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Can I pay with my refund?

by TurboTax44397 Updated 1 month ago

You can use your federal refund to pay your TurboTax fees.

When the IRS processes your return, the bank that handles the transaction charges a $40 processing fee. If your return is rejected, you may need to re-enter your bank account information, but you won't be charged again.

When you get a federal or state refund, we'll deduct our fees from the one that arrives first and is big enough to cover your total TurboTax fees.

To use this payment option:

  • Your federal refund must be enough to cover your TurboTax fees.
  • You must have a US address.
  • You have to e-file.
  • The name on the bank account needs to match the name on the tax return.
  • You'll need to direct deposit your refund into a single account. 

Note: If your TurboTax navigation looks different from what’s described here, learn more.

To pay with your refund:

  1. Open or continue your return.
  2. Select File from the left menu.
  3. On the Just a few steps left... screen, select Start or Revisit for the first step.
  4. On the next screen, select View payment options.
  5. When asked How would you like to pay for TurboTax?, select Pay with Federal Refund.