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If you opt to get your refund on a VISA Card, are you able to get the cash from that to deposit into your bank. I do not want to pay an ADDITIONAL $40 to direct deposit
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After you file
Yes, you can do transfers, bill payments ect right on the TurboTax Visa Prepaid Card Website.
There is no charge for direct deposit but I do see you are filing under the "Deluxe Edition".
If you started with the Free Edition, it is for simple returns that file a 1040 with no additional schedules, and is free as long as you don't select any add-ons or upgrades.
If we detect that your tax situation requires expanded coverage, like deductions for owning a home or self-employment income, we'll prompt you to upgrade to a version that supports the forms you need so we can maximize your tax deductions and ensure you file an accurate return.
- Why do I have to upgrade from Free Edition?
- Why am I being charged for TurboTax Free Edition?
- Can I downgrade to a lower-priced version of TurboTax Online?
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After you file
While TurboTax does not charge for direct deposit, the acknowledgements you agree to clearly state the bank is going to charge another $40 for you to receive your direct deposit. $120 is a lot of money to lose when you aren't getting that much back, just because you own a home. Seriously considering moving to another service after many years of using this service.
It has gotten too expensive to be worth it.
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After you file
You are charged $40 if you choose to have your TurboTax fees taken out of your refund instead of paying when you file. Please see the below TurboTax FAQ regarding the Refund Processing Service:
https://ttlc.intuit.com/community/choosing-a-product/help/what-is-refund-processing-service/00/25889
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