TaxAct Professional - Client Fees from Refund (Bank Products)
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To have your preparation fees deducted from your client's refund, you must apply with the TaxAct partner bank who offers this service. You can then offer your clients the option to pay their fees via the refund in the TaxAct program.
You can get further information by contacting the bank you are enrolled with. You can find the contact information below:
If you choose to have a client's preparation fees deducted from their refund, you will incur a $15.00 transmission fee. This fee is not for e-filing the tax return but instead for the transmission service provided by our bank partner.
IMPORTANT: Per IRS guidelines, a taxpayer cannot elect to have their refund deposited into someone else’s bank account; including that of their tax preparer. If your client would like to have your fees deducted from their refund, you must apply to work with a bank partner.