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I saw an article I can now receive my refund through coinbase. And I can’t find the option

 
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I saw an article I can now receive my refund through coinbase. And I can’t find the option

That is not an option on TurboTax.    You can receive your refund as a direct deposit to a bank account or a card, or as a paper check mailed to your address.   You will find the options to receive your refund in the FILE section.

**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.**
rjs
Level 15
Level 15

I saw an article I can now receive my refund through coinbase. And I can’t find the option

See the following TurboTax article.


TurboTax and Coinbase Team Up to Make it Easy to Reinvest Your Refund in Cryptocurrency


Note that in order to get the Coinbase option you have to have started your tax return from the link in Step 1 in the TurboTax article.


But the IRS pays your refund in U.S. dollars. All that TurboTax is doing is giving you an easy way to send those dollars to your Coinbase account. You can accomplish the same thing by getting your refund by direct deposit to your bank account, then transferring the dollars to your Coinbase account.

 

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