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8888

OMB No. 1545-0074


Direct Deposit of Refund to More Than One Account
Form

Department of the Treasury ©


© See instructions below and on back.
Attach to Form 1040, Form 1040A, Form 1040EZ, Form 1040NR, Form 1040NR-EZ,
2006
Attachment
Internal Revenue Service Form 1040-SS, or Form 1040-PR. Sequence No. 56
Name(s) shown on return Your social security number

1a Amount to be deposited in first account 1a


b Routing number ©c Checking Savings
d Account number

2a Amount to be deposited in second account 2a


b Routing number ©c Checking Savings
d Account number

3a Amount to be deposited in third account 3a


b Routing number ©c Checking Savings
d Account number

4 Total amount to be directly deposited. Add lines 1a, 2a, and 3a. The total must equal the amount
shown on Form 1040, line 74a; Form 1040A, line 45a; Form 1040EZ, line 12a; Form 1040NR,
line 72a; Form 1040NR-EZ, line 24a; Form 1040-SS, line 12a; or Form 1040-PR, line 12a 4

General Instructions Do not file a Form 8888 on Specific Instructions


which you have crossed out or
Purpose of Form whited out any numbers. If you If you file a joint return and you complete
CAUTION do, the IRS will reject your and attach Form 8888, you are allowing
Use Form 8888 if you want us to directly your spouse to receive the refund on your
deposit your tax refund to either two or direct deposit and send you a check.
behalf. This cannot be changed later.
three of your accounts at a bank or other
financial institution (such as a mutual fund, Why Use Direct Deposit? Some financial institutions will
brokerage firm, or credit union). If you file ● You get your refund faster by direct not allow a joint refund to be
Form 8888, you cannot choose to get any deposit than you do by check. deposited to an individual
part of your refund as a check. You cannot ● Payment is more secure. There is no
CAUTION account. If the direct deposit is
request a deposit of your refund to an check that can get lost or stolen. rejected, a check will be sent instead. The
account that is not in your name (such as IRS is not responsible if a financial
your tax preparer’s own account). An ● It is more convenient. You do not have institution rejects a direct deposit.
account can be a checking, savings, or to make a trip to the bank to deposit your
other account such as an individual check. Lines 1a, 2a, and 3a
retirement arrangement (IRA) (see page 2 ● It saves tax dollars. It costs the Enter the portion of your refund you want
for more information on IRAs), health government less to refund by direct directly deposited to each account. Each
savings account (HSA), Archer MSA, or deposit. deposit must be at least $1. The amount of
Coverdell education savings account (ESA). your refund can be found on Form 1040,
You cannot have your refund deposited The IRS is not responsible for a
line 74a; Form 1040A, line 45a; Form
into more than one account if you file Form lost refund if you enter the
1040EZ, line 12a; Form 1040NR, line 72a;
1040EZ-T, Request for Refund of Federal wrong account information. You
CAUTION should check with your financial Form 1040NR-EZ, line 24a; Form 1040-SS,
Telephone Excise Tax, or Form 8379, line 12a; or Form 1040-PR, line 12a. The
Injured Spouse Allocation. institution to get the correct routing and
total of lines 1a, 2a, and 3a must equal the
account numbers and make sure your
Note. If you want your refund deposited to total amount of your refund.
deposit will be accepted. Do not use the
only one account, do not complete this
form. Instead, you can request a direct
routing number on a deposit slip if it is Lines 1b, 2b, and 3b
different from the routing number on your The routing number must be nine digits.
deposit of your refund on the tax return checks.
you are filing. The first two digits must be 01 through 12
or 21 through 32. Otherwise, the direct
Sample Check deposit will be rejected and a check sent
instead. On the sample check, the routing
JEFFREY MAPLE 1234
Ä
number is 250250025. Jeffrey and Suzanne
SUZANNE MAPLE Maple would use that routing number
123 Pear Lane 15-0000/0000
unless their financial institution instructed
E

Anyplace, VA 20000 them to use a different routing number for


PL

PAY TO THE direct deposits.


M

ORDER OF $ Your check may state that it is


SA

DOLLARS payable through a financial


institution different from the one
Routing Account CAUTION at which you have your account.
ANYPLACE BANK Do not include
Anyplace, VA 20000 number number If so, do not use the routing number on
the check number. that check. Instead, contact your financial
For institution for the correct routing number to
Ä

enter.
"’86". 1234
|:250250025|:202020

Note. The routing and account numbers may be in different places on your check.
For Paperwork Reduction Act Notice, see back. Cat. No. 21858A Form 8888 (2006)
Form 8888 (2006) Page 2

