A new direct deposit service from the IRS and your bank

Life will go a little bit easier...if you are one of the millions of taxpayers now eligible for direct deposit of their tax refund. Most likely, you are, since most everyone can now take advantage of a service once reserved for those filing electronically or using the 1040PC format.

Working with your bank, the IRS will transmit your 2004 tax refund directly to your bank account. Direct deposit is:

Safer

There is no check to get lost or stolen

Easier

There's no need to arrange for a deposit or to make a special trip to the bank. (Especially helpful if you travel or are away for home.)

Quicker

According to the IRS, direct deposit of your return enables the IRS to deposit your refund up to 3 weeks earlier than if you were to received it by mail.   Thus, the money goes directly to your account (the bank records immediately).  Your can put your tax refund to work right away.

To choose this service, simply include your bank information directly on your 1040 form in the section labeled "Refund."

Talk to your banker today about taking advantage of IRS Direct-the safe, easy way to get your 2004 refund!

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