topic I need more time i have no money to with draw from my account in After you file

I need more time i have no money to with draw from my account

rayd9760 — Sat, 01 Jun 2019 20:08:14 GMT

Why was my bank account auto-debited for TurboTax fees? W...

Critter — Sat, 01 Jun 2019 20:08:15 GMT

Why was my bank account auto-debited for TurboTax fees?

When you filed your 2018 tax return, you chose the Refund Processing Service (also known as pay-with-your-refund) which lets you deduct your TurboTax fees from your IRS tax refund instead of paying them with a credit or debit card.

Per the Refund Processing Agreement, you authorized us to debit your bank account if your refund was insufficient to cover your fees:

In addition, by clicking the "I Agree" button below, you electronically sign and authorize Intuit (through its third party processor) to debit the TurboTax Fees, Additional Products and Services Purchased and any applicable sales tax from your bank account number identified in the Agreement below, in the event that you do not receive a tax refund that is sufficient to pay for them.

Before we debited your account, you would have received 4 emails from us:

1. An email with instructions to pay your TurboTax fees (minus the Refund Processing fee, if any) online by a certain date.

2. Two more follow up emails asking that you either pay or request a deferment to prevent the fees from being automatically debited from your bank account.

3. A final email letting you know that we're debiting the fees (minus the Refund Processing fee, if any) and that the auto-debit process cannot be stopped.

You can also be auto-debited if you signed up for Refund Processing and your refund is sufficient, but the IRS is still holding your refund 36 days after your original estimated refund date. In this case, you'll get the same email notifications from us, except we will debit the Refund Processing fee (if any) in addition to your other TurboTax fees.

Related Information:

What if my federal refund isn't enough to cover my TurboTax fees?

Re: I need more time i have no money to with draw from my account

Tiffany rodea — Wed, 11 Aug 2021 14:52:25 GMT

I haven't gotten my refund yet and there is no money in my account. I need to stop this so my account isn't at a negative balance. It still says my taxes are being processed.

Re: I need more time i have no money to with draw from my account

xmasbaby0 — Wed, 11 Aug 2021 15:02:21 GMT

Did you choose to have your TurboTax fees deducted from your federal refund? Is your refund taking an unusually long time to arrive? Or was your refund seized to pay a debt you owed? if so, you signed an agreement that says TT can withdraw its fees from your account. TurboTax would have sent several emails to you before they took the money out of your account.

https://ttlc.intuit.com/questions/1901364-why-was-my-bank-account-auto-debited-for-turbotax-fees

Turbo Tax says......

We understand that these are unprecedented times and we’re committed to helping our customers who are experiencing hardships. If you’re in need of assistance, call us by the Tuesday prior to your debit date at 1-888-808-1723 to speak with a trained specialist and mention “auto-debit”, or visit TurboTax Support.