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In today's lesson, the teacher explains the direct deposit form, which allows money from work to be deposited directly into a bank account, eliminating the need for paper checks. The teacher guides the class through the necessary information needed to complete the direct deposit authorization form. Key information required includes the individual's name, address (e.g., a house or apartment), city (in this case, Louisville), state (Kentucky), and zip code. The tutorial aims to clarify how to accurately fill out the form for direct deposit of paychecks.