I applied for the advance loan I see the credit karma card but no funds is on it

Forum|Forum|1 year ago
January 4, 2025
3 replies
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xmasbaby0

Level 15

You do not get any money for the advance until the IRS accepts your e-file. The IRS will not begin to accept e-files until late January.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

VolvoGirl

Level 15

You don't get the Advance until the IRS accepts your return and the IRS won't open efiling until late January. And it is not a loan, it is just an Advance on your refund.

https://turbotax.intuit.com/refund-advance/

DoninGA

Level 15

See this TurboTax support FAQ - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/offer-details-disclosures-refund-advance-program/L4ljXp6TI_US_en_US?uid=m5im7t6f

If approved, your Refund Advance will be deposited into your Credit Karma Money™ Spend checking account, typically within 15 minutes after the IRS acceptance of your e-filed federal return. You may access your funds online through a virtual card and your physical Credit Karma Visa Debit Card* should arrive in 7–14 days.