Detailed Instructions: Given a passage and a query based on the passage, generate an unambiguous, concise and simple answer to the query from information in the passage. Note that the answer may not be present in exact form.
Problem:To get your income tax refund the fastest way possible, e-file your return and choose a direct deposit to your bank account. What refund options does TaxAct offer? You can have the IRS deposit your refund into up to three different bank accounts. A split refund is a great idea if you want to put some of your money into savings. The IRS will confirm the account number is valid before they deposit your refund. If the number you enter is not valid, you may receive a paper check in the mail, instead of an electronic deposit. The paper check will take longer for you to receive than a direct deposit. Worse yet, if the account number you enter is valid but belongs to someone else, that person could receive your tax refund. Instead of having your refund deposited directly to your bank account, you can choose one of these options: Free e-file with direct deposit to an exisiting account or to an American Express Serve Prepaid Debit Account for fast and easy access to your refund. Use all or part of your refund to purchase U.S. Savings Bonds in increments of $50. The fastest way to get your refund is to e-file your return and request your refund via direct deposit. The Department of Taxation and Finance declares that these taxpayers can receive their refund in as little as 14 days. Most, however, will have to wait somewhere between 14 and 30 days. Note also that it is hardly uncommon for refunds to take even longer than that. If your account is closed, the direct deposit will return to the State. A paper refund check will be sent using the address and other information we have for you on file. In such a situation, a manual refund check will take about six to eight weeks to be proc-essed and mailed. Q: I was due for a refund by direct deposit but I did not receive it. What do I do now? First, thoroughly examine your bank statement. With so many transactions, it’s easy to overlook a deposit. one account number reported on the federal return, the direct deposit of your Rhode Island refund will be sent to the account first listed on your federal return. Please check your bank account number, routing number, and bank statement carefully -- it could save you considerable time and effort. number (or numbers). The post office will not forward the refund check to a new address. Service will return the refund check to the Rhode Island General Treasurer’s Office. check has been returned by sending us a photocopy of your refund check. to your new address, or 2.) pick up the check at the General Treasurer’s Office. Treasurer’s Office, not from the Division of Taxation. The longest amount of time your refund will take is if you paper file your return. If that’s the case, you can tack on an additional 4 weeks to all of the times given above. That’s how long it takes the Tax Department to process paper returns. Guide to Tax Refunds Rhode Island Department of Revenue Message from the Tax Administrator: If you pay more taxes than you’re required to, you’re due a refund. We try to process refunds as promptly as possible. But processing can take time, especially during the busy filing season. We expect to process more than 600,000 personal When you receive the affidavit, follow the instructions on the form and re-. turn it to the Rhode Island General Treasurer’s Office, 50 Service Ave., Warwick R.I. 02886. Do not mail the affidavit to the Rhode Island Division of Taxation. the bank account since I filed the return. What happens to my direct deposit? If your account is closed, the direct deposit will return to the State. A paper refund check will be sent using the address and other information we have for you on file. In such a situation, a manual refund check will take about six to eight weeks to be proc- Query: how long does it take to receive tax refund direct deposit
Solution:
It takes six to eight weeks to receive tax refund direct deposit.