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Electronic Funds Transfer: Analysis of Proposal for Direct Deposit of Income Tax Refunds

IMTEC-89-34 Published: Feb 24, 1989. Publicly Released: Feb 24, 1989.
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Highlights

In response to a congressional request, GAO assessed a proposal to use electronic funds transfer to pay federal income tax refunds and other nonrecurring payments directly into taxpayers' bank accounts.

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Topics

Tax Policy and Administration
Administrative costsBank depositsCost effectiveness analysisData transmissionElectronic funds transferFederal taxesIncome taxesInformation systemsTax refundsTaxpayers