Forum News Service, Published January 22 2014
Direct deposit speeds tax refunds
ST. PAUL - The Minnesota Revenue Department is pushing taxpayers to opt for direct deposit of their tax refunds.
“Choosing direct deposit can shorten the time it takes to receive your refund,” assistant revenue commissioner Terri Steenblock said. “And, it’s safe, easy and convenient; we deposit your tax refund directly into your checking or savings account.”
In addition to being faster, Steenblock said, direct deposit saves the state more than $400,000 a year in printing and mailing costs. Last year, 73 percent of taxpayers receiving refunds used direct deposit.