IRS Allows Direct Deposit For Amended Income Tax Return Form

Taxpayers will be now be able to select direct deposit for refunds associated with Form 1040-X, Amended US Individual Income Tax Return, when filing electronically, according to the IRS Thursday.

Taxpayers who filed Form 1040-X previously had to wait for a paper check for any refund.

“This is a big win for taxpayers and another achievement as we transform the IRS to improve taxpayer experiences,” said IRS Acting Commissioner Doug O’Donnell. “This important update will cut refund time and reduce inconvenience for people who file amended returns.”

This story was produced by Bloomberg Tax Automation.