Expecting a tax refund this year?
You may automatically invest your refund in your
Delaware Investments® account. Line 73a on the 2008 IRS Form 1040 allows you to have your refund sent directly to a bank or mutual fund account. You may split your refund among two or more accounts by completing IRS Form 8888 and attaching it to your tax return. Direct investment of tax refunds offers tax filers a fast method of payment and eliminates the possibility of lost or stolen checks. If you would like to deposit your refund into your Delaware Investments account, refer to the figure below and fill in the following information on your tax form:
Step 1: Complete line 73a of IRS Form 1040 (use IRS Form 8888 only if you want to direct your deposit to two or more accounts):
Line 73b: 021000018
Line 73c: Checking
Line 73d: 55558999 + taxpayer's Social Security number (17 digits total)
Step 2: Mail or electronically file your completed IRS Form 1040 to the IRS as you normally would.
Step 3: Fill out and return Delaware Investments Tax Refund Direct Transfer (TRDT) form
Your investment must meet the $100 minimum subsequent investment requirement. If you would like to use your tax refund to open a new account, your refund amount must meet the established minimum initial investment amount, as outlined in the prospectus (generally $1,000). Please read the prospectus carefully before you invest or send money. If you are opening a new account, your Tax Refund Direct Transfer (TRDT) form must be accompanied by a New Account Registration form or an Individual Retirement Account Application, available from Delaware Investments or your financial advisor.
A TRDT form is provided at the above link, or on page 5 of the 2008 year-end tax information booklet. We ask that you complete all sections of this form and return it to
Delaware Investments. Once we receive your electronic deposit from the IRS, we will send you an account statement confirming the amount and the date we received your refund.
We're here to help you. If you need additional information or have any questions, please call us at 800 523-1918 weekdays 8 a.m. through 7 p.m. Eastern time.
The information contained in the Tax Center is not intended to be legal or tax advice. If you need assistance preparing your tax return, please consult a tax advisor.
Information may be abridged and therefore incomplete. Any discussion pertaining to taxes in this communication (including attachments) may be part of the promotion or marketing of a product. As provided for in government regulations, advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.
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