IRS is Phasing Out Paper Checks: Update Your Tax Return with Bank Details to Avoid Refund Delays

KEY TAKEAWAY The IRS is moving away from paper refund checks this year, and is asking all taxpayers to include their direct deposit information on their 2025 tax returns. Taxpayers who don't include their bank information or report it incorrectly will have their refunds held until they correct it. Taxpayers can still request a paper check, but that will delay their refund. The IRS is asking all taxpayers to include their bank account information on their 2025 tax returns. Failing to do so could ...