How Can I Enter Form 8888 - Allocation of Refund Into Multiple Accounts in ProWeb?
You must enable Form 8888 in the Configuration of your Office for you to be able to file Form 8888 in ProWeb. To do this:
- Go to the Welcome Page of your ProWeb
- Select Configuration
- Then select Office Setup
- Below the Office Configuration section, mark the check box that is next to the "Offer 8888" option.
Upon completion of the above process, you can then include Form 8888 in a return. Unlike other forms, Form 8888 is added to a return on the E-File page and not within the return. To do this:
- Go to the Main Menu of the tax return (Form 1040)
- Select E-File
- Select the option "E-File: Direct Deposit or Paper Return With Direct Deposit"
- Then, below the section for "Taxpayer Bank Account Information," enter the information for the bank accounts that will receive the refund.
- Proceed to include any amount to be assigned to a paper check as well as any data for Savings Bonds should the taxpayer wish to purchase any.
- After that, click Next then proceed to complete the E-File.
Note: It is only when the return has been marked for direct deposit that Form 8888 can be assessed. In case the taxpayer uses bank products that are tax related, you won't be able to use this Form.
Additional Information: