When you e-file through TaxAct®, you can have our product fees deducted from your federal or state tax refund. This transaction is processed by our banking partner Republic Bank, who charges a fee for that service. So, both the TaxAct product fees and the Republic Bank processing fee will be deducted from your refund before it is direct-deposited (or a check is mailed).
If you file federal and state returns together and choose to have your product fees deducted from your refund, your product and bank processing fees will be deducted from whichever refund is sent to the bank first. You will be charged the bank processing fee only once.
If you file federal and state returns separately, you may incur two bank processing fees.