Electronic Deposit of Tax Refund of $1 Million or More Form 8302 ▶ (Rev. November 2018) Attach to your income tax return (other than Forms 1040, OMB No. 1545-1763

Department of the Treasury 1120, or 1120S), Form 1045, or Form 1139. Internal Revenue Service ▶ Go to www.irs.gov/Form8302 for the latest information. Name(s) shown on income tax return Identifying number

Name and location (city, state) of bank Taxpayer’s phone number

1 Method of deposit (one box must be checked) Direct deposit Fedwire 2 Routing number (must be nine digits). The first two digits must be between 01 and 12 or 21 through 32.

3 Account number (include hyphens but omit spaces and special symbols): 4 Type of account (one box must be checked): Checking Savings

General Instructions Conditions Resulting in a processed, see Assembling the Return in the instructions for the form with which Section references are to the Internal Refund by Check the Form 8302 is filed. For Forms 1045 Revenue Code unless otherwise noted. If the IRS is unable to process this or 1139, attach a separate Form 8302 for request for an electronic deposit, a refund each carryback year. Purpose of Form by check will be generated. Reasons for File Form 8302 to request that the IRS not processing a request include: Specific Instructions electronically deposit a tax refund of $1 • The name on the tax return does not Identifying number. Enter the employer million or more directly into an account match the name on the account. identification number or social security at any U.S. bank or other financial number shown on the tax return to which institution (such as a mutual fund, credit • You fail to indicate the method of deposit Form 8302 is attached. union, or brokerage firm) that accepts to be used (direct deposit or Fedwire). electronic deposits. • The financial institution rejects the Line 1. Direct deposit is an electronic payment alternative that uses the The benefits of an electronic deposit electronic deposit because of an Automated Clearing House (ACH) include a faster refund, the added incorrect routing or account number. system. Fedwire is a transaction-by- security of a paperless payment, and the • You fail to indicate the type of account transaction processing system designed savings of tax dollars associated with the the deposit is to be made to (checking or for items that must be received by reduced processing costs. savings). payees the same day as originated by Who May File • There is an outstanding liability the the IRS. offset of which reduces the refund to When there is a verified potential that Form 8302 may be filed with any tax less than $1 million. the tax refund will be applied to a debt return other than Form 1040, 1120, or • You are subject to the Treasury Offset owed to a particular agency, a Fedwire 1120S to request an electronic deposit Program (TOP) and fail to indicate direct deposit will be rejected due to the offset. of a refund of $1 million or more. You are deposit as the method of deposit to be To receive an electronic deposit, elect to not eligible to request an electronic used. use the direct deposit method of deposit deposit if: instead of Fedwire. • The receiving financial institution is a How To File Line 2. Enter the financial institution’s foreign bank or a foreign branch of a Attach Form 8302 to the applicable routing number and verify that the U.S. bank, or return or application for refund. To institution will accept the type of • You have applied for an employer ensure that your tax return is correctly electronic deposit requested. See the identification number but are filing your tax return before receiving one. Sample Check If Form 8302 is filed with Form 1045, Application for Tentative Refund, or Form 1139, Corporation Application for ABC Corporation Tentative Refund, both of which allow for 123 Main Street more than one year’s reporting, Anyplace, NJ 07000 electronic deposits may be made only for a year for which the refund is at least $1 million. Routing Account Note: Filers of Form 1040 must request number number a direct deposit of refund by completing (line 2) (line 3) the account information on that form. Filers of Forms 1120 or 1120S must request a direct deposit of a refund using Form 8050, Direct Deposit of Corporate Tax Refund. This includes a request for a refund of $1 million or more. Note: The routing and account numbers may be in different places on your check.

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 62280S Form 8302 (Rev. 11-2018) Form 8302 (Rev. 11-2018) Page 2

Sample Check for an example of where Privacy Act and Paperwork Reduction The time needed to provide this the routing number may be shown. Act Notice. We ask for the information information may vary depending on Check with your financial on this form to carry out the Internal individual circumstances. The estimated institution, if necessary, to Revenue laws of the United States. You average time is: ▲! verify that the routing number are required to give us the information. Recordkeeping . . . . 1 hr., 40 min. CAUTION entered on line 2 is correct. We need it to ensure that you are complying with these laws and to allow Learning about the law For accounts payable through a us to figure and collect the right amount or the form ...... 30 min. financial institution other than the one at of tax. Preparing and which the account is located, check with sending the form . . . . . 33 min. your financial institution for the correct You are not required to provide the routing number. Do not use a deposit information requested on a form that is If you have comments concerning the slip to verify the routing number. subject to the Paperwork Reduction Act accuracy of these time estimates or unless the form displays a valid OMB suggestions for making Form 8302 Line 3. Enter the taxpayer’s account control number. Books or records simpler, we would be happy to hear from number. Enter the number from left to relating to a form must be retained as you. You can send us comments right and leave any unused boxes blank. long as their contents may become through www.irs.gov/FormComments. See the Sample Check for an example of material in the administration of any Or you can write to the Internal Revenue where the account number may be Internal Revenue law. Generally, tax Service, Tax Forms and Publications, shown. returns and return information are 1111 Constitution Ave. NW, IR-6526, confidential, as required by Code section Washington DC 20224. Do not send 6103. Form 8302 to this address.