Milford, NH Resident Starts to Panic
Most Americans have their tax refund deposited directly into a bank account. This saves time in receiving your money and eliminates the potential of the refund getting lost or further delayed in the mail. But what if you erroneously provide the banking information for your refund to be deposited, or the account number has changed? If the IRS tries to deposit your tax refund into a bank account that does not exist or cannot be validated, a paper refund check will automatically be issued and mailed. This process can delay the refund significantly, oftentimes as much as ten weeks from the date of the attempted deposit.