Solved: I need to pay turbo tax for preparing my taxes, ir...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I need to pay turbo tax for preparing my taxes, irs took my entire federal refund and now I owe turbo tax

 
1 Best answer

Accepted Solutions
Level 15

I need to pay turbo tax for preparing my taxes, irs took my entire federal refund and now I owe turbo tax

 What happens if the IRS reduces my refund to the point where it no longer covers my TurboTax fees?

 

When you get hit with a refund offset, what's left over might not be enough to cover your fees. Here's what happens next:

  1. We'll send anemail with instructions on how to pay your TurboTax fees (minus the Pay With My Refund fee, if any) by a certain date.
  2. If the fees remain unpaid by the specified date, we'll send two more follow-up emails asking that you either pay or request a deferment to prevent the fees from being automatically debited from your bank account.
  3. Finally, if you still haven't paid by the requested date, we'll send a final email letting you know that we're debiting the fees (minus the Pay With My Refund fee, if any) and that the auto-debit process cannot be stopped.

The same sequence of events occurs if the IRS is still holding your refund 36 days after your original estimated refund date, except that we'll also debit the Pay With My Refund fee (if any) in Step 3.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

1 Reply
Level 15

I need to pay turbo tax for preparing my taxes, irs took my entire federal refund and now I owe turbo tax

 What happens if the IRS reduces my refund to the point where it no longer covers my TurboTax fees?

 

When you get hit with a refund offset, what's left over might not be enough to cover your fees. Here's what happens next:

  1. We'll send anemail with instructions on how to pay your TurboTax fees (minus the Pay With My Refund fee, if any) by a certain date.
  2. If the fees remain unpaid by the specified date, we'll send two more follow-up emails asking that you either pay or request a deferment to prevent the fees from being automatically debited from your bank account.
  3. Finally, if you still haven't paid by the requested date, we'll send a final email letting you know that we're debiting the fees (minus the Pay With My Refund fee, if any) and that the auto-debit process cannot be stopped.

The same sequence of events occurs if the IRS is still holding your refund 36 days after your original estimated refund date, except that we'll also debit the Pay With My Refund fee (if any) in Step 3.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

View solution in original post

Dynamic Ads
v
Privacy Settings