Yes, an RDFI may post IRS tax refunds received through the Automated Clearing House (ACH) network using the account number only. Title 31 of the Code of Federal Regulations, Part 210 (31 CFR Part 210) requires federal payments be sent to a deposit account at a financial institution in the name of the recipient.
If your check has already been mailed, it will be forwarded to you if youâve reported your address change to the Postal Service. Income tax refund checks are valid for two years. After two years, you must return the refund check to the department so that it can be reissued. Return your check to: Minnesota Department of Revenue. Mail Station 4110. St. Paul, Minnesota 55146-4110. Homestead Credit Refund (for Homeowners) and Renter's Property Tax Refund checks are also valid for two years.
As you may already know, your state and federal returns are processed and approved of by different entities. Although the IRS tends to get their refunds to taxpayers within 21 days (if e-filed), the state doesnât provide such a strict time line for themselves. It could take up to 8 weeks with regular processing time.