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4 Total amount to be directly deposited. Add lines 1a, 2a, and 3a. The total must equal the amount
shown on Form 1040, line 74a; Form 1040A, line 45a; Form 1040EZ, line 12a; Form 1040NR,
line 72a; Form 1040NR-EZ, line 24a; Form 1040-SS, line 12a; or Form 1040-PR, line 12a 4
enter.
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Note. The routing and account numbers may be in different places on your check.
For Paperwork Reduction Act Notice, see back. Cat. No. 21858A Form 8888 (2006)
Form 8888 (2006) Page 2
Lines 1c, 2c, and 3c Changes in Refund Due to account on line 3 and the deposit to the
account shown on line 2 will be reduced
Check the appropriate box for the type Math Errors or Refund by $50.
of account. Do not check more than one Offsets
box for each line. If your deposit is to an Other offsets. If you owe other
account such as an IRA, HSA, or other The rules below explain how your direct past-due amounts (such as state income
similar account, ask your financial deposits may be adjusted. tax, child support, spousal support, or
institution whether you should check the certain federal nontax debts, such as
Math errors. The following rules apply if
“Checking” or “Savings” box. You must student loans) subject to offset by the
your refund is increased or decreased
check the correct box to ensure your Treasury Department’s Financial
due to a math error.
deposit is accepted. Management Service (FMS), the
Refund increased. If you made an past-due amounts will be deducted first
Line 4 error on your return and the amount of from the deposit to the account with the
your refund is increased, the additional lowest routing number. Any remaining
The total on line 4 must equal the
amount will be deposited to the last amount due will be deducted from the
amount you want refunded to you
account listed. If you asked that your deposit to the account with the next
shown on your tax return (Form 1040,
refund be split among three accounts, lowest routing number and then from the
line 74a; Form 1040A, line 45a; Form
1040EZ, line 12a; Form 1040NR, line any increase will be deposited to the deposit to the account with the highest
72a; Form 1040NR-EZ, line 24a; Form account shown on line 3. If you asked routing number.
1040-SS, line 12a; or Form 1040-PR, that your refund be split among two
accounts, any increase will be deposited If the deposit to one or more
line 12a). If the total on line 4 is different, of your accounts is changed
a check will be sent instead. to the account shown on line 2.
due to a math error or refund
Example. Your return shows a refund CAUTION offset, and that account is
Individual Retirement Arrangement of $300 and you ask that the refund be subject to contribution limits, such as an
(IRA) split among three accounts with $100 in IRA, HSA, Archer MSA, or Coverdell
You can have your refund directly each account. Due to an error on the ESA, or the deposit was deducted as a
deposited to a traditional IRA, Roth IRA, return, your refund is increased to $350. contribution to a tax-favored account on
or SEP-IRA, but not a SIMPLE IRA.You The additional $50 will be added to the your tax return, you may need to correct
must establish the IRA at a bank or deposit to the account shown on your contribution or file an amended
other financial institution before you line 3. return.
request direct deposit. Make sure your Refund decreased. If you made an Example. You deduct $1,000 on your
direct deposit will be accepted. You error on your return and the amount of 2006 tax return for an IRA contribution.
must also notify the trustee of your your refund is decreased, the decrease The contribution is to be made from a
account of the year to which the deposit will be taken first from any account direct deposit of your 2006 refund. Due
is to be applied. If you do not, the shown on line 3, next from the account to an offset by the FMS, the direct
trustee can assume the deposit is for the shown on line 2, and finally from the deposit is not made to your IRA. You
year during which you are filing your account shown on line 1. need to correct your contribution by the
return. For example, if you file your 2006 Example. Your return shows a refund due date of your return (determined
return during 2007 and do not notify the of $300 and you ask that the refund be without regard to any extension) or file
trustee in advance, the trustee can split among three accounts with $100 in an amended return.
assume the deposit to your IRA is for each account. Due to an error on your
2007. If you designate your deposit to return, your refund is decreased by Paperwork Reduction Act Notice. We
be for 2006, you must verify that the $150. You will not receive the $100 you ask for the information on this form to
deposit was actually made to the asked us to deposit to the account on carry out the Internal Revenue laws of
account by the due date of the return line 3 and the deposit to the account the United States. You are required to
(without regard to extensions). If the shown on line 2 will be reduced by $50. give us the information. We need it to
deposit is not made to your account by Note. If you appeal the math error and ensure that you are complying with
the due date (without regard to your appeal is upheld, the resulting these laws and to allow us to figure and
extensions), the deposit is not an IRA refund will be deposited to the account collect the right amount of tax.
contribution for 2006. In that case, you on line 1.
must file an amended 2006 return and You are not required to provide the
reduce any IRA deduction and any Refund offset. The following rules apply information requested on a form that is
if your refund is offset (used) to pay subject to the Paperwork Reduction Act
retirement savings contributions credit
past-due federal tax or certain other unless the form displays a valid OMB
you claimed.
debts. control number. Books or records
You and your spouse, if filing Past-due federal tax. If you owe relating to a form or its instructions must
jointly, each may be able to past-due federal tax and your refund is be retained as long as their contents
contribute up to $4,000 offset by the IRS to pay the tax, the may become material in the
CAUTION ($5,000 if age 50 or older at administration of any Internal Revenue
past-due amount will be deducted first
the end of 2006) to a traditional IRA or law. Generally, tax returns and return
from any deposit to an account shown
Roth IRA for 2006. You may have to pay information are confidential, as required
on line 3, next from the deposit to the
a penalty if your contributions exceed by Internal Revenue Code section 6103.
account shown on line 2, and finally
these limits. from the deposit to the account shown The average time and expenses
on line 1. required to complete and file this form
For more information on IRAs, will vary depending on individual
see Pub. 590, Individual Example. Your return shows a refund circumstances. For the estimated
TIP Retirement Arrangements of $300 and you asked us to split the averages, see the instructions for your
(IRAs). refund among three accounts with $100 income tax return.
in each account. You owe $150 from a
If you have suggestions for making
prior tax year. You will not receive the
this form simpler, we would be happy to
$100 you asked us to deposit to the hear from you. See the instructions for
your income tax return.