We want to help! Here you'll find answers to the most common tax questions, some useful tips regarding banking documents and forms – and your BECU member discount to TurboTax.
To get your discount, you must file through our link. Click the Start Filing button to get your discount.* Business members, you also qualify for the discount! Follow the same process – just click below to start filing.
If you earned more than $10 in interest, tax forms will either be available electronically in Online Banking if you are enrolled in eStatements or mailed to you by the end of January.
If you are looking for your Interest Summary information, log in to online banking and select the Accounts tab in the top menu and then choose “Interest Summary”. This page will display last calendar year's dividends or interest, as well as the current year's year-to-date dividends or interest.
If you paid interest on a BECU mortgage loan, 1098 tax forms will be mailed by January 31 of each year.
These tax forms can also be found in Online Banking. Select the Accounts & Loans tab in the top menu, then choose Mortgage. Once on the online mortgage site, select Document Center and then click Year End Statement.
All tax forms generated by BECU are sent to members by the last day in January, except for form 5498 which reports your total annual contributions to an IRA account. As you have until the end of the tax deadline to make contributions, this report is sent out in May for the prior tax year.
You will only be sent the tax forms that apply to you. If you know you're missing a tax form, please contact us at 800-233-2328.
Tax forms we will provide (if applicable to you) include:
All BECU tax forms will be sent by the end of January. You should receive them shortly thereafter.
If you're signed up for eStatements, log into Online Banking and look for link on the right side of the page that says “View Tax Statements.”
Not signed up for eStatements? BECU tax forms will be mailed to you by January 31.
Didn't receive them? Give us a call at 800-233-2328, or stop by a nearby BECU location.
You will receive tax forms for loan accounts only if you paid $600 or more in interest on a qualifying mortgage loan. Members who do not meet this criteria can find year-to-date information for their accounts in Online Banking. Alternatively, we can provide it to you over the phone if you call 800-233-2328.
BECU does not mail out any tax information for auto, boat or RV loans. You can check with your tax advisor to find out whether or not you can claim the interest. We will mail you a year-end statement, which will include the interest paid on the loan. Alternatively, you may request a letter stating the amount of interest that was paid. To obtain a letter, send an email to our Service Department at firstname.lastname@example.org.
BECU is working with TurboTax to offer our members up to $20 in savings when you file. In order to qualify for the TurboTax discount, you must complete their taxes using the BECU TurboTax site. Your discount will automatically be applied during the checkout process when you file your tax return with TurboTax through this link.
For Business Members
Looking for an idea of what to do with your tax refund (and that $20 you may have just saved on filing? BECU Investment Services may be able to help!
We offer full-service investment strategies, retirement guidance, and a spectrum of financial services through our relationship with LPL Financial. Our goal is to create a complete financial framework for your life that will reflect your priorities and changing life circumstances.
|Not NCUA/NCUSIF Insured||Not Credit Union Guaranteed||Not Obligations of BECU||May Lose Value|
*We provide links to other websites for your convenience only. Please note that linked sites may have privacy and security policy policies different from our own, and we therefore cannot attest, guarantee, or endorse to the accuracy of their contents and such information. Products and services advertised on these sites are offered by independent businesses that are solely responsible for the delivery and quality of those products and services. BECU does not guarantee nor expressly endorse any particular product or service.