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Dratkovich
Returning Member

Just got my federal return -$55. What is that for when I paid for premier at Costco?

If I paid for the premier program, it includes both state and federal. I have not received my state return yet. I did receive my federal return automatically deposit to my bank account -$55. What is that -$55 for if I paid for the software at Costco,?

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4 Replies
KrisD15
Expert Alumni

Just got my federal return -$55. What is that for when I paid for premier at Costco?

Are you saying you owed tax to the IRS and they took $55.00 out of your bank account? 

Or, are you saying the IRS deposited a $55.00 refund into your account?

 

The tax you owe or the refund you get has nothing to do with the cost for purchasing TurboTax. 

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Just got my federal return -$55. What is that for when I paid for premier at Costco?

Or was your federal refund deposit reduced for $55?  That could be for the state efile fee.  In the Desktop program it is $25 to efile a state return.   But you get a $10 rebate from Costco.  So it’s $15.   Then if you want the $15 deducted from your federal refund there is an Extra $40 Refund Processing Service charge.  So 15+40=55.   People get going too fast to efile and don’t read the screens slowly and click on the wrong button.   You could have paid the $15 with a credit card to avoid the extra fee.   I buy from Costco too.  

In the Desktop program you get one free state PROGRAM download to prepare unlimited state returns. Then each state return (including the first one) is $25 to efile. Or you can print and mail state for free.  

Dratkovich
Returning Member

Just got my federal return -$55. What is that for when I paid for premier at Costco?

I paid $85 for premier at Costco, which should include federal and state taxes. I got my federal refund deposited to my account minus a $55 charge for some reason. Is that an electronic filing fee.? When I get my state return deposited to my bank, should I also expect an electronic filing fee as well deducted? Thanks 

Dratkovich
Returning Member

Just got my federal return -$55. What is that for when I paid for premier at Costco?

Thanks for the clarification

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