Screen MDBank - Maryland Direct Deposit and Electronic Funds Withdrawal (1120)

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Account Information

Suppress direct deposit of refund: Corporate return
The application automatically selects direct deposit for the return’s refund when the financial institution information has been entered in this screen. Enter
X
if you don't want to deposit the state refund directly into the client’s account.
Suppress direct deposit of refund: Composite return (S Corp)
The application automatically selects direct deposit for the composite refund when the financial institution information has been entered in this screen. Enter
X
if you don't want to deposit the composite refund directly into the client’s account.
Name of financial institution / … / Non-US financial institution
The application automatically transfers the financial institution information entered in the federal Bank screen for direct deposit and electronic funds withdrawal. To use a different account for the Maryland return, enter the financial institution information in this screen.

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