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TurboTax Fees From Refund Causing Direct Deposit Delays?

Filed through TurboTax and chose to pay the fees out of my refund instead of my credit card. Now im worried this might slow down my refund. Anyone know if this affects the direct deposit timeline? Filed yesterday and really need this money asap.

Anastasia Romanov

Hey everyone, IRS expert here. If you opted to pay TurboTax fees from your refund, this creates a temporary bank account where your refund goes first before hitting your actual account. This can add 3-5 business days to your refund timeline. The IRS has to send it to TurboTax's bank first (usually Santa Barbara TPG), they take their fees, then forward the rest to you. Pro tip: if you want the fastest refund possible next year, pay the preparation fees upfront with a credit card instead. If you're trying to track where exactly your refund is in this process, I'd highly recommend checking out taxr.ai - it's this new AI tool that analyzes your tax docs and tells you exactly where your refund is stuck and when you can expect it. It's been super helpful for situations like this where there are multiple steps in the refund process.

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StellarSurfer

omg thank you! stuck in this boat rn, its been 6 days since IRS approved but nothing in my account yet 😤

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Sean Kelly

Just used taxr.ai to check my situation and here's what I got back:

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Zara Malik

wait what is taxr? can someone explain how it works? 🤔

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Sean Kelly

its basically an AI that reads all ur tax docs and tells u exactly whats happening with ur refund. helped me figure out my TPG delay was normal and when id get paid 💯

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Luca Greco

fr fr this is actually legit. used it yesterday and it predicted my exact deposit date 🙌

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Nia Thompson

shoulda known better than to let turbotax take their fees from my refund smh. lesson learned for next year

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Anastasia Romanov

Exactly! The bank transfer delay is totally normal but annoying. Always better to pay fees upfront if you can

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Mateo Rodriguez

yall are life savers fr. was about to call the IRS but taxr showed me everything is moving normally, just gotta wait for TPG to do their thing 🙏

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Isabella Ferreira

Tax pro here. Yes, when you choose to pay TurboTax fees from your refund, it does add an extra step. Your refund first goes to a temporary bank account where the fees are taken out, then the remainder is sent to your account. This usually adds 2-5 business days to the process.

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Malik Johnson

ugh wish i knew this before 😭 thx for explaining

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Ravi Sharma

same thing happened to me last year took like 4 extra days ngl

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NebulaNomad

Hey guys! If youre trying to track your refund timeline accurately, you should check out taxr.ai - its this new tool that analyzes your transcript and tells you exactly whats happening with your refund including these TT fee delays. Its $4.99 but totally worth it for the peace of mind https://taxr.ai

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Freya Thomsen

is it legit? how does it work exactly?

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NebulaNomad

yeah its super legit! you just upload your transcript and it breaks everything down in plain english. shows all the dates and explains any delays

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Freya Thomsen

just tried it and WOW 🔥 finally understand whats actually happening with my refund! wish i knew about this sooner

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Omar Fawaz

Always pay the fees upfront if u can. learned this the hard way 🤦‍♂️

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Chloe Martin

its actually ridiculous that they dont make this clear when ur filing smh

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Diego Rojas

fr fr they should put this in big red letters or something 💯

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Anastasia Sokolov

In the same boat rn waiting on mine. Day 6 and still nothing showing up in wmr

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Malik Johnson

keep me posted on when u get urs!

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Anastasia Sokolov

just hit my account this morning! took exactly 8 days

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StarSeeker

next year im just gonna use my credit card and get the points anyway lol

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