Instructions For Form 1040ez - Income Tax Return For Single And Joint Filers With No Dependents - 2017 Page 22

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2017 Form 1040EZ—Line 13a through Line13d
IRA. You must establish the IRA at a bank or other financial insti-
Line 13c
tution before you request direct deposit. Make sure your direct
Check the appropriate box for the type of account. Don’t check
deposit will be accepted. You also must notify the trustee or cus-
more than one box. If the deposit is to an account such as an
todian of your account of the year to which the deposit is to be
IRA, health savings account, brokerage account, or other similar
applied (unless the trustee or custodian won't accept a deposit
account, ask your financial institution whether you should check
for 2017). If you don't, the trustee or custodian can assume the
the “Checking” or “Savings” box. You must check the correct box
deposit is for the year during which you are filing the return. For
to ensure your deposit is accepted. If your deposit is to a Treas-
example, if you file your 2017 return during 2018 and don’t notify
uryDirect® online account, check the “Savings” box.
the trustee or custodian in advance, the trustee or custodian can
assume the deposit to your IRA is for 2018. If you designate your
Line 13d
deposit to be for 2017, you must verify that the deposit was ac-
tually made to the account by the due date of the return (not
The account number can be up to 17 characters (both numbers
counting extensions). If the deposit isn't made by that date, the
and letters). Include hyphens but omit spaces and special sym-
deposit isn't an IRA contribution for 2017. If you make a contribu-
bols. Enter the number from left to right and leave any unused
tion to a traditional IRA for 2017, you may be able to take an IRA
boxes blank. On the sample check below, the account number is
deduction, but you must file Form 1040A or 1040 to do so.
20202086. Don’t include the check number.
You and your spouse each may be able to contribute
If the direct deposit to your account(s) is different from the
up to $5,500 ($6,500 if age 50 or older at the end of
amount you expected, you will receive an explanation in the mail
!
2017) to a traditional IRA or Roth IRA for 2017. You
about 2 weeks after your refund is deposited.
CAUTION
may owe a penalty if your total contributions exceed these limits
and the limits may be lower depending on your compensation in-
Sample Check—Lines 13b Through 13d
come. For more information on IRA contributions, see Pub.
590-A.
1234
Henry Maple
Naomi Maple
15-0000/0000
1234 Redwood Circle
For more information on IRAs, see Pub. 590-A and Pub.
Anytown, MD 20000
590-B.
PAY TO THE
$
ORDER OF
TreasuryDirect®. You can request a deposit of your refund (or
Routing
Account
number
number
DOLLARS
part of it) to a TreasuryDirect® online account to buy U.S. Treas-
(line 13b)
(line 13d)
ury marketable securities and savings bonds. For more informa-
ANYTOWN BANK
Do not include
Anytown, MD 20000
the check number.
tion, go to go.usa.gov/3KvcP.
For
Form 8888. You can have your refund directly deposited into
:202020 "’ 86 " . 1234
|
|
:250250025
more than one account or use it to buy up to $5,000 in paper ser-
ies I savings bonds. You don’t need a TreasuryDirect® account
The routing and account numbers may be in different
to do this. For more information, see the Form 8888 instructions.
places on your check.
CAUTION
Line 13a
Reasons Your Direct Deposit Request Will Be
You can’t file Form 8888 to split your refund into more than one
Rejected
account or buy paper series I savings bonds if Form 8379 is filed
with your return.
If any of the following apply, your direct deposit request will be
rejected and a check will be sent instead.
Line 13b
You are asking to have a joint refund deposited to an individ-
ual account, and your financial institution(s) won't allow this.
The routing number must be nine digits. The first two digits must
The IRS isn't responsible if a financial institution rejects a di-
be 01 through 12 or 21 through 32. On the sample check later,
rect deposit.
the routing number is 250250025. Henry and Naomi Maple
The name on your account doesn't match the name on the
would use that routing number unless their financial institution in-
refund, and your financial institution(s) won't allow a refund
structed them to use a different routing number for direct depos-
to be deposited unless the name on the refund matches the
its.
name on the account.
Ask your financial institution for the correct routing number to
Three direct deposits of tax refunds already have been
enter on line 13b if:
made to the same account or prepaid debit card.
The routing number on a deposit slip is different from the
You haven't given a valid account number.
routing number on your checks,
You file your 2017 return after November 30, 2018.
Your deposit is to a savings account that doesn't allow you
Any numbers or letters on lines 13b through 13d are
to write checks, or
crossed out or whited out.
Your checks state they are payable through a financial insti-
tution different from the one at which you have your check-
ing account.
-22-
Instructions for Form 1040EZ

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