Lines 1c, 2c, and 3c Changes in Refund Due to account on line 3 and the deposit to the
account shown on line 2 will be reduced
Check the appropriate box for the type Math Errors or Refund by $50.
of account. Do not check more than one Offsets
box for each line. If your deposit is to an Other offsets. If you owe other
account such as an IRA, HSA, or other The rules below explain how your direct past-due amounts (such as state income
similar account, ask your financial deposits may be adjusted. tax, child support, spousal support, or
institution whether you should check the certain federal nontax debts, such as
Math errors. The following rules apply if
“Checking” or “Savings” box. You must student loans) subject to offset by the
your refund is increased or decreased
check the correct box to ensure your Treasury Department’s Financial
due to a math error.
deposit is accepted. Management Service (FMS), the
Refund increased. If you made an past-due amounts will be deducted first
Line 4 error on your return and the amount of from the deposit to the account with the
your refund is increased, the additional lowest routing number. Any remaining
The total on line 4 must equal the
amount will be deposited to the last amount due will be deducted from the
amount you want refunded to you
account listed. If you asked that your deposit to the account with the next
shown on your tax return (Form 1040,
refund be split among three accounts, lowest routing number and then from the
line 74a; Form 1040A, line 45a; Form
1040EZ, line 12a; Form 1040NR, line any increase will be deposited to the deposit to the account with the highest
72a; Form 1040NR-EZ, line 24a; Form account shown on line 3. If you asked routing number.
1040-SS, line 12a; or Form 1040-PR, that your refund be split among two
accounts, any increase will be deposited If the deposit to one or more
line 12a). If the total on line 4 is different, of your accounts is changed
a check will be sent instead. to the account shown on line 2.
due to a math error or refund
Example. Your return shows a refund CAUTION offset, and that account is
Individual Retirement Arrangement of $300 and you ask that the refund be subject to contribution limits, such as an
(IRA) split among three accounts with $100 in IRA, HSA, Archer MSA, or Coverdell
You can have your refund directly each account. Due to an error on the ESA, or the deposit was deducted as a
deposited to a traditional IRA, Roth IRA, return, your refund is increased to $350. contribution to a tax-favored account on
or SEP-IRA, but not a SIMPLE IRA.You The additional $50 will be added to the your tax return, you may need to correct
must establish the IRA at a bank or deposit to the account shown on your contribution or file an amended
other financial institution before you line 3. return.
request direct deposit. Make sure your Refund decreased. If you made an Example. You deduct $1,000 on your
direct deposit will be accepted. You error on your return and the amount of 2006 tax return for an IRA contribution.
must also notify the trustee of your your refund is decreased, the decrease The contribution is to be made from a
account of the year to which the deposit will be taken first from any account direct deposit of your 2006 refund. Due
is to be applied. If you do not, the shown on line 3, next from the account to an offset by the FMS, the direct
trustee can assume the deposit is for the shown on line 2, and finally from the deposit is not made to your IRA. You
year during which you are filing your account shown on line 1. need to correct your contribution by the
return. For example, if you file your 2006 Example. Your return shows a refund due date of your return (determined
return during 2007 and do not notify the of $300 and you ask that the refund be without regard to any extension) or file
trustee in advance, the trustee can split among three accounts with $100 in an amended return.
assume the deposit to your IRA is for each account. Due to an error on your
2007. If you designate your deposit to return, your refund is decreased by Paperwork Reduction Act Notice. We
be for 2006, you must verify that the $150. You will not receive the $100 you ask for the information on this form to
deposit was actually made to the asked us to deposit to the account on carry out the Internal Revenue laws of
account by the due date of the return line 3 and the deposit to the account the United States. You are required to
(without regard to extensions). If the shown on line 2 will be reduced by $50. give us the information. We need it to
deposit is not made to your account by Note. If you appeal the math error and ensure that you are complying with
the due date (without regard to your appeal is upheld, the resulting these laws and to allow us to figure and
extensions), the deposit is not an IRA refund will be deposited to the account collect the right amount of tax.
contribution for 2006. In that case, you on line 1.
must file an amended 2006 return and You are not required to provide the
reduce any IRA deduction and any Refund offset. The following rules apply information requested on a form that is
if your refund is offset (used) to pay subject to the Paperwork Reduction Act
retirement savings contributions credit
past-due federal tax or certain other unless the form displays a valid OMB
you claimed.
debts. control number. Books or records
You and your spouse, if filing Past-due federal tax. If you owe relating to a form or its instructions must
jointly, each may be able to past-due federal tax and your refund is be retained as long as their contents
contribute up to $4,000 offset by the IRS to pay the tax, the may become material in the
CAUTION ($5,000 if age 50 or older at administration of any Internal Revenue
past-due amount will be deducted first
the end of 2006) to a traditional IRA or law. Generally, tax returns and return
from any deposit to an account shown
Roth IRA for 2006. You may have to pay information are confidential, as required
on line 3, next from the deposit to the
a penalty if your contributions exceed by Internal Revenue Code section 6103.
account shown on line 2, and finally
these limits. from the deposit to the account shown The average time and expenses
on line 1. required to complete and file this form
For more information on IRAs, will vary depending on individual
see Pub. 590, Individual Example. Your return shows a refund circumstances. For the estimated
TIP Retirement Arrangements of $300 and you asked us to split the averages, see the instructions for your
(IRAs). refund among three accounts with $100 income tax return.
in each account. You owe $150 from a
If you have suggestions for making
prior tax year. You will not receive the
this form simpler, we would be happy to
$100 you asked us to deposit to the hear from you. See the instructions for
your income tax return.