You
may have a refund offset, or you may
have selected the Refund Processing Service (also
called pay-with-your-refund) gives you the option to deduct your TurboTax fees
from your federal tax refund.
A refund offset is when an IRS refund is reduced or intercepted to pay off delinquent debt, such as past-due child support, outstanding student loans, or unpaid state income tax.
You'll get an explanatory letter from the Bureau of the Fiscal Service if your refund is offset. The remainder of your refund will be processed as usual; an offset shouldn't delay it, unless of course your entire refund was applied to your debt.
More info about refund offsets, including contact info and the appeals process, is on IRS.gov (Tax Topic 203).
Does this still hold true- I have elected to have TurboTax take fees out of my federal return but have a 203 code on WMR- no debts or offsets or anything on transcripts so I am confused.
I also chose to have fees deducted from my refund. I have the same 203 code on my WMR. I would think there would be an offset code in the transcripts, and there isn’t so I’m thinking it’s becuse of the fees.
I also have a 203 code and called number and owe no debts, but I have also choosen to have my fees deducted from my refund.. this is fustrating.. please help
I have no offsets. I did check a few forums, and this seems to be the issue. I agree very misleading.
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@nic0831 and @eanne1987 did you ever receive your DDD? Was it because of the fees?
U will not get ur refund.. on the date of ur DDD ur status will say ur refund was taken
203 still means partial refund 151 is when they take your whole refund. I myself talked with the IRS on Thursday even though I have the 203 the agent said I had no offsets everyone has it that had used turbo tax and had the fees taken.
I had also spoke to irs and the fiscal place and both said I had no offsets. I have code 203 with a deposit date of 2/22 and on 2/22 it says ur whole refund was taken..even though tax topic 203 said part of my refund
The IRS stole $36,000 from my last 6 years I only owed $6,000 to Doe they don't pay the offset. I talked to them on Thursday the IRS man said my refund was coming.
Well good luck and I hope u get it.. but just know the irs people say anything cause I was told all the same.. the only way u get anything is if u are not defulted on your payment and have been on a payment plan at least 6 months before u did ur taxes.. best of luck though.
Wmr says my refund was to be deposited on june 26th it says its been sent but got tax topic 203 i opted to pay turbo tax out of my refund am i getting it soon? Never got a letter
It says direct deposit but irs said when i called a cpl weeks ago they were sending a check so why do it say direct deposit
did you ever figure out what it means, I have that now and I don't owe anything Ive called the offset lines pressed both 1 and 2 and both show nothing
That means that you are agreeing to let the refund go through a third party where the TurboTax fee is taken and the remainder of the refund is directed to you.
The "offset" is the TurboTax fee.
I dont understand this at all I dont owe anything!!! No offsets on the offset line!!!
So if we so not have an offset than it's just the Turbo Fees we elected to have taken out?
But when I elected to use this service, it was free. Nothing indicated that I was being charged.
That's absolutely incorrect.
203 offset code is for student loans, state, other federal agencies. It is not for turbotax fees at all.
My refund was processed and I am receiving a 203 code I am wondering if I chose to pay my TurboTax fees out of my refund is this why I am receiving this notification
No, the 203 code is specifically for offsets by federal, state, and other agencies.