Yes, you can change your direct deposit information with the IRS. Here’s how:
How to Update Your Direct Deposit Information
Every year when you file your tax return, you must provide your direct deposit information to receive your refund electronically. This includes your bank account and routing numbers.
If you entered your information incorrectly, you can call the IRS at 1-800-829-1040 to have it changed. However, this option is only available if your refund has not yet been processed.
If your refund has already been processed, you can follow these steps to recover your funds and update your direct deposit information:
- Contact your bank to inquire about the status of your refund.
- If your refund has been deposited into an incorrect account, you can request a stop payment from your bank.
- Once the stop payment has been processed, you can contact the IRS to provide your updated direct deposit information.
How to Change Your Direct Deposit Information for Child Tax Credit Payments
If you are receiving monthly Child Tax Credit payments and need to change your direct deposit information, you can use the Child Tax Credit Update Portal.
To access the portal, you will need to verify your identity using an existing IRS username, an ID.me account, or a form of photo identification.
Once you have verified your identity, you can follow these steps to update your direct deposit information:
- Log in to the Child Tax Credit Update Portal.
- Select the “Manage Payments” tab.
- Click on the “Change Direct Deposit” link.
- Enter your new bank account and routing numbers.
- Click on the “Submit” button.
Your updated direct deposit information will be used for all future Child Tax Credit payments.
Additional Information
Here are some additional things to keep in mind when changing your direct deposit information with the IRS:
- You can only have one direct deposit account for your tax refund or Child Tax Credit payments.
- If you are married filing jointly, both spouses must agree to the change in direct deposit information.
- If you have any questions or need assistance, you can contact the IRS at 1-800-829-1040.
Can I change my bank info with IRS online?
FAQ
Can I change my direct deposit information with the IRS for refund?
How do I change my bank payment with the IRS?
What happens if tax refund is sent to closed account?
What happens if you give the IRS the wrong account number for direct deposit?
Can I change my direct deposit information for my tax return?
As long as you haven’t filed this year’s tax return yet, you can easily enter new direct deposit information during the tax preparation process. However, once you’ve filed, the IRS will follow its procedures for handling deposit issues, and it doesn’t currently offer an online tool to change banking details for tax refunds.
How do I change my direct deposit info?
Otherwise, you can change you direct deposit info by following these steps: Go to File. Select Start or Revisit next to Step 2 Your refund info. Select Other refund options on the Get your refund up to 5 days early screen. Choose Direct deposit and Continue. Enter your bank account info and Continue.
How does Direct Deposit Work?
Learn how direct deposit works, how to set it up, and change your account’s information. The IRS uses direct deposit to electronically issue tax refund payments directly into taxpayers’ financial accounts. In most cases, you will receive your tax refund in less than 21 days after you file your federal tax return.
Can I change my bank account for direct deposit?
If so, make sure the I want my refund deposited into this account box is unchecked. If you’ve already filed and your return has been accepted (or mailed), it’s too late to change your bank account for direct deposit. Otherwise, you can change you direct deposit info by following these steps: