Q: who (and why) would choose this payment option? Note taxPrepFee is typically around $100.
%%A: perhaps extremely cash-poor people. I assume every grown-up with a tax id has a bank account with a free credit/debit card.
How to Pay Your Tax Prep Fees With Your Federal Refund
Refund Transfer is an easy and convenient way to file your tax return without having to pay for your tax preparation fees today. If you choose this optional product, a Refund Account will be set up for you at MetaBank®, N.A. to receive your federal refund from the IRS. Once your refund is received and all services are complete, your fees and other amounts you authorize are paid from your Refund Account. You can direct any remaining funds to an H&R Block Emerald Prepaid Mastercard® or to your existing checking or savings account. You can also receive notifications when your refund is received and your funds are disbursed to you.
Refund Transfer costs an additional $39, which will be paid from your Refund Account.