Split refund

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Icon Mini Profile karthikeyamurugesan




Joined: 18 Jul 2007

Posts: 9

4.50 Dollars($)
PostPosted: Tue Jul 24, 2007 5:46 am    Post subject: Split refund

If a person has not filed his 2005 return yet. Can he also split the 2005 refund?
Icon Mini Profile carnahandavid
carnahandavid



Joined: 21 Dec 2006

Posts: 239

58.41 Dollars($)
PostPosted: Tue Jul 24, 2007 2:56 pm    Post subject:

No Karthikeyamurugesan, refund splitting is not available for tax yrs. before 2006.

What you can do is opt for direct deposit of your 2005 refund into either your saving or checking account. But you will not be able to split this 2005 refund among 2 or 3 accounts.

David
Icon Mini Profile miller_st
miller_st



Joined: 17 Jan 2007

Posts: 917

168.92 Dollars($)
PostPosted: Tue Jul 24, 2007 6:17 pm    Post subject:

Quote:
If a person has not filed his 2005 return yet. Can he also split the 2005 refund?


You can read more about this topic from here - http://www.irs.gov/faqs/faq1-12.html
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