Question : Can I deposit my tax return into my business Chase Checking account?
I have a business checking account at Chase bank. The account is open and I use it as my main account because I owe a bank from a few years back a couple hundred dollars (long story) and therefore cannot open a PERSONAL checking account. I deposit checks and what not into this account with only my name on it so can I do it with my tax return?
business checking account

Best answer:

Answer by the tax lady
Ask the bank.

The direct deposit shouldn’t work because the account doesn’t have your SSN on it.
Getting a check as a refund and then depositing it in person might work, but if you do that, PHOTOCOPY the check before depositing it.

God forbid you get audited and the IRS tries to count the refund as business income.