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Why is there is an extra charge for using my refunds to pay for Turbo tax? Do you want me to use your competitors?

 
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maglib
Level 11

Why is there is an extra charge for using my refunds to pay for Turbo tax? Do you want me to use your competitors?

I am not a TT employee, just a volunteer so please don't be upset with me for explaining. Using your refund to pay your taxes is lending you money to pay for the preparation to get your refund.  There is a lot of risk involved and administration to do this and hence the costs.  Examples, what if you failed to file a form and end up not getting your refund, then TT does not get paid and has to collect monies.

You can choose to pay in advance and not use your refund as that's a free option.

I hope this was helpful?

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.

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1 Reply
maglib
Level 11

Why is there is an extra charge for using my refunds to pay for Turbo tax? Do you want me to use your competitors?

I am not a TT employee, just a volunteer so please don't be upset with me for explaining. Using your refund to pay your taxes is lending you money to pay for the preparation to get your refund.  There is a lot of risk involved and administration to do this and hence the costs.  Examples, what if you failed to file a form and end up not getting your refund, then TT does not get paid and has to collect monies.

You can choose to pay in advance and not use your refund as that's a free option.

I hope this was helpful?

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.
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