Question:
Revenue Canada Tax Refund?
anonymous
16 years ago
Does anyone know if Revenue Canada is OK with depositing a persons´tax refund to someone else´s bank account with Direct Deposit. My gf is moving out of the country and she is still receiving tax refunds for the last 4 years. We want to have it go into my account for me to take care of some debts she has left behind.
Four answers:
anonymous
16 years ago
Fill out the T1-DD form. It doesn't specify that it has to be the person's own account. You don't even need to attach a void cheque if you can provide the bank, branch and account numbers on the form itself. (Also, I don't see why they would care. They pay discounters like H&R Block...) Alternatively, you can also view, start, update or stop direct deposit information by using CRA's My Account service.



Generally, they only say be careful when filling out the form, so you don't go accidentally putting your tax refund (or other benefits) into some stranger's account.



Also, "If you are changing any bank account held in Canada into which we deposit a payment, be sure to tell us about your new bank account. In addition, make sure you do not close the old bank account before we deposit the payment into the new bank account."
anonymous
9 years ago
Does somebody at Revenue Canada review all big refunds looking for errors? For really big ones, yes. However, they also assume that you know what you're doing and file your taxes correctly. and why did they give me the refund in the first place then? Because at the time there was no reason not to. The didn't know there was an error, assuming there was. It could be that you got caught in the matching program that runs in the fall. The computer system looks at every T4 and other information slip issued and compares the information to the tax returns. If you had more T4 income on slips than on your return, they'll catch that and reassess you. Or it could be something completely different.
anonymous
8 years ago
Revenue Canada Direct Deposit Form
The Arbiter of common sense
16 years ago
No, the deposit must go to an account in her name, or it will be refused. Have her open an account in both your names, that will solve the problem.


This content was originally posted on Y! Answers, a Q&A website that shut down in 2021.
Loading...