Don’t wait any longer than you need to get your tax refund! Using direct deposit for a tax refund is faster and easier than waiting on a check in the mail. In fact, eight out of ten people get their tax refund through the IRS direct deposit option. To get your tax refund by direct deposit, just add your bank account information to your tax software or provide your account information for your tax preparer.
After filing taxes, many wonder “How long does it take to get a tax return with direct deposit?” According to the Internal Revenue Service (IRS), if you file electronically, you should get your refund within 21 days.
The IRS also lets you split your tax refund in up to three accounts.
This means you can divide it among you and your spouse’s accounts.
Or, put part of your direct deposit in a savings account and the rest into a checking account. To split your refund, just add multiple accounts to your electronic filing software. Or, complete IRS tax refund Form 8888.