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Finance & markets · 19/01/2021Updated: 10/17/2026 · 1 min read

Internal Revenue Service Requests Public Comment on Electronic Deposit of Large Tax Refunds

Summary

The Internal Revenue Service is seeking public input on its plan to reduce paperwork burden by allowing electronic deposit of tax refunds exceeding $1 million, as mandated by the Paperwork Reduction Act of 1995.

Original source language: Federal Register — Department of the TreasuryOpen original release →

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