only one. No problems. Quote Link to comment Share on other sites More sharing options...
Coytee Posted April 19, 2019 Share Posted April 19, 2019 Probably too late....but you might contact your bank and ask them directly. Since your preparer messed up your address......maybe ask them to front you the refund and you'll sign the check over to them on arrival?!!!! If they have a problem taking the joint check into an individual account.... it's perhaps because the "other" person on the check is .....how to put it.... losing control of their money (as far as the bank might know). I've seen some banks play hardball and need a signature and I've seen some with a passe' attitude and take it. In the brokerage world, there are some things you simply can't do without the joint signature because once the transaction is complete, they are "losing" that asset and the firm wants their signature on file so if they ever came back against the firm on it.... they pull the signature out. (yeah, it happens) 1 Quote Link to comment Share on other sites More sharing options...
babadono Posted April 19, 2019 Share Posted April 19, 2019 Heard of crap from the IRS?........No never 1 Quote Link to comment Share on other sites More sharing options...
Schu Posted April 20, 2019 Share Posted April 20, 2019 Yes joseph... I file separate, and my taxes are in my account in a week... my wife has to accept a mailed check and it can take more than a month. It's been like this for decades Quote Link to comment Share on other sites More sharing options...
oldtimer Posted April 20, 2019 Share Posted April 20, 2019 So who has to wait, Kirk, or Spock? 1 Quote Link to comment Share on other sites More sharing options...
Schu Posted April 20, 2019 Share Posted April 20, 2019 First mate... captain is always good, and right Quote Link to comment Share on other sites More sharing options...
HDBRbuilder Posted April 20, 2019 Share Posted April 20, 2019 The screwed up address issue is most likely the culprit with the direct deposit to begin with..."can I verify your address and phone number?" Quote Link to comment Share on other sites More sharing options...
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