Source: Nancy Mullin, PAYROLL & BUSINESS EXPERTS BLOG, 1/25/11
The Treasury Department recently launched a pilot program that will give thousands of Americans the option to receive their 2010 tax refunds on a prepaid debit card instead of through a traditional paper check. For those low-income taxpayers that don’t have bank accounts, a VISA prepaid debit card provides faster delivery of their Federal tax refund.
A number of news agencies have been covering this topic. We’ve done some research and found three sources that provide a variety of information on this subject. Learn more about…
• Who will be given the option of a VISA debit card for their 2010 tax refund?
• What types of purchases can taxpayers make with their tax refund debit card?
• Will taxpayers be charged for using this prepaid debit card?
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