• How to Receive a Refund

    From Lawrence Israel@21:1/5 to All on Thu May 6 11:41:43 2021
    The instructions for the Form 1040 say that for direct deposit, the account must be in the filer's name. What if the account is in the filer's name, and his father's name, as joint owners. The tax form is for the filer only. But the SSN associated with
    the account is the filer's. Will the IRS be happy with that?

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  • From ira smilovitz@21:1/5 to larry.i...@gmail.com on Thu May 6 13:54:14 2021
    On Thursday, May 6, 2021 at 11:43:52 AM UTC-4, larry.i...@gmail.com wrote:
    The instructions for the Form 1040 say that for direct deposit, the account must be in the filer's name. What if the account is in the filer's name, and his father's name, as joint owners. The tax form is for the filer only. But the SSN associated with
    the account is the filer's. Will the IRS be happy with that?

    --

    Joint ownership of the account shouldn't be a problem.

    Ira Smilovitz, EA
    Leonia, NJ

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

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