Revenue Canada Tax Refund?
11.November, 2009
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.
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."
11.November, 2009 um 9:08 am
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.
References :
11.November, 2009 um 9:14 am
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."
References :
http://www.cra-arc.gc.ca/E/pbg/tf/t1-dd_1/t1-dd1-08e.pdf