4 ms·

Same here; we use it for our separate accounts, but the primary joint account has to remain at a more traditional credit union. They even sent out a notice to a

Same here; we use it for our separate accounts, but the primary joint account has to remain at a more traditional credit union. They even sent out a notice to all customers regarding tax returns – the IRS requires joint returns to be issued to a bank account listing both names.

ceejayoz 13y ago
That one actually baffled me - it's in direct contradiction to the IRS FAQ on the subject. http://www.irs.gov/Individuals/Frequently-Asked-Questions-about-Splitting-Federal-Income-Tax-Refunds http://www.irs.gov/Individuals/Frequently-Asked-Questions-ab... > If I am filing a joint return with my spouse, must our refund be deposited to a jointly-held account? > You can ask IRS to direct deposit a refund on a joint return into your account, your spouse’s account, or a joint account. However, state and financial institution rules can vary and you should first verify your financial institution will accept a joint refund into an individual account. Not sure if it's a state, Simple, or Bancorp policy, but it's not an IRS one.