Register for Direct Deposit or Make Changes to Direct Deposit Information
You can register for direct deposit or change your account information in any of the following ways:
- Use the Register for Direct Deposit and the Change Direct Deposit Information online services.
- Enclose with your income tax return a blank cheque marked "VOID" on the front and bearing your name and social insurance number.
- Complete a Request for Direct Deposit (LM-3.Q-V or LM-3.M-V). If you live closer to Québec City, choose form LM-3.Q-V. If you live closer to Montréal, choose form LM-3.M-V. The only difference between the two forms is the Revenu Québec office address.
If you are filing your income tax return online, you must provide the following information:
- the branch number of your financial institution
- the financial institution number
- your account number
The benefits of direct deposit
Direct deposit makes sense because it eliminates the risk of cheques being lost or stolen, and it guarantees that, even if there is a postal strike or you are sick or away from home, the following will be deposited into your account:
- your income tax refund
- your payments of the solidarity tax credit (to be entitled to the credit, you are required to be registered for direct deposit)
- your advance payments of the tax credit for childcare expenses
- your advance payments of the tax credit respecting the work premium, including the adapted work premium and the supplement to the work premium for former recipients of social assistance
- your advance payments of the tax credit for home-support services for seniors
- any other tax-related payments
The solidarity tax credit came into effect in July, 2011. It combines the following into a single tax credit:
- the QST credit
- the credit for individuals living in northern villages
- the property tax refund