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This page last updated on
December 10, 2006

Direct Deposit of Your Tax Refund
More options available on your 2006 tax return

The IRS is now allowing taxpayers who are due a tax refund the option of having that refund split up and deposited in up to three different financial accounts.

 

This can include a retirement savings account such as an IRA or a 529 plan.

 

This option is available to you whether you file a paper return or electronically file your return. However, if you file your tax return electronically and opt for direct deposit, you can receive your refund in two weeks or less.


File Form 8888 with your return to designate multiple refund direct deposits.

 


 

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