Do NOT deduct from your refund to pay for turbotax, a refund processing fee $34.99 will be charged in extra. If you choose to have your Turbo Tax Fees deducted from your refund, there is a fee. Turbo Tax is not a bank . Therefore, Santa Barbara bank charges a fee for their service.
According to recent tweets from @Team, turbo Tax, the Refund Processing fee “is charged by the Santa Barbara Tax Product Group,” a Turbo. Tax affiliate company that needs it to cover unspecified “services rendered.” Basically, it’s a fee to pay your fees.
June 6, 2019 6:34 AM Do NOT deduct from your refund to pay for turbotax, a refund processing fee $34.99 will be charged in extra . Do NOT deduct from your refund to pay for turbotax, a refund processing fee $34.99 will be charged in extra. Turbotax doesn’t show this important information in the process, a fiendish and nasty way to generate revenue.
Can I pay my TurboTax fees out of a check?
If you chose to have a Federal refund come to you as a paper check in postal mail, then it’s not possible to pay any Turbo. Tax fees out of a check, so no intermediary bank is needed. When a paper check is requested for the Federal refund, the IRS mails paper checks directly to the address on the return without using any intermediary bank.
The Refund Processing Service option only appears if you have a federal tax refund, and you can only deduct your fees from your federal (not state) refund. You’ll need to direct-deposit your refund into a single account, and the name on the bank account needs to match the name on the tax return.
Do I have to e-file my taxes with TurboTax?
Your federal refund must be sufficient to cover your Turbo, and tax fees. You’ll need to e-file. Your address cannot be foreign. Form 8888 can’t be on your return.
How do I pay my taxes with my refund?
This option is called Pay With My Refund (also known as Refund Processing Service). Your federal refund must be sufficient to cover your Turbo, and tax fees. You’ll need to e-file. Your address cannot be foreign. Form 8888 can’t be on your return. With your return open, select File from the side menu.