answersLogoWhite

0

What is a split refund?

User Avatar

Wiki User

9y ago

Best Answer

A split refund allows you divide your refund, in almost any proportion you would like, and direct deposit the funds into as much as three different accounts with U.S. banking institutions. Use Form 8888, Allocation of Refund, to request to possess your refund split.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a split refund?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a refund?

A split refund allows you divide your refund, in almost any proportion you would like, and direct deposit the funds into as much as three different accounts with U.S. banking institutions. Use Form 8888, Allocation of Refund, to request to possess your refund split.


Have Your Tax Refund Submitted into Multiple Accounts?

Married couples can take advantage of this great tip for filing taxes. If you want to have a direct deposit of your tax refund, then you should try to get the deposit broken down into multiple accounts. For married couples, this is a great way to split up a tax refund and make sure each spouse gets his or her share. You should make sure ahead of time that a bank will accept a tax refund that has been split up. Some banks refuse to split up a tax refund into multiple accounts. You need to be sure of this before taking advantage of this option.


Are you really getting a refund when you get your tax refund from the Internal Revenue Service?

Yes, a refund of overpayment...but a refund nonetheless.


wheresmyrefund where's my refund?

where is my refund


Where can I find a tax refund schedule online?

A tax refund schedule can be found online at various different site. Some of these include http://www.irs.com/2011-federal-tax-refund-schedule/ as well as http://www.efile.com/tax-refund/where-is-my-refund/. where is my refund


Is a federal tax refund taxed?

No its not taxed. When you receive your refund, you will notice that their nothing withheld from your refund of any sort. You definitely do not have to report your refund to the IRS-its your money that you earned.


Where could I find out about a tax refund loan?

A tax refund loan is a loan that is provided to you until you receive your tax refund. You can pursue this option if you have done your taxes and are expecting a refund.


How can you use refund in a sentence?

You might receive a tax refund.


Refund used as a noun in a sentence?

I'm expecting a refund.


Can you get a tax refund if you have a set wage garnishment?

No they will offset your refund.


What is the max refund for federal taxes?

There is no maximum refund. If you overpaid your federal taxes, you'll get a refund for the overpayment no matter how much it is.


How do you get refund?

Well you can just ask the person who sold you the certain item for a refund. But it also depends if the person has a no-refund policy.