Financial Matters: Pay taxes online

PORTSMOUTH, Va. (WVBT) - Time is running out to file your taxes!

There's a very easy way to do get them done online with BayPort Credit Union.

E-Commerce Manager, Marilyn Lamb, explains.

How can Turbo Tax make it easier?

-- Faster and larger refunds - in as few as 8 days with e-file and direct deposit
-- Discounted tax preparation. BayPort Credit Union users receive a 15% discount on TurboTax Online paid federal editions.
-- Ease of Use. Users receive step by step instruction and special guidance for 1st time users

What do people need to have before they get started?

-- Personal Information - Social Security Number for yourself, spouse & dependants
-- Information about your income - W-2 Forms; Investment Income; State & Federal Tax Refunds; etc.
-- Adjustment to your income - Homebuyer Credits; IRA Contributions; Student Loans Interest; etc.
-- Itemized tax deductions and credits - Child Care Costs; Interest You Paid; Charitable Donations, etc.
-- Taxes you've paid - State & Local Income Taxes; Real Estate & Personal Property Taxes; etc.

Complete list can be found on BayPort Credit Union's website.

Watch the Financial Matters segment on The Hampton Roads Show and for more information on BayPort Credit Union, visit them online at www.BayPortCU.org .