H. Prepaid Cards

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H. Prepaid Cards

So that you can use the rate of IRS’s typical eight- to fifteen-day reimbursement, taxpayers will need to have a banking account into that the refund may be direct deposited. Taxpayers with out a bank-account should really be motivated to start a merchant account to get their reimbursement, but there are various other choices too. Taxpayers without having a bank-account may have their reimbursement deposited to a prepaid card, including any existing payroll or reloadable prepaid card that the taxpayer currently has.

Last year, the U. S. Department of Treasury carried out a pilot task providing 600,000 low-cost prepaid cards to families whom might not have had a banking account to get their taxation refunds. 52 Customer advocates supported the Treasury pilot, and had hoped it might be expanded nationwide in 2012. (بیشتر…)