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Video instructions and help with filling out and completing Irs form 8888 2022
Instructions and Help about Irs form 8888 2022
Music join the eight intent taxpayers who get their refunds faster by using efile and direct deposit you have several options for receiving your federal individual income tax refund the fastest way is by direct deposit into your checking or savings account including an individual retirement arrangement you can also request a deposit to a Treasury direct online account to buy US Treasury marketable securities and savings bonds you can also purchase of u.s. series I savings bonds up to five thousand dollars or you can also receive your refund by paper checks sent to the address listed on your return new this year you can also choose to direct deposit part or all of your refund into a Myra account Myra is a new retirement account from the United States Treasury you must have an existing Myra account before you file your return and your routing number and account number to direct deposit your refund go to meyer gov for more information if you choose to receive your refund by direct deposit there is an option to split your refund into as many as three separate accounts for example you can request that IRS directly deposit into a checking a savings and a retirement account by completing form 8888 allocation of refund including savings bond purchases and attaching it to your income tax return this option is not available if you file form 8300 seventy nine injured spouse allocation as a reminder your refund should only be directly deposited into accounts that are in your own name your spouse's name or both if it's a joint account please note to receive your refund by direct deposit weather into one account or more the total refund amount must be one dollar or more in an effort to combat fraud and identity theft the IRS limits the number of direct deposits into a single financial account or prepaid debit card to three refunds a year taxpayers who exceed this limit will receive a notice and a refund check refunds for electronically filed returns process within 21 days of the e-file acceptance date refunds from mailed paper returns process within six to eight weeks from the date the IRS receives it even though the IRS issues more than nine out of ten refunds in less than 21 days incomplete or inaccurate tax returns may require further review and could take longer than the normal processing time IRS representatives can research the status of your return only if it has been more than 21 days since you received your efile acceptance notification or more than six weeks since you mailed your paper return or if where's my refund directs you to contact IRS whereas my refund has the most up-to-date information available about your refund use it to get your personalized refund status the tool is updated once a day so you don't need to check more often you can also download our free mobile app years to go from an iPhone.