Get IRS 8888 2019

Use Form 8888 to directly deposit your refund (or part of it) to one or more accounts at a bank or other financial institution (such as a mutual fund, brokerage firm, or credit union) in the United States. This form can also be used to buy up to $5,000 in paper series I savings bonds with your refund.

Splitting your refund is easy and can be done electronically if you use IRS Free File or other tax software. If you file a paper return, use IRS' Form 8888, Allocation of Refund (Including Savings Bond Purchases) (PDF), to split your refund among two or three different accounts.

Can I deposit my tax refund into someone else's account? While there are no IRS rules that specifically forbid you from depositing your refund into someone else's account, we don't recommend it. ... The IRS will then have to re-process the refund, cut a check, and send it by mail.

Cashing at a Bank However, if it is addressed to your spouse "and" or "&" you -- as is the case with a federal tax refund -- both parties must cash or deposit the check together. Sign the back of the check above the endorsement line and write your names in the same way they were written in front.

The other return you file is for the state your in. YES, you get two checks. Federal refund is usually a bigger one.

Can I deposit my tax refund into someone else's account? While there are no IRS rules that specifically forbid you from depositing your refund into someone else's account, we don't recommend it. ... The IRS will then have to re-process the refund, cut a check, and send it by mail.

You can split your refund among up to three different U.S. financial institutions as long as they will accept a direct deposit to your account. Remember: You can ask IRS to direct deposit your refund into your account, your spouse's account or a joint account.

Call your bank or log on to the online account management area. If the person who you are giving the direct deposit uses the same bank, select the option to "transfer money to another customer." If the person uses a different bank, choose the option of transferring money to an account at a different bank.

If your bank account number is incorrect and you are due a refund, call 1- 800 829 1954. The IRS will attempt to correct the error, but you may have to follow up with the bank if your refund was deposited into another bank account. If you were making an electronic tax payment, call 1-888-353-4537 to correct the error.

Generally, if the check is endorsed "For Deposit Only" with your account number below, your friend will have no problem depositing it on your behalf with a teller. ... A deposit endorsement is sufficient. If your friend has your ATM card and PIN, he will of course have no problem at all depositing into an ATM.

When you file your federal and state taxes jointly with your spouse and a refund is due, you will receive a check addressed to both parties. Whether you or your spouse can cash it alone depends on how it is written. ... Two signatures are not always required on a joint refund check.

When the Internal Revenue Service issues a tax refund to joint taxpayers in the form of a check, you will receive the check with both of your names printed on it. Because banks have strict regulations for cashing checks made out to two parties, you'll have a lesson in togetherness as you cash a joint tax refund.

A joint endorsement can be required on a check presented for deposit or cashing that has been made out to two or more individuals. The purpose of the joint endorsement is to prevent one individual from depositing or cashing a check without the knowledge or permission of the other person to whom the check is made out.

Quick answer: If a check with two names says and, on the pay to the order of line then everyone has to endorse the check. Otherwise, any party named on the check can deposit it into his or her individual bank account.

Can I Cash My Husband's Check? It's incredibly difficult to cash a check made out to another person even if that person is your husband. Generally, banks will only cash checks for the payee shown on the face of the check, upon producing proper ID. It's easier to cash the check when you have a joint bank account.