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Level 1
December 17, 2019
Question

Where do I find info on the loan of part of my federal return

  • December 17, 2019
  • 2 replies
  • 6 views
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2 replies

VolvoGirl
Level 15
December 17, 2019

What Loan?  Loans don't go on your tax return.  You can deduct mortgage interest if you Itemize.

Level 15
December 17, 2019

Or are you asking about a refund loan?

 

REFUND ADVANCE

Last year for 2018 returns, certain qualified users were offered refund advance amounts on prepaid Visas at the time of e-filing, predicated on the amount of the refund and their returns being accepted by the IRS.  But it had to be offered--there was no way to opt in by request. If they offer a similar program for 2019 returns, do not expect to see it until January.  Since a return cannot be e-filed and accepted until the end of January, you could not receive a loan until early February at best.

 

https://ttlc.intuit.com/community/refunds/help/about-refund-advance/00/27333#sh-collapse1

**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.**