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February 23, 2022
Question

If I want my fees to come out of my refund will it come out of my bank account after the refund deposit?

  • February 23, 2022
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1 reply

February 23, 2022

No. When you choose to pay any TurboTax fees out of your Federal refund, you agree for a third-party company to set up a temporary bank account in your name to receive your funds. When the IRS releases your funds, the IRS sends the refund to the temporary account at the intermediary bank where the fees are subtracted.

How does TurboTax deduct their fees from my tax return?

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