Caution for Form 8888, Allocation of Refund (Including Savings Bond Purchases) -- 23-NOV-2011
Delays in processing may affect your refund split:
If the processing of your return is delayed, your refund will not be split; all of it will be deposited into the first account listed on Form 8888. Be sure the first account listed on Form 8888 is an account you would want the entire refund to be deposited in if this happens.
The 2011 version of Form 8888 is available for download.