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Printable Form 8888 Wisconsin: What You Should Know

M. To speak with a Customer Care Specialist. About Your Taxes — WY DOT In addition to paying federal taxes, WY DOT offers its Members an opportunity to save at thrifty savings banks as an interest-free alternative. What is interest-free? Interest-free is defined for WY DOT Members as any interest paid on an account which is less than 20 percent of the account balance at any time during the previous 5 calendar years, or any interest on an account which has been in existence for fewer than 90 days. To help you with your federal and state tax responsibilities, WY DOT provides the following: ● Account tools to help you save by planning, budgeting and setting your financial goals. You get to see your accounts as if they were on a chart to help you identify the top and bottom of your accounts. With our account tools, you will: ● Create accounts for emergencies, bills and other financial needs. ● See how you spend and save your dollar. How to pay a balance when your bank or credit union doesn't take your payment Pay in full of only a deposit made from your account and a deposit or two from the credit union. We help you do this by providing you with the following: ● A “Pay As You Go” option to get paid in 5 increments. ● A “Pay on Delivery” option if the credit union pays you within 30 days of your check being sent. ● Account-to-account transfers and account-to-credit union transfers. All federal credit unions accept only one form 8888 at a time—including all state-licensed credit unions. When you use a form 8888 to pay your federal or state tax in a state/province where there are no federal credit unions, WY DOT will contact your local bank or credit union to determine the best way to pay your bill. The use of this form 8888 will save you the fees associated with traditional checks. You may also make a deposit to one or more account(s) at a financial institution (such as a mutual fund, or investment company) that offers account-to-account transfers, and we will use this form to transfer 1 to your account at the financial institution.

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