Question: What is a split refund?
The IRS allows your refund to be split. A split refund lets you divide your refund, in any proportion you want, and direct deposit the funds into up to three different accounts with U.S. financial institutions. Taxpayers use Form 8888 (PDF), Allocation of Refund, to request to have their refund split.
Category: IRS Procedures
Subcategory: Refund Inquiries