Making a mistake on your account number is a big problem.
Q. When I filed my income taxes, the money went to a different account number instead of my bank account. What can I do?Your question shows how important it is, when you have an income tax refundto your bank account, that you make sure the routing and bank account numbers are entered correctly on your income tax return.
The routing number identifies your bank and branch and the account number identifies your particular bank account, said Bernie Kiely, a certified financial planner and certified public accountant with Kiely Capital Management in Morristown. “If you put a non-existent routing or bank account number the deposit attempt will bounce and the IRS will probablyHe said if you put the correct routing number but mess up your account number by a single digit, your refund is going to the other bank account.
If you incorrectly enter an account or routing number that belongs to someone else and your designated financial institution accepts
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The best tax software in Canada for 2022Maximize your refund using the best tax software for your needs
Read more »
These 3 last-minute moves can still slash your 2021 tax billThere’s still time to reduce your 2021 tax bill or boost your refund with these moves. Here’s what to know, according to financial experts.
Read more »
How to spend less money on CPAs and taxes in Canada 2022Sourcing a well\u002Dcurated e\u002Dlearning experience on tax accounting in Canada can save you major money in the long run
Read more »
Americans are worried about smaller tax refunds. They may have reason for concern.The average refund so far in 2022 is about $2,300, down from last year's typical refund of $2,800.
Read more »
Jeremy Renner Being Fan Cast to Play Zelenskyy in Would-Be Biopic MovieSure, Jeremy Renner might, in fact, be the perfect casting to play Zelenskyy in a movie one day ... but now's not the time to talk about it, right???
Read more »
Letters to the Editor: Feb. 26Many making wrong choice
Read more »