Taxes

Getting your refund

Depositing your refund is really straightforward.

• The quickest option is to have your refund directly deposited into Simple. Just double check those account and routing numbersthose account and routing numbersthose account and routing numbers!
• If you choose to get your refund as a check, keep our Photo Check Deposit limits in mind. If the check exceeds your deposit limit, you can deposit it by mail. Joint refund checks must be endorsed by both people on the check.

One thing to keep in mind: the refund has to be in your name. We can accept joint tax refunds as long as one of the people listed on the refund is the account owner.

If you want to know when your refund will arrive, you can track it over here: https://www.irs.gov/Refunds

Paying your taxes

There are several ways to pay your taxes with Simple.

• You can schedule an auto debit (also called electronic funds transfers).
• The IRS and some states accept card payments, so you can pay them with your Simple Visa® Card. Keep in mind the $6,000 daily card spend limit.
• You can mail them a paper check or money order. You can pick up a money order with your Simple card at any USPS office. You can also get them with cash at many grocery and convenience stores.

1099-INT Forms

We will mail you a 1099 in late January for each account you own if your account or all accounts combined have earned $10 or more in value over a calendar year. This can include interest earned or other promotional credits. If your account(s) earned less than $10, we won't send you a 1099. Additional 1099 forms may be issued as necessary.