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| *Ostroff, Fair and Company>>>Australia Taxes |
Tax qestion can anyone help? |
if i file for a rapid refund,and its online,if i dont have a checking account can i have it diposited into my grandmas account?or do you have to have it put into your own account? The person the check is made out to has to be an account holder of the checking account or the bank will reject the deposit. Do you have a savings account you can put it in? Refund anticipation loans will give you money, and your return will then be direct deposited into the account of the lender. So that means, for example...that if you get a rapid refund from H & R Block, they will be receiving your refund from the IRS. You will then have to pay them a fee to even access your refund. Nice, huh? Make sure that you get the full benefit of your refund by staying far away from H & R Block or one of those other commercial places. The IRS has a program called VITA that does free tax preparation for households earning $40,000 or less. They can make sure that you get all your eligible credits, such as the Earned Income Tax Credit, the Child Tax Credit, the Dependent Care Credit, etc. This is an absolutely FREE service. They can e-file and do direct deposit so that you can get your return back in 7-10 days. There is no need to get a refund anticipation loan, which is really nothing more than a high interest loan where you would be paying to borrow your own money. You have worked hard for your money and you should be able to keep it! To find a VITA free tax site near you, call the IRS at: 1-800-829-1040. www.unitedwaynashville.org/nwb... |
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