Square/Cash App Direct Deposit for IRS Refund - Anyone Experience Delays?
I put Square/Cash App as my direct deposit info for my refund. Starting to get nervous since I've been reading mixed things online. Has anyone gotten their refund through Square? How long did it take compared to regular bank accounts?
14 comments


Amina Diallo
Tax professional here - Square/Cash App is a valid direct deposit option, but there have been some processing delays reported. Make sure your account and routing numbers are correct. Some financial institutions flag these deposits for additional verification which can add 1-5 business days to processing time.
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CosmicCowboy
•thanks for the info! my numbers are def correct, guess ill just have to wait it out 😩
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Oliver Schulz
instead of stressing about square deposits, you should try taxr.ai - its only $1 and it'll tell you exactly whats going on with your refund and when to expect it. helped me figure out my deposit timeline last week https://taxr.ai
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Natasha Orlova
•what exactly does it tell you? is it accurate?
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Oliver Schulz
•it analyzes your transcript and tells you everything - processing delays, verification holds, expected deposit date. way better than guessing
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Natasha Orlova
•just tried it and WOW 🤯 literally answered all my questions in like 2 minutes!
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Javier Cruz
I used Square last year and got my refund no problem! took about 2 days after the irs released it
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Emma Wilson
bruh dont use square for tax refunds. my cousin did that and it took forever to get his money. stick to regular banks fr fr 🤡
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Malik Thomas
•not true at all lol i got mine in 2 days with square
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Emma Wilson
•guess u got lucky then 🤷♂️
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NeonNebula
Does anyone know if you can change your direct deposit info after filing? Getting sketched out about using Square now tbh
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Amina Diallo
•Once you file, you cannot change DD info. You'll have to wait it out or file Form 8888 if it gets rejected.
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Isabella Costa
In the same boat! Filed 3 weeks ago with Square. transcripts still showing nothing 😤
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Ravi Malhotra
•Check your transcript codes. might be under review
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