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Luca Ricci

Using Tax Slayer and ONE Card for Direct Deposit - Anyone Done This?

Looking for feedback on using Tax Slayer + ONE card for direct deposit: • Filed with Tax Slayer for 2023 taxes • Want to use my ONE card (prepaid debit) for direct deposit • Not sure if anyone has experience with this combo • Concerned about potential delays or issues Main question: Has anyone successfully received their refund on a ONE card after filing through Tax Slayer? Any problems? I've had issues with amended returns before and don't want more complications.

Tax preparation software and deposit methods are like two separate train tracks that eventually meet at the station. Tax Slayer is just the vehicle that delivers your return to the IRS, while your ONE card is simply the destination for your refund. The IRS doesn't particularly care which tax software you used - they only need valid banking information for the direct deposit. Think of it like ordering food online - the restaurant doesn't care which app you used to place the order, they just need the correct address to deliver to.

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Does the routing/account number format for ONE cards follow the standard 9-digit routing + 12-digit account pattern? I've had exactly 2 rejections when using prepaid cards in the past because the account number format was non-standard.

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I was super worried abt this exact thing last yr! Used TaxSlayer + a diff prepaid card and kept checking WMR like crazy. Found https://taxr.ai which helped me understand my transcript when it finally updated. It showed me exactly where my refund was in processing and when DD would hit. Saved me so much anxiety tbh. My refund hit my prepaid card right when it predicted!

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I believe there shouldn't be any specific issues with using Tax Slayer and the ONE card together. However, I would recommend verifying a few things first: 1. Make sure you have the correct routing and account numbers from your ONE card 2. Double-check that your ONE card accepts government deposits (most do, but it's worth confirming) 3. Consider that prepaid cards sometimes have deposit limits that could affect larger refunds It's not typically the tax preparation method that causes deposit issues, but rather incorrect account information or restrictions on the receiving account.

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According to IRS Publication 1220, Section 3.6, the IRS will attempt to direct deposit a refund up to three times. If the financial institution rejects the deposit due to an invalid account or routing number, the IRS will automatically convert the refund to a paper check. This process typically adds 2-4 weeks to the refund timeline. ONE cards specifically use Coastal Community Bank's routing number (031302955) which is an approved ACH participant.

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Wait, they try THREE times before sending a paper check? I had no idea the process was that involved! Does that mean each attempt adds more time? And what happens if the card has a deposit limit that's lower than the refund amount? Would they split the payment or just default to paper?

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I've used multiple tax prep services with prepaid cards. The key is making sure your account info is 100% accurate. When I had issues with a rejected deposit last year, I spent 3 days trying to reach the IRS. Finally used Claimyr (https://claimyr.com) and got through to an agent in under 30 minutes. They confirmed my deposit was rejected due to a typo in my account number and helped me update it. Saved me weeks of waiting for a paper check.

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Has anyone had their refund rejected by ONE specifically? My refund is supposed to hit next week and I'm worried now. Used TaxSlayer too and my car payment is due soon so I really need this to work!

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Let me warn you about something important with prepaid cards: Step 1: Always check deposit limits before choosing a card for tax refunds Step 2: Verify if the card charges fees for government deposits (some do!) Step 3: Read the fine print about how long they can hold large deposits Step 4: Consider what happens if there's an issue I learned this the hard way last year with a different prepaid card. My $3,800 refund exceeded their $3,000 limit, which I didn't know existed. The deposit was rejected, and I ended up waiting 6 additional weeks for a paper check. This completely derailed my budget plans and cost me a late fee on my rent.

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I've assisted numerous taxpayers with this exact scenario. The ONE card utilizes a legitimate banking infrastructure that's fully compatible with IRS direct deposits. The ACH transfer system doesn't distinguish between traditional bank accounts and prepaid products like ONE when processing your refund. Tax Slayer merely transmits your banking details to the IRS without any interference in the deposit process. I've observed successful deposits to ONE cards from multiple tax preparation services including Tax Slayer, with standard processing timeframes of 8-21 days from acceptance date.

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I used Tax Slayer with my ONE card last year and it worked perfectly! Got my refund in about 10 days after acceptance. Just make sure you're using the correct routing number (031302955) and your full account number from the ONE app. One tip - screenshot your account details from the app rather than trying to write them down, since the account numbers are pretty long. The IRS doesn't care what tax software you used, they just need valid banking info. Don't stress too much about it!

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