588: Direct Deposit of Maryland Income Tax Refund to More Than One Account (2025)
Maryland · Comptroller of Maryland · Used for tax years 2025
Maryland Form 588 lets you split your income tax refund by direct deposit into two or three accounts. It records the amount for each account, routing and account numbers, account types, and account holder names.
Who files this form
Use Form 588 if you want your 2025 Maryland income tax refund directly deposited into two or three of your accounts at financial institutions in the United States.
- Each account must be in your name.
- You cannot choose to receive any part of the refund by check when using this form.
- For a deposit into just one account, request direct deposit on your tax return instead.
- If you are filing Form 502INJ, Maryland Injured Spouse Form, do not use Form 588. You may request direct deposit into one account on your income tax return.
What you'll need
Have the following information ready:
- Your name and Social Security number or federal identification number, plus the spouse information requested on the form.
- Your refund amount from Form 502, line 50; Form 505, line 53; or Form 504, line 38.
- For each account: the deposit amount, nine-digit routing number, account number, checking or savings account type, and name or names exactly as they appear on the account.
Check with each financial institution to confirm that it will accept the deposit and to verify the correct routing and account numbers.
How to file
- Print using blue or black ink only.
- Complete the details for two or three accounts. Each deposit must be at least $1.
- Add lines 1a, 2a, and 3a and enter the total on line 4. It must equal your full refund shown on your tax return.
- Enter code 588 on one of the code number lines to the right of the telephone number area on your tax return.
- Attach your completed Form 588 to your tax return.
The text does not provide a mailing address or e-filing instructions.
Common mistakes
- Crossing out or using whiteout on numbers. Maryland will reject the direct deposit request and send a check.
- Forgetting code 588 or the attachment. Maryland cannot split the direct deposit unless you enter the code on your return and attach Form 588.
- Entering incorrect bank details. Maryland is not responsible for recovering a refund sent using incorrect account information. Do not use a deposit slip's routing number if it differs from the one on your checks.
- Using an invalid routing number. It must have nine digits and begin with 01 through 12 or 21 through 32. Otherwise, a check will be sent.
- Selecting both account types. Check only one box, checking or savings, for each account.
- Including extra characters in the account number. Use no more than 17 letters and numbers. Omit spaces, hyphens, special symbols, and the check number.
- Entering a mismatched total. Line 4 must equal both the sum of the deposit amounts and the refund on your return. If it differs from your refund, a check will be sent instead.
Questions people ask
Can a joint refund go into an individual account?
Some financial institutions do not allow this. Check with your institution before requesting the deposit.
What happens if a financial institution rejects a deposit?
A check will be sent instead. Maryland is not responsible if a financial institution rejects a direct deposit.
What if a math error changes my refund?
An increase goes to the last account listed on line 2 or 3, as applicable. A decrease reduces deposits on lines 3, 2, and 1, in that order, as applicable. If you successfully appeal a math error, the resulting refund will be a paper check.
What if my refund is used to pay past-due debts?
The offset reduces deposits to the accounts on lines 3, 2, and 1, in that order, as applicable.
Can I use my refund to buy U.S. Series I Savings Bonds?
Individual taxpayers may direct all or part of their refund to an established TreasuryDirect account. The form lists routing number 051736158 and requires your TreasuryDirect account number. After the deposit arrives, you may access that account to purchase the bonds. Visit treasurydirect.gov for information.