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The Illinois Department of Revenue, in conjunction with the Office of the Comptroller, offers direct deposit of refunds of overpaid individual income tax. Instead of receiving a refund check by mail, your overpayment is electronically transferred to your financial institution and deposited directly into your checking or savings account. The Office of the Comptroller handles these transfers.
The authorization for direct deposit is voluntary and must be renewed each year. The Illinois Department of revenue does not guarantee a specific timeframe by which a refund will be deposited directly into your account; however, you should receive it in about 1 week if you electronically file. If you file a paper return, the direct deposit of your refund will be made after we process your return (approximately 8 to 10 weeks). If you want to use this option, the account specified to receive the direct deposit must be
Note: If you want your refund deposited into your savings account, you must contact your financial institution for your routing and account numbers. You may not ask that your refund be deposited directly into your credit card account. You may split your overpayment and have part of it applied to next year’s estimated tax and the remainder either refunded by check or deposited directly into your financial institution account. However, you cannot split your overpayment between a refund check and a direct deposit. Note: Some financial institutions do not permit the deposit of a joint refund into an individual account. We are not responsible for a financial institution’s refusal to accept a direct deposit for this reason. If necessary, verify the financial institution’s policy before you choose this option. The direct deposit option makes refunds more secure and benefits state government by saving the cost of postage and writing checks.
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