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July 15, 2020
Question

I owe tax from a previous year but a refund for 2019 which I am filing today. Do I still need to enter my bank information?

  • July 15, 2020
  • 1 reply
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How long to get this answer?

1 reply

July 15, 2020

Yes, the bank info is needed if you want the refund direct deposit to your account. 

If the amount you still owe from previous years is equal or more than your refund, the IRS will apply your refund to the balance owed, and you will not get any money back.

If the amount of the refund is more than is owed, the difference will be you refund amount, balance will be deducted first.

Hope this helps.