Income Tax Refund

Deduct Income Tax Fee from Refund

Pay Your Income Tax Preparation Fee From Your Refund When You E-File

When you are ready to e-file, you now have the option to pay the income tax preparation fee out of your refund.

Through our partnership with Republic Bank and Trust Co., we now offer you the Electronic Refund Deposit (ERD) option, which allows you to pay with your refund!  This tax service option now lets you simply deduct the tax preparation fee from your refund.

Here are some details about this tax service:

  • This service is available for returns with a federal refund only.
  • To take advantage of this service, you must electronically file your return and deposit your refund into your personal bank account.
  • The bank processing fee for this service is $19.95. This fee will be deducted from your refund before it is deposited into your account.
    • Important Note: This fee is in addition to the tax preparation fee.
  • Your refund must be large enough to pay both the tax preparation fee and the bank processing fee.
  • If you use our Refund Anticipation Loan (RAL) to get your IRS tax refund, there is no additional charge to pay your preparation fee from your IRS tax refund.