Tax season is upon us!
Since a number of big changes have happened in 2020 at WyHy Federal Credit Union, including the launch of our WyHy Digital: Online & Mobile Banking app, we wanted to make sure you had the information necessary to file your taxes this year.
Below are some of our frequently asked questions--have a question that's not listed? Call us at 1.800.442.2392. We'll not only get your question answered, but look into adding it to this list, too!
Q: Who gets tax statements?
A: Any member who receives $10 or more in dividends a year will receive one.
Q: When do tax statements come out?
A: Digital statements were processed a week ago, and are currently available through the WyHy Digital app. Hard copy statements will be mailed directly to members by February 1.
Q: Where can I find my tax statement in WyHy Digital?
A: Tax statements can be found under the eStatement widget. Click Statements, then View eStatements, and there will be a large button called Tax Statements. There is a known issue with Android devices that will prevent eStatements from downloading. We are currently working on correcting this problem and apologize for the inconvenience.
See the below images for reference.
Q: Will year end dividend information still be available if I didn't qualify for a tax statement?
A: Yes. The December statement will include the dividends earned plus loan interest paid at the top of the statement.
Q: Does WyHy FCU offer any help with TurboTax or filing?
A: No. We are not accountants and cannot instruct you on how to file your taxes. However, we can offer a discount on TurboTax products. Head here for discounts up to $15.
If you need any additional information, please contact the WyHy Call Center at 1.800.442.2392.
Happy tax filing!
-Your friends at WyHy FCU