turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
turbotax icon
turbotax icon
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

A fee of 2.49% is applied to credit cards? How does intuit justify charging that much for process a credit card? How does Intuit justify that fee for a transaction?

Its encourages people to choose this with the following statement:
Earn points, miles or get cash back depending on your credit card. A convenience fee applies for using this service.

In this time of financial uncertainty I am extremely disappointed that they would find another way to charge a fee.     
Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
rjs
Level 15
Level 15

A fee of 2.49% is applied to credit cards? How does intuit justify charging that much for process a credit card? How does Intuit justify that fee for a transaction?

TurboTax does not charge a fee for paying your tax with a credit card. The company that processes the credit card payment charges a fee.


Whenever you pay for anything with a credit card, a fee has to be paid to the credit card processor. When you buy something with a credit card, the seller usually pays the fee, which reduces the amount of money that the seller actually gets. But the IRS will not pay the credit card fee. They have to collect the full amount of tax. So you have to pay the credit card fee.

 

View solution in original post

2 Replies
ee-ea
Level 15

A fee of 2.49% is applied to credit cards? How does intuit justify charging that much for process a credit card? How does Intuit justify that fee for a transaction?

rjs
Level 15
Level 15

A fee of 2.49% is applied to credit cards? How does intuit justify charging that much for process a credit card? How does Intuit justify that fee for a transaction?

TurboTax does not charge a fee for paying your tax with a credit card. The company that processes the credit card payment charges a fee.


Whenever you pay for anything with a credit card, a fee has to be paid to the credit card processor. When you buy something with a credit card, the seller usually pays the fee, which reduces the amount of money that the seller actually gets. But the IRS will not pay the credit card fee. They have to collect the full amount of tax. So you have to pay the credit card fee.

 

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question

Related Content

Manage cookies