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silva9090
New Member

Can i get a tax advance loan if i'm self employed? I've done my taxes with TT for the past 4 years. If yes, When is the soonest to file it and receive it ?

 
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xmasbaby0
Level 15

Can i get a tax advance loan if i'm self employed? I've done my taxes with TT for the past 4 years. If yes, When is the soonest to file it and receive it ?

The refund loan is not available until certain qualified users can file and their return is accepted by the IRS.  The IRS has not yet announced when they will begin accepting 2018 returns.  It is unlikely to be earlier than the end of January or even later with the current government shutdown complicating matters.  When offered, the loan is put on a pre-paid Visa.  More details will emerge as TurboTax refines the information about it in the next week or so.

**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.**

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2 Replies
xmasbaby0
Level 15

Can i get a tax advance loan if i'm self employed? I've done my taxes with TT for the past 4 years. If yes, When is the soonest to file it and receive it ?

The refund loan is not available until certain qualified users can file and their return is accepted by the IRS.  The IRS has not yet announced when they will begin accepting 2018 returns.  It is unlikely to be earlier than the end of January or even later with the current government shutdown complicating matters.  When offered, the loan is put on a pre-paid Visa.  More details will emerge as TurboTax refines the information about it in the next week or so.

**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.**
TaxGuyBill
Level 9

Can i get a tax advance loan if i'm self employed? I've done my taxes with TT for the past 4 years. If yes, When is the soonest to file it and receive it ?

And because you are self employed, it is quite likely the program may not be ready for several weeks after non-self-employed tax returns are ready.
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