The IRS will start phasing out tax refunds via paper checks beginning Sept. 30, the agency said in a statement.
The change to paperless refunds complies with a March 25 executive order signed by President Donald Trump, which called on the Treasury secretary to end paper checks for all federal disbursements on Sept. 30. The order granted certain exceptions, such as for people without access to electronic payment systems or banking services.
The IRS advised taxpayers to open a bank account if they don’t have one. People can opt for prepaid debit cards, digital wallets, or other methods allowed with the exemptions.
Paperless refunds mark the first step in the IRS’s broader transition to electronic payments….