Guide to Tax Refunds

Did You Get A Substantial Tax Refund Last Year?

Put your money to work for you instead of letting the government use it interest-free. Simply increase the number of deductions you claim on your W-2 or W-4 form. You want to match your actual tax liability with your tax withholding and put the difference between what you paid last year and the new amount into your credit union share or money market account.

How Fast Do You Want Your Tax Refund?

When you choose to receive your tax refund as a paper check, the IRS says you can expect to wait from four to seven weeks to get your money. A safer and faster solution is to use Direct Deposit. It electronically transfers your refund into your credit union checking or savings account in as little as seven days. Even better, it’s easy to sign up and there’s no cost to you.

How Direct Deposit Works…

When you use Form 1040, 1040A or 1040-EZ, simply enter the Members 1st Routing and Transfer Number on your tax form: number 231278096. Then choose either your checking or savings account and enter the appropriate account number with no dashes or spaces. it’s that easy.

You can also use Direct Deposit for other one time or recurring payments, including Social Security or pension checks. If you have any questions, call or stop by the credit union.

*Source: Dollars, Sense, and You. Pacul Services, Inc.

return

You are now leaving Members 1st FCU

Members 1st FCU provides links to web sites of other organizations in order to provide visitors with certain information. A link does not constitute an endorsement of content, viewpoint, policies, products or services of that web site. Once you link to another web site not maintained by Members 1st FCU, you are subject to the terms and conditions of that web site, including but not limited to its privacy policy.

You will be redirected to

Click the link above to continue or CANCEL