; (ii) in subparagraph (C)— (I) by striking in paragraph (1)(A) and inserting in paragraph (1) ; and (II) by striking clause (i) or (ii) of paragraph (1)(A) and inserting subparagraph (A) or (B) of paragraph (1) ; and (iii) in subparagraph (D), by striking paragraph (1)(A) or (1)(B) and inserting such paragraph . 4. Split refunds may include tax return preparer (a) In general Section 6402 of the Internal Revenue Code of 1986 is amended by adding at the end the following: (n) Split refunds An income tax refund requested on a return of Federal income tax prepared by an income tax preparer may be split between the preparer and the taxpayer in accordance with the split requested by the taxpayer on the return, except that the amount designated for the preparer may not exceed the amount prescribed by the Secretary by regulation or other guidance. A split of an individual income tax return under this subsection shall not be treated as disreputable conduct merely because the taxpayer requested such split. . (b) Effective date The amendment made by subsection (a) shall apply with respect to returns for taxable years ending after the date of the enactment of this Act. 5. Regulations Regulations issued under section 7812 of the Internal Revenue Code of 1986, as added by section 2, and regulations issued under section 1029B of the Consumer Financial Protection Act of 2010, as added by section 3, should be coordinated to the extent practicable.