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New Member
posted Jun 6, 2019 2:02:17 AM

My refund was $7501 & I opted for the $29.99 service to import my information. My refund is $7436 & I'm not sure why there's more taken out than it should be.

My phone number is [removed]  Could you please assist me with what has transpired which led to more being deducted? Thank you for your assistance.

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1 Replies
New Member
Jun 6, 2019 2:02:18 AM

If you choose to deduct the TurboTax fees from your refund, there is a $34.99 Refund Processing Fee for that service, since an intermediary bank has to intercept your refund from the IRS, deduct the TurboTax fees, and then forward the balance to your bank. The bank charges for that service.

You can avoid the Refund Processing fee by paying your TurboTax fees with a credit or debit card instead.