Hi and welcome to Just Answer!You may deposit your refund into any bank account - not only with your name and your SSN. Unfortunately - the IRS assumes no responsibility for tax preparer or taxpayer error.
Remember: Your refund should only be deposited directly into accounts that are in your own name, your spouse’s name or both if it’s a joint account.
Per IRS rules, banks are required to verify account information including name match, if any piece of information fails to match, the bank is required to not accept the direct deposit.
So the first step would be to notify the bank about your mistake. Do that on the phone AND in writing by certified mail.In additional - you need to notify the IRS about your mistake - also in writing by certified mail - so you will have a trial about your correspondence. Please be prepared that correcting the error will take some time - but eventually - you should receive your money. Generally, if the financial institution recovers the funds and returns them to the IRS, the IRS will send a paper check for that refund out to the taxpayer's last known address on file with the IRS.
The owner of the account may not use this mistakenly deposited money and MUST notify the bank. Here is a similar situation when the person just used the money was charged with felony - http://www.theblaze.com/stories/2011/06/17/irs-accidentally-deposits-110000-in-mans-bank-account-then-arrest-him/ Consider your circumstances - the money should be returned by the bank - but that might take some time before you would receive a check from the IRS.
Yes - that is based on IRS ruling - please see this page - you may print this page and provide to the bank - http://www.irs.gov/taxtopics/tc152.htmlSee second paragraph - Your refund should only be deposited directly into accounts that are in your own name, your spouse’s name or both if it’s a joint account.However - you will inform the bank in writing - I am sure - they will consult with their legal department and will realize that the bank made a mistake.