Direct deposit brokerage account


The IRS allows you to directly deposit your federal income tax refund into a maximum of three separate Schwab accounts. You may be able to directly deposit your state tax refund as well. Please refer to your state instructions on direct direct deposit brokerage account. Schwab routing numbers and account prefixes apply to both federal and state direct deposits. To deposit your income tax refund into a single direct deposit brokerage account, just fill out Lines 74b and 74d in the Refund section of your Form or A as shown below.

To deposit your income tax refund into multiple accounts, you must fill out Form Part Direct deposit brokerage account shown belowand check the box on Line 74a of your or A.

For the first account you deposit into, follow the steps below using Lines 1a through 1d. For subsequent accounts, use Lines 2a through 2d, 3a through 3d, etc. If you want your direct deposit to be classified as a prior-year contribution, we must receive the deposit by April 15, and you must notify us by calling before April Otherwise, we will treat it as a current tax year contribution. If you have any questions or need additional information, please call24 hours a day, 7 days a week.

This general information is not direct deposit brokerage account to be a substitute for specific individualized tax, legal, or investment planning advice and is not intended to be construed as tax advice. This information cannot be used for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable direct deposit brokerage account or local tax law provisions. Where specific advice is necessary or appropriate, Schwab recommends that you consult with a qualified tax advisor, CPA, financial planner, or investment manager.

Depositing your refund into a single account: Enter the deposit amount on line 74a. Enter Schwab routing number on Line 74b. Check the Checking direct deposit brokerage account. Enter Schwab prefix followed by your account number on Line 74d. For example, if your account number isyou would enter on Line 74d. To deposit into your Schwab Bank checking or savings account: Check the appropriate box for either Checking or Savings. Direct deposit brokerage account you are depositing into your Schwab Bank checking account, enter Schwab prefix followed by your account number on Line 74d.

If you are depositing into your Schwab Bank savings account, enter Schwab prefix followed by your account number on Line 74d. To deposit into your Schwab Plan account: Enter amount to be deposited into account on Line 1a of Form Enter Schwab routing number on Line 1b.

Enter Schwab prefix followed by your account number on Line 1d. To deposit into your Schwab Bank account: If you are depositing into your Schwab Bank checking account, enter Schwab prefix followed by your account number on Line 1d. If you are depositing into your Schwab Bank savings account, enter Schwab prefix followed by your account number on Line 1d. Enter the amount to be deposited into the account on Line 1a of Form Repeat Steps above for additional accounts.