Tax Resources

Elevations Tax Forms

Members have fast access to many tax forms online. Some tax forms are consolidated into one form which makes it easier to prepare your tax returns. 

Individual Retirement Accounts (IRAs)

There’s still time to make an IRA contribution before the tax return deadline. Your IRA may be invested into an IRA Share (Savings) Account or an IRA Certificate. Check out the types of IRAs.  

Please Note: Prior year HSA contributions can not be processed online. Please contact us at 303.443.4672 to process your prior year contribution. 

Expecting a Tax Refund?

Get your refund faster with Direct Deposit.

Owe Taxes?

You can use your Visa Credit Card to make your Federal or State tax payments. See your tax form instructions or contact the following companies: 

www.pay1040.com
1-888-729-1040 
www.officialpayments.com 
1-800-272-9829 

If you file electronically, you may pay your taxes by authorizing an electronic funds withdrawal from your savings or checking account. Federal and State governments do not accept tax payments from online Bill Pay services.

Tax Filing Resources

TurboTax Prepare, print and eFile your simple return for free with TurboTax Federal Free Edition. Get started now by logging into your Elevations online bank account or contact TurboTax for more information. Elevations members can save up to $15 on TurboTax Federal products!

Colorado NetFile 
File your Colorado State Taxes online for free with Colorado NetFile. You may also use Telefile, Colorado's free telephone tax filing system.

Important Disclaimer: The use of TurboTax is governed by Intuit's software licensing agreement. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries and are used with permission. Intuit is not affiliated with Elevations Credit Union. Intuit is solely responsible for the information, content and software products provided by Intuit. Elevations Credit Union has not been involved in the preparation of the content provided by Intuit and does not explicitly or implicitly endorse or approve such content. Elevations Credit Union cannot guarantee that the information and content supplied is accurate, complete, or timely, or that the software products provided produce accurate and/or complete results. Elevations Credit Union does not make any warranties with regard to the information, content or software products or the results obtained by their use. Elevations Credit Union disclaims any liability arising out of your use (or the results obtained from, interpretations made as a result of, or any tax position taken in reliance on information provided pursuant to, your use) of these Intuit software products or the information or content furnished by Intuit.


Tax Forms

Tax forms for dividends earned on accounts and U.S. Savings Bonds

Form Name: 1099-INT
Date Available: By January 31st

How the form will be received:
Members will receive one tax form with total dividends from all Elevations accounts, except tax deferred accounts such as IRAs, ESAs or HSAs. Joint account holder names and account numbers will not appear on tax forms.

  • Members enrolled in eDocuments will receive their form by logging into Online Banking for their oldest account (the account with the smallest account number).
  • Members who are not enrolled in eDocuments will receive their form by mail to the address on file for their oldest account (the account with the smallest account number).
  • To enroll in eDocuments, login to online banking and click on the “eDocuments” tab.
  • As an additional level of identity theft protection only the last 4 digits of SSN's will be on 1099 INT's.

Tax forms for dividends earned on accounts for Non-Resident Aliens

Form Name: 1042-S
Date Available: By January 31st

How the form will be received: Members will receive one tax form with total dividends from all Elevations accounts, except tax deferred accounts such as IRAs, ESAs or HSAs. Joint account holder names and account numbers will not appear on tax forms.

  • Members enrolled in eDocuments will receive their form by logging into Online Banking for their oldest account (the account with the smallest account number).
  • Members who are not enrolled in eDocuments will receive their form by mail to the address on file for their oldest account (the account with the smallest account number).
  • To enroll in eDocuments, login to online banking and click on the "eDocuments" tab.

Tax forms for interest paid on Mortgages

Form Name: 1098 Date Available: By January 31st
How the form will be received:
Members will receive their form by mail to the address on file for the mortgage loan account. This form is not available online.


Tax forms for interest paid on home equity lines of credit (HELOC) and home equity loans

Form Name: 1098
Date Available: By January 31st

How the form will be received:

  • Members enrolled in eDocuments will receive their form by logging into Online Banking for their account with the equity loan.
  • Members who are not enrolled in eDocuments will receive their form by mail to the address on file for their account with the equity loan.
  • To enroll in eDocuments, login to online banking and click on the "eDocuments" tab.
  • As an additional level of identity theft protection only the last 4 digits of SSN's will be on 1098's

Tax forms for interest paid on FHAP Guaranteed Loans

Form Name: 1098
Date Available: By January 31st
How the form will be received:
Members will receive their form by mail to the address on file for the mortgage loan account. This form is not available online.


Tax forms for distributions made from tax-deferred accounts

Form Name:
  • 1099-R for Traditional and Roth Individual Retirement Accounts (IRAs)
  • 1099-Q for Coverdell Education Savings Accounts (ESAs)
  • 1099-SA for Health Savings Accounts (HSA)

How the form will be received: Members will receive their form by mail to the address on file for the tax-deferred account. These forms are not available online.


Tax forms for distributions made to tax-deferred accounts

Form Name:
  • 5498 for Traditional and Roth Individual Retirement Accounts (IRAs)
  • 5498-ESA for Coverdell Education Savings Accounts (ESAs)
  • 5498-SA for Health Savings Accounts (HSAs)

Date Available: 5498 by May 31st; 5498-ESA by April 30th; 5498-SA by May 31st

How the form will be received: Members will receive their form by mail to the address on file for the tax-deferred account. These forms are not available online.

© Elevations Credit Union. All Rights Reserved. Routing# 307074580
This site is best viewed with a standards compliant browser.

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency