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Is it true that our refund go first to a turbo tax bank and then ours?

 
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EdwardLO
New Member

Is it true that our refund go first to a turbo tax bank and then ours?

If you chose to have your TurboTax fees taken from your federal refund, once the refund is released by the IRS, it is sent to the refund processing company, the fees are deducted, and then the remainder is sent to your bank. If you paid your TurboTax fees up front with a credit card, the money is sent directly to your bank.

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3 Replies
EdwardLO
New Member

Is it true that our refund go first to a turbo tax bank and then ours?

If you chose to have your TurboTax fees taken from your federal refund, once the refund is released by the IRS, it is sent to the refund processing company, the fees are deducted, and then the remainder is sent to your bank. If you paid your TurboTax fees up front with a credit card, the money is sent directly to your bank.

Is it true that our refund go first to a turbo tax bank and then ours?

Thank you very much. Do you know how long does it take to get refund deposited to my account ?

Is it true that our refund go first to a turbo tax bank and then ours?

Why didnt I get told of this long process?

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