Fact or Fiction: Tax Refunds
Can you separate the truth from the myths in this tax refund quiz?
Before you file an amended return, you must first return your original refund check.
If I lose my refund check, I can find out if someone else cashes it.
I can have my refund check directed to my individual checking account, even if I filed a joint return with my wife.
If I provide the IRS with an incorrect routing or account number for my refund deposit, they can correct it electronically.
I'm entitled to a refund of the Social Security taxes I paid over the years.
If I sign a blank return and let my tax preparer fill in the details, it'll speed up the refund process.
In order to split my refund deposit into two different acccounts, I must deposit at least $100 into each account.
I can have the IRS send me half of my refund as a check and deposit the rest of it in my bank account.
The average tax refund in 2010 was approximately $3,000.
The IRS will sometimes call you to verify data before they issue your refund check.