The direct debit option is available through most tax preparation software, tax professionals, and TeleFile. The e-file credit card option is available through a number of tax preparation software packages and tax professionals. If you are due a refund, you can have your check deposited directly into your account at a bank or other financial institution. Having your refund check deposited directly into your account saves you time, you will receive your refund faster, and it eliminates the chance of your check getting lost or stolen. The Minnesota Department of Revenue urges Minnesotans to file electronically and use direct deposit for their income tax refunds.
Electronic filing offers convenience and accuracy.
People who file their income tax returns electronically are less likely to submit returns containing errors because the computer calculates all of the figures automatically. Also, when taxpayers file electronically, the time that it takes to receive a refund is shortened significantly. Electronic filers can expect their refund within 15 business days even sooner when they have their refunds deposited directly into their bank accounts. Tax practitioners who filed more than 500 returns last year are mandated by the state to file all returns electronically this year. However, taxpayers may sign a waiver that allows their tax preparers to file on standard paper forms.