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April 15, 2025
Question

What is the processing fee if I pay with my federal refund?

  • April 15, 2025
  • 1 reply
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1 reply

JohnB5677
April 15, 2025

To use this payment with my refund option:  There is a $40 bank processing fee.

 

  • 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.

When the IRS processes your return, the bank that handles the transaction charges a $40 processing fee. 

Can I pay with my refund?

Can I pay for TurboTax Full Service with my federal tax refund or get an advance on my refund?

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