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June 6, 2019
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Does it cost me anything to send my refund to my bank?

  • June 6, 2019
  • 2 replies
  • 14 views
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Best answer by Kat11_2

Not if you're using Direct Deposit to receive your refund(s).

However, if you are choosing to have your TurboTax fees deducted from your federal refund (known as the Refund Processing Service), there is an additional $34.99 charge to utilize that service.

2 replies

Kat11_2
Alumni - Champ
Kat11_2Alumni - ChampAnswer
Alumni - Champ
June 6, 2019

Not if you're using Direct Deposit to receive your refund(s).

However, if you are choosing to have your TurboTax fees deducted from your federal refund (known as the Refund Processing Service), there is an additional $34.99 charge to utilize that service.

*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***
Kat11_2
Alumni - Champ
Alumni - Champ
June 6, 2019
NOTE:  The pricing for the Refund Processing Service can change at any time and without notice.
*** I am NOT a tax expert. I am a seasoned TurboTax user, and volunteer to provide assistance to TT users. Nothing I post is to be considered TAX ADVICE; I bear no legal liability for responses.***