How do I set up a Tax Planning account?

Available to those who already have a Wallet Business Checking Account.*

Automatically set aside a percentage of each transaction, to cover your taxes. Plan ahead in order to eliminate last-minute stress. 

To set up a Tax Planning account will need to sign up for the account either as a Business or an Individual. You will get a physical card that you can use with the Tax planning account. 

Sign Up Flow 

First Select what percentage to set aside for taxes. To stay prepared for taxes, you may consider setting aside a portion of your income, such as 20%, in a separate tax planning business checking account for potential tax obligations.

Depending on your business needs you will want to select the appropriate application:

• Business Application Process: How do I sign up for the Real Wallet Debit Card
• Individual/Sole Proprietor Application Process: How do I sign up for the Real Wallet Debit Card

Once your application has been approved the percentages you set will begin to apply. 

It will default 20/80. You can edit it at any time!

You can also add additional accounts and set up your Auto Deposit Rules.

See: How do Auto Deposit Rules work?