You can add Form 8888 - Allocation of Refund when you go through the screens to file your return. Please follow these steps:
Ok so thank you I found the form. No my question is last year we filed an amended return because the tax preparer forgot to the education credit form. So the 1040 was changed and we received a refund in the form of a check and a letter stating that we needed to file form 8888 this year. I have read the instructions under changes in refund due to math errors but still do not understand how to fill out this form. Can you please help me.
You can add Form 8888 - Allocation of Refund when you go through the screens to file your return. Please follow these steps:
I need to add injured spouse. Form 8379. To stop my wife from having her refund taken. I forgot to do this
@Robertjames42265 wrote:
I need to add injured spouse. Form 8379. To stop my wife from having her refund taken. I forgot to do this
See this TurboTax support FAQ for the Form 8379 after you have filed a joint tax return - https://ttlc.intuit.com/community/accessing/help/how-do-i-file-form-8379-injured-spouse-allocation/01/26228
@sailorjohn Are you attempting to set up direct deposit of your tax refund? if so, then you may follow the steps that IreneS supplied above in the thread.
OK. But it calls for electronic filing. Not printed paper filing like the Turbo MD tax form.
If you choose to file by mail all necessary forms and documents will print along with instructions on where to mail your return.
I did not include Form 8888 Allocation of Refund when I did my Vermont Taxes via Turbotax in March. Is this why I have not received a refund?
How do I send the Form 8888 to the IRS for a refund. Why to the IRS, when it is a Vermont Refund.
Been trying to figure this all out for 2 hours.. HELP please
Diana
@DMS69 wrote:
I did not include Form 8888 Allocation of Refund when I did my Vermont Taxes via Turbotax in March. Is this why I have not received a refund?
How do I send the Form 8888 to the IRS for a refund. Why to the IRS, when it is a Vermont Refund.
Been trying to figure this all out for 2 hours.. HELP please
Diana
An IRS Form 8888, Allocation of Refund, is only for allocating a Federal Tax Refund into different accounts. It is Not used for a state tax refund.
I did notice that AFTER I sent my question.
so okay, how do I submit a form 8888 to the IRS
Does anyone want to see the Federal IRS form 8888?
https://www.irs.gov/pub/irs-pdf/f8888.pdf
If you already filed it is too late to change anything or the deposit info.
If you haven't filed yet or it rejected you can go through the File tab to enter your bank info.
The questions & answers Irene S gives are not the screen I get using Turbotax Deluxe for 2021. The choices that I get are Direct Deposit to last year's bank account; New bank account; and send me a check.
What I want to do is split my refund and use part of the money to buy iBonds & have the rest go to last year's bank account. IRS Form 8888 is designed to do just that. How can I get to it from Turbotax?
@billl wrote:
The questions & answers Irene S gives are not the screen I get using Turbotax Deluxe for 2021. The choices that I get are Direct Deposit to last year's bank account; New bank account; and send me a check.
What I want to do is split my refund and use part of the money to buy iBonds & have the rest go to last year's bank account. IRS Form 8888 is designed to do just that. How can I get to it from Turbotax?
Are you using the TurboTax Deluxe online edition or the TurboTax Deluxe desktop CD/Download edition?
At the very bottom of the screen, there should be a box to check if you want to split the refund OR purchase US Series I Bonds. The image below is for the desktop program, but it is the same section for Online TurboTax.
Thank you. That worked.
But you have to know that the way to get to that question (about splitting the refund) is to choose one of the options above, which is not intuitive to me at least. If you included the splitting choice on the screen with the other three choices, it would be easier to figure out.
Thanks again.
Can I submit Form 8888 to buy I Bonds after filing my return but before I receive a refund? If so, how do I do that?
Can I submit Form 8888 to buy I Bonds after filing my return but before I receive a refund? If so, how do I do that? I e-filed my return about 2 weeks ago, before realizing the option to buy I-Bonds with the return.
@dlfpsu69 wrote:
Can I submit Form 8888 to buy I Bonds after filing my return but before I receive a refund? If so, how do I do that? I e-filed my return about 2 weeks ago, before realizing the option to buy I-Bonds with the return.
Once the tax return has been filed you cannot use the form 8888 for purchases or deposit allocations from the federal tax refund.
Same issue. Instructions are confusing. It would be much easier if a box was included to select I-Bond contribution rather than selecting direct deposit and then given the option for an I-bond.
Hi Dawn, I filled out form 8888 to refund $5000 in paper i-bond and have the refund balance applied to 2022 taxes. However, during eFile step I get the screen below, to deposit my $5000 refund to "Direct Deposit" account but no option to apply the $5000 in paper i-bond. I don't want to proceed with a direct deposit to my bank account. Any suggestions on how to proceed?
To clarify, what Turbo Tax version are you using, Online or Software?
@EEDacho