@ MattHud11 wrote:
It says I am receiving $414 for my refund. Does that mean I am getting $414? Or is it $414 minus the fees from turbo tax and then I get what left? I am confused on that. My status currently says payment completed. Does that mean they have gotten what I owed them and I am receiving $414? Or do they still need to deduct their fees from the $414? Somebody help me.
This is a user community forum, so we won't know anything specific about your account.
Your original expected Federal refund amount is shown on your Federal Form 1040, Line 35a (unless the IRS changes it for some reason during processing.) However, the TurboTax fees will lower that amount seen on your Form 1040.
NOTE: If you chose to pay your TurboTax fees out of the Federal refund, there is also an additional $40 service fee ($45 for California filers.)
Has the IRS actually sent your refund? Check here:
https://www.irs.gov/wheres-my-refund
If so, they say to allow up to 5 days due to variations in bank processing times.
If the IRS has released your refund, you can also check at SBTPG's website (which is the company that takes the fees out of the refund) if you chose that option. If you did, then choose the "For taxpayers" portal at:
https://www.sbtpg.com/
It may break everything down there.
