Janitor Bob Posted April 18, 2013 Report Posted April 18, 2013 I know that when filing electronically, you can split yoour refund direct deposit into different accounts...but can you do the same when you paper file? My client's e-filed return was rejected because his ex claimed the kid for HOH and EIC. She had only $600.00 income for the year and $48 tax withheld...so HOH got her nothing and EIC only got her a small amount. If my client takes the child for HOH and EIC, it increases his refund by over $3,000. From what I can see (months lived with each and support) it looks like my client "should" get HOH and EIC.....but to avoid ugliness, client wants the Ex to agree (with 50/50 split of the refund) and have me amend her return. It is a win/win for both......She agrees, but only if we can have 1/2 of his refund deposited into her checking account......Since she already filed, his return will need to be paper-filed (after I mail her amendment). Can this splitting of direct deposit be done when paper-filing? Quote
Lion EA Posted April 18, 2013 Report Posted April 18, 2013 It's Form 8888 or something like that, so check its instructions to see if it goes with a paper return or not. Quote
Gileam Posted April 18, 2013 Report Posted April 18, 2013 it is the Form 8888. yes it can be paper filed according to IRS documentation. Quote
Janitor Bob Posted April 18, 2013 Author Report Posted April 18, 2013 Thanks....I was pretty sure it was the 8888, and I am sure I could have found it myself...but I wanted a reason to share the situation...I hate being in the middle of these! Quote
kcjenkins Posted April 18, 2013 Report Posted April 18, 2013 Yeah, that sort of situation tens to be a no-win game, often deteriorates into all-out war, and you can end up collateral damage. At least that form gives you a way to protect yourself from having to side with either one. We used to have to do things like having the refund go to a lawyer to be divided,not a very good option, but the best we could offer before the new option of the 8888. Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.