If you choose to have your TaxAct software fees deducted from your refund, the IRS and/or State will first send your refund to Republic Bank. After deducting the applicable fees, Republic Bank will deposit the remaining amount into your designated account.

How It Works:

1. Select Direct Deposit as your refund method.
2. Choose to have TaxAct fees deducted from your refund.
3. Complete the Republic Bank application during the filing process.
4. Once your return is accepted, your bank application is sent to Republic Bank for review.
5. After approval and IRS/State refund release, Republic Bank deducts the fees and deposits the remaining balance into your account.

Note: The fee paid to Republic Bank is not for direct deposit itself (which is always free) but for processing the deduction of your TaxAct fees from your refund.