Get Direct Deposit Authorization And Input Form Co-1040 - Qvcc Commnet

Filling out the Direct Deposit Authorization And Input Form CO-1040 is essential for State employees who wish to have their salaries directly deposited into their bank accounts. This guide provides a clear, step-by-step approach to completing the form online, ensuring a smooth and efficient process.

Follow the steps to complete your direct deposit authorization online.

1. Click ‘Get Form’ button to obtain the form and open it in your chosen digital editor.
2. In Section I, provide your Employee Information. Enter your Employee Number and your Full Name, followed by your Department ID. Choose the Type of Action by selecting ‘New,’ ‘Change,’ or ‘Delete Account’ as applicable.
3. Now, proceed to Section II, which is the Direct Deposit Account Information. Here, enter the Financial Institution Name associated with your primary bank account, followed by your Account Number and Routing Transit Number. Make sure to select the Account Type as either Checking (C) or Savings (S).
4. If you are adding an additional account, check off the ‘Add Additional Account ONLY’ box in Section I, then continue to complete Section III. In this section, provide the Financial Institution Name for the additional account, along with its Account Number and Routing Transit Number. Again, specify the Account Type as Checking (C) or Savings (S).
5. For the additional account, you have the option to set a Flat Amount or use a Percentage Split. If opting for a Flat Amount, indicate the amount alongside your first account. If using a Percentage Split, enter the percentages for both Account #1 and Account #2, ensuring the total equals 100%.
6. In the Agreement section, read through the terms carefully. Then, provide your Signature and the Date to authorize the direct deposit process.
7. Finally, save your changes, and ensure to download or print the form for your records, or share it as needed.

Complete your Direct Deposit Authorization And Input Form CO-1040 online today to streamline your salary payments.