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In this tutorial, the teacher introduces the concept of direct deposit, explaining that it allows earnings from work to be deposited directly into a bank account, eliminating the need for paper checks. The session focuses on completing a direct deposit authorization form, highlighting the key information required. Participants need to provide their name, address, city, state, and zip code. The teacher provides an example, "614 Douglas Park" for the address and identifies the city as Louisville and the state as Kentucky, ensuring that students understand what details are necessary to complete the form accurately.