You can split your refund among up to three different U.S. financial institutions as long as they will accept a direct deposit to your account. Remember: You can ask IRS to direct deposit your refund into your account, your spouse’s account or a joint account.

Why did I get partial refund?

The most common reason for this is a refund offset. All or part of a taxpayers refund may have been used (offset) to pay off past-due federal tax, state income tax, state unemployment compensation debts, child support, spousal support, or other federal nontax debts, such as student loans.

What can I do with my split refund?

A split refund is a procedure that allows an individual to break down his tax refund into several relative amount and deposit the money in different financial institutions in the country. The refund can be placed in up to 3 different bank accounts (checking and savings),…

How to split your federal income tax return?

Simply follow the instructions your tax software provides to do it electronically. If you file a paper tax return, complete and attach Form 8888, Allocation of Refund (Including Savings Bonds Purchases) to your federal income tax return to tell IRS how much and to which of your accounts you want your refund deposited.

Can a tax refund be deposited into more than one account?

No more than three electronic refunds can be directly deposited into a single financial account or pre-paid debit card. Taxpayers who exceed the limit will receive an IRS notice and a paper refund. Does my refund have to exceed a certain amount to split it into different accounts? Your deposit to each account must be at least one dollar.

Can you direct a refund to someone else’s account?

Remember: You can direct your refund to any of your checking or savings accounts, but you cannot direct your refund to someone else’s account, except for your spouse’s account, if this is a joint refund. No more than three electronic refunds can be directly deposited into a single financial account or pre-paid debit card.