Form 8888 - Allocation Of Refund (Including Savings Bond Purchases) - 2015 Page 3
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Form 8888 (2015)
Page
Other offsets. If you owe other past-due
Ask your financial institution for the
1a and 2a will be directly deposited to the
accounts you indicated.
correct routing number to enter if:
amounts (such as state income tax, child
support, spousal support, or certain federal
• The routing number on a deposit slip is
The IRS isn't responsible for a
▲
nontax debts, such as student loans)
!
different from the routing number on your
lost refund if you enter the
subject to offset by the Treasury
checks,
wrong account information.
Department’s Bureau of the Fiscal Service,
• Your deposit is to a savings account that
Check with your financial
CAUTION
the past-due amounts will be deducted first
doesn't allow you to write checks,
institution to get the correct routing and
from the deposit to the account with the
• Your checks state they are payable
account numbers and to make sure your
lowest routing number. Any remaining
through a financial institution different from
direct deposit will be accepted.
amount due will be deducted from the
the one at which you have your account, or
Changes in Refund Due to Math
deposit to the account with the next lowest
• Your deposit is to a myRA account.
routing number and then from the deposit
Errors or Refund Offsets
Lines 1c, 2c, and 3c
to the account with the highest routing
The rules below explain how your direct
number.
Check the appropriate box for the type of
deposits may be adjusted.
account. Don't check more than one box
If the deposit to one or more of
▲
!
Math Errors
for each line. If your deposit is to an
your accounts is changed due
account such as an IRA, HSA, brokerage
The following rules apply if your refund is
to a math error or refund offset,
increased or decreased due to a math
account, or other similar account, ask your
and that account is subject to
CAUTION
error.
financial institution whether you should
contribution limits, such as an IRA, HSA,
check the “Checking” or “Savings” box.
Refund increased. If you made an error on
Archer MSA, or Coverdell ESA, or the
You must check the correct box to ensure
deposit was deducted as a contribution to
your return and the amount of your refund
your deposit is accepted. If your deposit is
a tax-favored account on your tax return,
is increased, the additional amount will be
to a TreasuryDirect® online account or
you may need to correct your contribution
deposited to the last account listed. If you
myRA account, check the “Savings” box.
or file an amended return.
asked that your refund be split among
three accounts, any increase will be
Example. You deduct $1,000 on your
Lines 1d, 2d, and 3d
deposited to the account on line 3. If you
2015 tax return for an IRA contribution. The
The account number can be up to 17
asked that your refund be split among two
contribution is to be made from a direct
characters (both numbers and letters).
accounts, any increase will be deposited to
deposit of your 2015 refund. Due to an
Include hyphens but omit spaces and
the account on line 2.
offset by the Bureau of the Fiscal Service,
special symbols. Enter the number from left
the direct deposit isn't made to your IRA.
Example. Your return shows a refund of
to right and leave any unused boxes blank.
You need to correct your contribution by
$300 and you ask that the refund be split
On the sample check in these instructions,
contributing $1,000 to the IRA from another
among three accounts with $100 in each
the account number is 20202086. Don't
source by the due date of your return
account. Due to an error on the return, your
include the check number.
(determined without regard to any
refund is increased to $350. The additional
Reasons Your Direct Deposit
extension) or file an amended return
$50 will be added to the deposit to the
Request Will Be Rejected
without the IRA deduction.
account on line 3.
Refund decreased. If you made an error
If any of the following apply, your direct
Part II
on your return and the amount of your
deposit request will be rejected and a
You may request up to three different
refund is decreased, the decrease will be
check will be sent instead.
savings bond registrations. However, each
taken first from any deposit to an account
• You are asking to have a joint refund
registration must be a multiple of $50, and
on line 3, next from the deposit to the
deposited to an individual account, and
the total of lines 4, 5a, and 6a can't be
account on line 2, and finally from the
your financial institution(s) won't allow this.
more than $5,000 (or your refund amount,
deposit to the account on line 1.
The IRS isn't responsible if a financial
whichever is smaller).
Example. Your return shows a refund of
institution rejects a direct deposit.
Line 4
$300, and you ask that the refund be split
• The name on your account doesn't match
among three accounts with $100 in each
the name on the refund, and your financial
You can skip line 4 if you want
account. Due to an error on your return,
institution(s) won't allow a refund to be
to buy bonds for someone other
TIP
your refund is decreased by $150. You
than yourself (and your spouse,
deposited unless the name on the refund
won't receive the $100 you asked us to
if filing jointly).
matches the name on the account.
deposit to the account on line 3, and the
• Three direct deposits of tax refunds have
Enter the portion of your refund you want
deposit to the account on line 2 will be
already been made to the same account or
to use to buy bonds for yourself (and your
reduced by $50.
prepaid debit card.
spouse, if filing jointly). These bonds will be
Note: If you appeal the math error and your
registered in the name(s) shown on your
• You haven't given a valid account
appeal is upheld, the resulting refund will
return.
number.
be deposited to the account on line 1.
• You file your 2015 return after
Lines 5a and 6a
Refund Offset
December 31, 2016.
Enter the portion of your refund you want
The following rules apply if your refund is
If your financial institution rejects one or
to use to buy bonds for yourself, your
offset (used) to pay past-due federal tax or
two but not all of your direct deposit
spouse, or someone else. This amount
certain other debts.
requests, you may get part of your refund
must be a multiple of $50.
as a paper check and part as a direct
Past-due federal tax. If you owe past-due
Lines 5b and 6b
deposit.
federal tax and your refund is offset by the
Enter the owner’s name for this bond
IRS to pay the tax, the past-due amount
Example. You complete lines 1 and 2
registration. This can be you, your spouse,
will be deducted first from any deposit to
correctly but forget to enter an account
or someone else. However, enter only one
an account on line 3, next from the deposit
number on line 3d. You will get a paper
name. Enter the first name followed by the
to the account on line 2, and finally from
check for any amount shown on line 3a.
the deposit to the account on line 1.
The parts of your refund shown on lines
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