Can I pay for my return preparation using refund proceeds?
Yes. Although there is a processing fee for a Refund Transfer ("RT"), you can choose to pay these fees along with your return
preparation
fee using refund proceeds. Thus, there are no upfront out-of-pocket costs to you. RT is available from January 15 to August 15.
Refund Transfer is a deposit product offered by Green Dot Bank, Member FDIC, that enables authorized amounts to be deducted from taxpayer’s refund, with the remaining balance then paid to the taxpayer. Fees apply. Refund Transfers are not loans. Tax refund and e-filing are required to receive Refund Transfer. Terms and conditions are subject to change without notice. Visit www.irs.gov/filing about other IRS e-file options, some of which are provided at no additional cost.
|