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Temecula California online Form 8888: What You Should Know

When you file your federal tax return and Form 8888 is associated with that tax return, the amount of time you will need to wait from the time your refund is deposited to receive your money will be the same as you spent preparing the return. See Section of the Payroll Credit Protection Act as to the effect of filing a Form 8888 on the amount of time you will need to wait before you receive your tax refund. Filing Form 8888 to obtain a copy of, or request a copy of, your tax return? You may be able to get a copy of your tax return using the Direct Deposit Service of the Internal Revenue Service or the Federal Direct Deposit Service of the Federal Deposit Insurance Corporation. The same is true of filing Form 8888 to obtain a copy of, or request a copy of, the return. The Form 8888 is completed automatically for you so you are not required to fill out and submit one or more of the attached Forms 8889. The form is available. You can download your Form 8888 from the website. If you choose not to file a Form 8888, the IRS may choose to make a non-refundable tax credit (e.g., a tax credit for a qualified first-time homebuyer) or refund you. The IRS will determine the refund amount for a tax credit (which is generally less than the amount of tax you owe) based on the following facts: the amount and timing of the tax loss, and the tax period and tax basis (for the tax loss), and the tax return or return method used. However, the IRS will make a refund for tax loss only if you, or a person authorized to act on your behalf, pay the full amount due and properly file an applicable return by the due date without a material error.

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