How can people avoid RALs?
• E-file and request direct deposit — When an individual e-files, they can request the IRS and the state to electronically deposit the refund directly into their personal checking/savings account. It typically takes 10 business days for the IRS and 4-5 business days for the state to process and electronically deposit a refund. • Open a checking or savings account — An individual should consider opening a checking or savings account so their refund can be electronically deposited and available for immediate use. Many banks and/or credit unions will set-up an account for free. If a person chooses to use a check-cashing store, one should take note that these stores charge additional fees to cash a check ($50 on average). Nationally, 10 million families do not have bank accounts according to the National Consumer Law Center. • Visit a free tax preparation site (commonly referred to as VITA or TCE) — Trained volunteers will prepare an individual’s tax return for free. Plus, many sites will
