When you file your tax return, you can choose from several secure ways to receive your refund. The best option depends on whether you have a bank account, want the fastest delivery, or prefer to have your tax preparation fees deducted from your refund.
Tax Refund Delivery Options
- Direct Deposit
- Mailed Check
- GO2bank Account
- File & Go (Refund Transfer)
Direct Deposit
What Is Direct Deposit?
Direct Deposit allows the IRS and, when applicable, your state tax agency to electronically send your refund to a checking account, savings account, or eligible debit card account.
You may also be able to use certain third-party financial accounts, such as Cash App or Venmo, if you have the correct routing and account numbers.
Why Choose Direct Deposit?
- Typically the fastest refund delivery method
- Most refunds arrive within 10 to 21 days after acceptance
- Secure electronic delivery
- Works with checking accounts, savings accounts, and eligible GO2bank accounts
Best For
Mailed Check
What Is a Mailed Check?
Important Information About IRS Payment Modernization
According to the IRS guidance referenced in this article, taxpayers who do not provide banking information may experience additional processing steps before receiving a paper refund check.
If you file without direct deposit information:
- Your return can still be accepted.
- The IRS may mail a notice requesting updated banking information.
- You may receive a CP53E notice asking you to respond within 30 days.
Important
Will the IRS Call, Text, or Email Me for Banking Information?
No. The IRS does not request banking information by phone, email, or text message.
If the IRS needs information from you, it will contact you by mail using the address on file.
GO2bank Account
What Is a GO2bank Account?
Benefits
- Federal refunds may arrive up to five days early
- Convenient access through a debit card
- Secure electronic refund delivery
Important Disclosure
Early availability of funds is not guaranteed. Refund timing depends on IRS processing and any applicable identity or fraud verification requirements. The IRS must also be able to match your name and Social Security number before releasing funds through direct deposit.
For account-related questions, contact GO2bank Customer Support directly.
File & Go (Refund Transfer)
What Is File & Go?
File & Go allows you to pay your tax preparation fees and banking fees from your federal refund instead of paying those costs upfront.
After fees are deducted, the remaining refund is deposited into your bank account or eligible GO2bank account.
Expected Timing
Eligibility Requirements
- A valid phone number
- A valid email address
- A verifiable form of identification
- Valid bank account information
- A federal refund large enough to cover all applicable fees
Availability
How to Change Your Refund Method Before E-Filing
- Open the E-file section from the left-side menu.
- Select Yes, I'm done with my return(s) and ready to file!
- Locate your federal or state refund amount.
- Select the drop-down arrow and choose Edit next to Refund Method.
- Select your preferred refund option.
- Choose Continue to save your changes.
Can I Change My Refund Method After Filing?
No. Once the IRS or state tax agency accepts your return, you generally cannot change the refund method selected on the return.
Choosing the right refund option before filing can help avoid delays and ensure your refund is delivered the way you expect. For most taxpayers, Direct Deposit remains the fastest and easiest way to receive a tax refund.