The state tax due has to be paid directly to your state. It is better to pay for the software upfront using a credit card than to face the extra $39.99 fee and the possibility of the fees coming out of your account at a very inconvenient time.Īnd.you can never pay state tax due from a federal refund, so do not expect that. This comes as an unpleasant shock to many people every year. The IRS has not announced when they will begin to accept e-files for 2022 returns. See the following for refund eligibility. IRS forms availability table for TurboTax individual (personal) tax products State forms availability table for TurboTax individual (personal) tax products. No one here would know why you were not approved for the Refund Advance. Please make note that if your refund takes too long to arrive (IRS delays, etc.) then you will also be agreeing that the TurboTax fees can be extracted from your bank account even before your refund is issued by the IRS. IRS forms availability table for TurboTax individual (personal) tax products. You have to be able to go through the Review section and get to the FILE section to choose how to receive your refund, and to be able to select pay from your federal refund.ĭo you mean you want to pay your TurboTax fees from your federal refund? If your federal refund will be enough to pay the software fees AND the extra $39.99 refund processing fee to have a third party bank process your refund then when you go through the Review section and next when you are in the FILE section you will be able to make that choice. However any Medicare Part B premiums that I paid out-of-pocket dont seem included in FORM SSA-1099. It has to be offered to you, and you have to agree to the terms-which have changed since last year-so read some information-and pay attention to the details in the fine print … Īre all of your forms ready? Have you gone through the Review section yet? Click Review- if your forms are not ready you cannot go to the FILE section. Appears TurboTax transfers 'excess advance payment of premium tax credit' in IRS Form 1095-A and 'Medicare Part B premiums deducted from your benefits' in FORM SSA-1099 to Medical work sheet and Schedule A. refunds should consider: With the company's Electronic Refund Advance program. The IRS will not begin to accept e-files until January 24. s Kiplinger TaxCut and Intuit's Quicken TurboTax for your personal tax. Naomi Antonino/CNET This story is part of Taxes 2023, CNETs coverage of the best tax software, tax. The money for the loan is not given to you until the IRS ACCEPTS your e-file. TurboTax provides four levels of software for the simplest to most complicated tax returns. The refund loan will not be available until later in January when you can e-file your 2021 return. You do not get the money until the 2020 e-file has been ACCEPTED by the IRS.You also have to agree to receive your refund on a new prepaid TurboTax Visa. If you qualify the loan is offered at the time that you file your tax return.
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