What is a Refund Transfer

A Refund Transfer is a financial service provided by banks that lets taxpayers cover their filing fees using their federal and/or state tax refund, rather than paying upfront. This option is available only if you choose to e-file your return and are expecting a refund. In order to opt into this service, you must make this indication on the Consent to Use Of Tax Return Information page. Refund Transfer products are optional.

If you want the public overview of eligibility, fees, and who handles the product, see our Refund Transfer explainer page.

MyFreeTaxReturn.com is a tax software company that allows taxpayers to construct their tax return to be e-filed and transmitted with transfer services. The Refund Transfer products offered are through a third party service provided by Santa Barbara Tax Products Group, (“SBTPG”), a subsidiary of Green Dot Corporation, and Green Dot Bank (“Bank”). Refund Transfers are deposit products using Green Dot Bank, Member FDIC, that enable certain deductions from the account to be processed. Refund Transfers are not loans. This service allows taxpayers to file their tax return without needing to pay for service fees upfront — the return is filed with temporary bank account information, and when the IRS and/or state taxing authority issues the refund, authorized fees are deducted before the remaining balance is disbursed via the disbursement method chosen. If opted into this service, taxpayers will need to refer to SBTPG when seeking updates on the progress of their refund.

There is a $29.95 Refund Processing Fee for a Refund Transfer, in addition to any existing service fees associated with your tax return.

How to apply for Refund Transfer products on MyFreeTaxReturn.com

1. Ensure that you have completed the Consent to Use Of Tax Return Information page, without selecting the Decline checkbox. You can locate this page by searching the page name into the search tool.

2. Once you are ready to begin the checkout process, select Start Return Filing Process from the Return Summary page.

3. On the Done With Editing page, you should have a bullet point for Checkout process is incomplete. Select Continue.

4. On the Checkout Summary page, select Use my refund to opt into the Refund Transfer service.

You will be taken to a Information Collection page that includes required fields inputs, please fill in appropriately with your information. This information will go directly to SBTPG the refund transfer administrator. You will also be directed to the Direct Deposit Information page to verify the Direct Deposit information where the remainder of your refund will be deposited.

5. Read and sign a Consent to Disclose agreement and the Refund Transfer Agreement.

6. Once the bank requirements are complete, the return can be e-filed.

Important note:

• When applying for a Refund Transfer (RT), the application is processed by Santa Barbara Tax Products Group (SBTPG).

• MyFreeTaxReturn.com is not the provider of refund transfer products, therefore our role is limited to the transmission of the Refund Transfer application. The application is submitted and processed by SBTPG. Once the refund is received, all authorized fees (including filing fees) are deducted, and the remaining balance is disbursed to you via the disbursement method you chose.

• This is an optional but convenient payment and disbursement option.