If you have capital losses in 2015 but do not have capital gains to use the loss against on this year’s tax return, consider carrying the loss back to your 2010, 2011, or 2012 return to apply against capital gains you previously reported and paid tax on. This will result in a tax refund! If you cannot use a capital loss to reduce your taxes for 2016 or get a Refund of some of your prior years’ taxes, the loss can be carried forward to 2017 and future years. The loss does not expire — make sure you keep track of it!
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Direct Depositing your tax refund is fast, safe, and easy. Not only is it fast to get your tax refund using Direct Deposit, you can safely direct deposit your refund to your card without fear of losing a paper check. Your funds are FDIC-insured. Use Everywhere Visa Debit Cards are Accepted. The Ace Elite card has Visa Zero Liability Protection and lets you manage and spend your money without having to worry about cash at stores, in restaurants, or shopping online.
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No-Fee Cash Withdrawals at ACE Direct depositing your tax refund allows you to withdraw up to $300 a day at no cost or up to $5,000 per day for a fee at your local ACE store. Manage your money online and on-the-go. Use the ACE Elite Mobile App, and you can see every transaction, manage your money, and use features right from your smartphone. With one easy log-in you can see how much of your tax refund remains. ACE Elite with Direct Deposit Fee Advantage Plan Make unlimited purchase transactions for only $5 a month. To qualify for this low, monthly rate, simply direct deposit $500 or more to your Card Account in one calendar month.
