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You can get your tax refund two days earlier with a little tip

TAX season has arrived – and many are ready to receive their refunds.

If you want to speed up the process, a simple trick will get you a refund two days earlier.

More than 7 million Americans don't have a checking or savings account

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More than 7 million Americans don’t have a checking or savings account

With one Challenging tax season In advance of the IRS, the government agency is encouraging people to file electronically and set up a direct deposit to get a refund.

Yet more than seven million Americans do not have a checking or savings account in their name at a bank or credit union.

If that’s you, you’ll be happy to know that many reloadable debit cards linked to payment platforms, like Square’s Cash App, PayPal, and Venmo, will allow you to set up an account. direct deposit.

By using these payment platforms, you can also get your refund up to two days earlier.

So even if you already have a bank account, it might be worth setting up.

When you send money directly through a bank, you usually have to wait about a week for the bank to process the deposit.

A cash transfer app can provide you with a deposit as soon as it is received.

The IRS begins accept tax returns on January 24with a deadline to apply on April 18.

If you file a tax return electronicThe IRS says your refund will be issued in less than three weeks and faster when you choose direct deposit.

If you file your tax return on paper, you can expect to wait six to eight weeks for your refund.

How to set up a cash transfer app

The cash transfer app is simple to set up and easy to use.

First, you need to download the money transfer app of your choice from Google Play or the App Store.

Once the app is fully downloaded, you will need to create an account and log in.

Once you’re signed in, choose to set up a direct deposit.

When you file your tax return, you simply enter the account number and routing of your remittance app.

In addition, we also have a tax return checklist to help you stay organized.

More, 10 tax credits to cut your federal tax bill or increase your cashback up to $47,200 this filing season.

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https://www.the-sun.com/money/4666897/how-tax-refund-two-days-early/ You can get your tax refund two days earlier with a little tip

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