Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 61
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92If you pay your taxes by credit or debit card, you may
Where's My Refund will provide an actual personalized re-
be able to deduct the related credit or debit card con-
fund date as soon as the IRS processes your tax return and ap-
TIP
venience fees on your 2018 return, but you must file
proves your refund.
Form 1040 to do so.
Effect of refund on benefits. Any refund you receive can't be
counted as income when determining if you or anyone else is
Excess social security and tier 1 railroad retirement
eligible for benefits or assistance, or how much you or anyone
(RRTA) tax withheld. If you, or your spouse if filing a joint
else can receive, under any federal program or under any state
return, had more than one employer for 2017 and total wages
or local program financed in whole or in part with federal
of more than $127,200, too much social security or tier 1
funds. These programs include Temporary Assistance for Nee-
RRTA tax may have been withheld. For more details, including
dy Families (TANF), Medicaid, Supplemental Security Income
how to figure the amount to include on line 46, see Pub. 505.
(SSI), and Supplemental Nutrition Assistance Program (food
Include the excess in the total on line 46. Write “Excess SST”
stamps). In addition, when determining eligibility, the refund
and show the excess amount to the left of the line.
can't be counted as a resource for at least 12 months after you
receive it. Check with your local benefit coordinator to find out
if your refund will affect your benefits.
Refund
DIRECT
DEPOSIT
Line 47
Simple. Safe. Secure.
Amount Overpaid
Fast Refunds! Join the eight in 10 taxpayers who choose direct deposit—a
If line 47 is under $1, we will send a refund only on written re-
fast, simple, safe, secure way to have your refund deposited automatically to
quest.
your checking or savings account, including an individual retirement
arrangement (IRA). See the information about IRAs, later.
Refund offset. If you owe past-due federal tax, state income
tax, state unemployment compensation debts, child support,
spousal support, or certain federal nontax debts, such as student
loans, all or part of the overpayment on line 47 may be used
(offset) to pay the past-due amount. Offsets for federal taxes
If you want us to directly deposit the amount shown on line 48a
are made by the IRS. All other offsets are made by the Treas-
to your checking or savings account, including an IRA, at a
ury Department's Bureau of the Fiscal Service. For federal tax
bank or other financial institution (such as a mutual fund, bro-
offsets, you will receive a notice from the IRS. For all other
kerage firm, or credit union) in the United States:
offsets, you will receive a notice from the Fiscal Service. To
Complete lines 48b through 48d if you want your refund
find out if you may have an offset or if you have any questions
deposited to only one account, or
about it, contact the agency to which you owe the debt.
Check the box on line 48a and attach Form 8888 if you
want to split the direct deposit of your refund into more than
Injured spouse. If you file a joint return and your spouse
one account or use all or part of your refund to buy paper series
hasn't paid past-due federal tax, state income tax, state unem-
I savings bonds.
ployment compensation debts, child support, spousal support,
If you don't want your refund directly deposited to your ac-
or a federal nontax debt, such as a student loan, part or all of
count, don't check the box on line 48a. Draw a line through the
the overpayment on line 47 may be used (offset) to pay the
boxes on lines 48b and 48d. We will send you a check instead.
past-due amount. But your part of the overpayment may be re-
Account must be in your name. Don't request a deposit of
funded to you if certain conditions apply and you complete
your refund to an account that isn't in your name, such as your
Form 8379. For details, use
Tax Topic 203
or see Form 8379.
tax return preparer's account. Although you owe your tax re-
Lines 48a Through 48d
turn preparer a fee for preparing your return, don't have any
part of your refund deposited into the preparer's account to pay
the fee.
Amount Refunded to You
The number of refunds that can be directly deposited to a
If you want to check the status of your refund, just use the
single account or prepaid debit card is limited to three a year.
IRS2Go phone app or go to IRS.gov/Refunds. See
Refund In-
After this limit is reached, paper checks will be sent instead.
formation, later. Information about your refund will generally
Learn more at IRS.gov/DepositLimit.
be available within 24 hours after the IRS receives your e-filed
return, or 4 weeks after you mail your paper return. If you filed
Why Use Direct Deposit?
Form 8379 with your return, wait 14 weeks (11 weeks if you
You get your refund faster by direct deposit than you do
filed electronically). Have your 2017 tax return handy so you
by check.
can enter your social security number, your filing status, and
Payment is more secure. There is no check that can get
the exact whole dollar amount of your refund.
lost or stolen.
It is more convenient. You don't have to make a trip to
the bank to deposit your check.
-61-
Need more information or forms? Visit IRS.gov.
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