Section 60 Form 5330

Section 60 contains data for Direct Deposit and includes the following fields:

AFD

POS

FIELD NAME

FORM LINE #

60RTN

9

Routing Transit Number

Form 5330, Line 20b

60TDA

1

Type of Depositor Account Indicator

Form 5330, Line 20c

60DAN

17

Deposit Account Number

Form 5330, Line 20d

60DNV

17

DAN verified 2nd input

Form 5330, Line 20d

60DDC

NA

Direct Deposit Code

Computer Generated

Field 0320b, Routing Number, is located in Part II, Line 20b.

Correct coding and transcription errors.

Delete the data in field 0320b when non- numeric, illegible characters, or fewer than nine digits are present or the routing number has more than nine characters.

If the entry has been altered on a paper return, delete the entries in Field 0320b and 0320d.

Field 0320c, Routing Number, is located in Part II, Line 20c.

Correct coding and transcription errors.

Enter "C" if checking box is checked or "S" if savings box is checked.

If both boxes are checked, enter "C" .

Field 0320d, Accounting Number, is located in Part II, Line 20d.

Correct coding and transcription errors.

Delete the entry in field 0320d when any part of the depositor account illegible.

If the entry has been altered on a paper return, delete the entries in Field 0320b and 0320d.

Field 03DDC is a computer generated field and is not correctable.

The Direct Deposit Code is included in Section 03 screen display for information only.

Field 03DDC may be blank or it may contain a two-digit number that’s used by MF to generate a notice to the taxpayer.