Just got an email: The IRS will create a new form, Form 8888, which will give taxpayers greater control over their refunds. Form 8888 will give taxpayers a choice of selecting one, two or three accounts such as checking, savings and retirement account. Taxpayers who want all their refund deposited directly into one account can still use the appropriate line on the Form 1040 series.
Some of my clients have enough trouble tracking direct deposit in one account - this could get interesting!
Some of my clients have enough trouble tracking direct deposit in one account - this could get interesting!