How Most Taxpayers Already Receive Refunds

Many Americans have already made the switch.

According to recent IRS data, over 90% of taxpayers now file their taxes electronically, and a large majority choose direct deposit for tax refunds.

• Electronic refund options include:
• Direct deposit to a bank account
• Deposit into multiple accounts
• Prepaid debit cards
• Digital payment services supported by banks

Taxpayers who e-file and choose direct deposit typically receive their IRS tax refund much faster than those who request a paper check.