Some groups, such as Social Security beneficiaries, are even required by the US Treasury to use direct deposit. The IRS sent out more than 100 million payments via direct deposit with the second stimulus check, and over 80% of people use direct deposit for getting their tax refunds, according to Benefits.gov. Most people use direct deposit as the method of payment for receiving tax refunds and stimulus checks.
Fun fact: It's cheaper for the Treasury to send your refund via direct deposit, instead of by paper check Each paper refund check issued costs US taxpayers more than $1, but it only costs a dime for each direct deposit made, according to the IRS. In 2019, 125.3 million refunds were issued, with around 23 million sent by mail, according to Bankrate If you loved this report and you would like to acquire much more facts about ทางเข้า 1xbet kindly go to our own page. .