What is the Refund Processing Service?
The Refund Processing Service lets you deduct your TurboTax fees from your federal tax refund for an additional charge.
It comes in handy if you don't have a credit or debit card to pay your TurboTax fees.
Refund Processing is not required to file or direct-deposit your refund; it's simply a convenient option to pay for TurboTax.
Refund Processing won't slow down – nor speed up – your tax refund.
More info about Refund Processing
To take advantage of Refund Processing, you'll need to e-file your federal return. It's not available for paper-filed federal returns.
The Refund Processing option only appears if you have a federal tax refund. If you have a 0 refund or owe additional IRS taxes, you won't be able to use the service.
If you want your refund direct-deposited, you'll need to provide your bank's routing and account numbers, and the name on the account will need to match the name on the tax return. Also, you won't be able to split your refund into two or more accounts.
Refund Processing can only be used once to pay your fees. This means that if you already used it to pay for your federal return, you won't be able to use it again if you later decide to file a state return.
Finally, Refund Processing fees are only charged once, when the IRS processes your return. If your return is rejected by the IRS, you might be asked to enter your bank account again, but don't worry. We won't charge you a second time.
- How much is the Refund Processing Service fee?
- Who provides the Refund Processing Service?
- Can I pay the TurboTax fee with my state refund?
- What if my federal refund isn't enough to cover my TurboTax fees?
- Why can't I deduct my TurboTax fees from my refund?
- Can I pay with my refund?
- How do I remove the $34.99 Refund Processing fee?
- How do I pay my TurboTax Online fees?