IRS Urges Taxpayers to Add Banking Details for Faster Tax Refunds

Taxpayers may receive a notice from the IRS if they do not include direct deposit information on their returns.
IRS Urges Taxpayers to Add Banking Details for Faster Tax Refunds
The IRS building in Washington on March 25, 2024. Madalina Vasiliu/The Epoch Times
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The IRS is encouraging taxpayers to include banking details when submitting tax returns this filing season, highlighting that such information helps in getting refunds faster, the agency said in an April 2 statement.

Taxpayers who do not include direct deposit information on their returns, or whose provided account information is incorrect or rejected by the bank, may receive a CP53E notice from the IRS.

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Naveen Athrappully
Naveen Athrappully
Reporter
Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.