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OUCU Tax Services

Not a credit union member? Not a problem! We can still prepare your taxes!

  • Convenient, competent and complete tax preparation services
  • Federal, state, and local tax form preparation for both individual and commercial entities
  • Returns filed electronically for fast and secure submissions
  • Small business accounting services available 

Exclusive Tax Discount Offers

  • $10 off when you schedule your appt. by Feb 28
  • $25 off for any local business that is a first-time OUCU tax prep customer
  • 10% off tax preparation for Senior Associates' Club members
  • Members can redeem CU Reward Bonus points for tax preparation services.

For more information, contact Robert Payne at 740.597.2857 or tax@oucu.org or, Cory Corrigan, Vice President of Financial Services, CPA, at tax@oucu.org, (740) 597-2859 or 1 (800) 562-8420 (ext. 72859).

Ohio University Credit Union Financial Services is a wholly-owned subsidiary of Ohio University Credit Union. .

 

Want to Know the Status of Your Tax Refund?

For your Ohio tax refund go to wheresmyrefund

For your federal refund follow these simple steps:

  1. Go to the IRS webpage. (This website will tell you the exact date the refund was sent and provide information regarding potential delays in processing the return).

Enter the following information:

  • Social Security Number
  • Filing Status
  • Refund Amount
  • Click the Submit button  
     

NEW! Online banking now includes a new feature to help you view your completed tax returns. Click on the "Document Cabinet" icon under the "All Services" tab, and you'll be able to view your tax returns right in online banking!

 

Tax Tips for 2015

  • Filing season for your 2014 return begins on Jan. 20th and ends on April 15th, 2015.
  • 2014 was the beginning of the mandatory health insurance requirement.  If you were uninsured after March 31st, 2014 you will have a penalty of $95.00 or up to 1% of your household income assessed on your 2014 tax return.
  • Want to lower your taxable income? Start a traditional IRA.  Since Traditional IRA’s are taxable when you withdraw the money, you get a tax credit when you put the money in.  In 2014 the maximum contribution was $5,500 which would save a tax payer in the 25% tax bracket $1,375 in tax.
  • If you own a home and have a mortgage you are probably eligible to itemize your deductions to lower your taxable income.  Even if your mortgage interest is only a couple thousand dollars when you combine that with other Itemized deductions such as, out of pocket medical, real estate taxes, state and local taxes paid, charitable contributions, chartable and medical mileage.
  • What are the miscellaneous deductions when you itemize? Safety deposit box fee, tax prep fee, unreimbursed business expenses including mileage, Union dues, investment expenses, job hunting.
  • Did you win the lotto this year or win some money at the casino?  You can take a tax deduction on gambling losses equal to your winnings ~ that is if you didn’t win on your first try!
  • Is your spouse searching for a new job in their current occupational field you can deduct expenses related to the job search? Expenses include: cost of preparing and mailing your resume, travel to and from potential job sites, and fees from employment or outplacement agencies.
  • Do you work from home and have a home office space you can deduct the cost of the home (rent, mortgage interest, real estate taxes, insurance) utilities, housekeeping and repairs.  The deduction is based on the square footage of your office space and the total square footage of your home. 
    For more information on Ohio University Credit Union tax preparation service, please contact us at tax@oucu.org or (740) 597-2800.