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New Member
posted Jan 20, 2023 10:22:59 PM

Has Anyone gotten approved for a Turbo Tax advance loan. Then was denied after IRS acceptance?First time applying. Does not make sense

0 8 2726
1 Best answer
Level 15
Jan 21, 2023 6:18:12 AM

No one here would know why you were not approved for the Refund Advance.  See the following for refund eligibility.

 

Refund Advance eligibility

Here are some of the eligibility requirements to qualify for a Refund Advance loan:

  • You’re 18 or older and have a Social Security number
  • Your expected federal refund amount is $500 or more
  • You’re not a resident of Nebraska, North Carolina, Connecticut, or Illinois
  • You’re e-filing your federal tax return with TurboTax
  • Your physical address is listed on your tax return. Your address must be located in one of the eligible states and can’t be a PO box or prison address
  • You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862
  • You aren’t filing on behalf of a deceased taxpayer
  • You must report income on a Form W-2, 1099-R, Sched C, or Sched C-EZ
  • You haven’t previously opened a Credit Karma Money™ Spend (checking) account and closed that account

 

8 Replies
Level 15
Jan 21, 2023 6:18:12 AM

No one here would know why you were not approved for the Refund Advance.  See the following for refund eligibility.

 

Refund Advance eligibility

Here are some of the eligibility requirements to qualify for a Refund Advance loan:

  • You’re 18 or older and have a Social Security number
  • Your expected federal refund amount is $500 or more
  • You’re not a resident of Nebraska, North Carolina, Connecticut, or Illinois
  • You’re e-filing your federal tax return with TurboTax
  • Your physical address is listed on your tax return. Your address must be located in one of the eligible states and can’t be a PO box or prison address
  • You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862
  • You aren’t filing on behalf of a deceased taxpayer
  • You must report income on a Form W-2, 1099-R, Sched C, or Sched C-EZ
  • You haven’t previously opened a Credit Karma Money™ Spend (checking) account and closed that account

 

Level 1
Jan 28, 2023 5:50:24 AM

Yes me. Trying to figure out what happened. They gave me a amount and everything. Showed my final numbers. I signed contract and all.

Level 15
Jan 28, 2023 6:27:37 AM

@Poshina1 this is a user to user forum so no here would know about your refund advance.  You might want to contact TurboTax Support for help.

https://ttlc.intuit.com/turbotax-support/en-us/help-article/account-management/contact-turbotax/L2y9ZKpQB_US_en_US

Level 3
Jan 30, 2023 4:51:51 PM

This was definitely a bad move on Turbo end they should’ve stayed with the turbo card. I can’t stand credit karma. 

Returning Member
Feb 1, 2023 8:56:10 AM

Did you ever receive the refund advance?

Level 1
Feb 2, 2023 6:26:31 AM

First off I know what this is. I responded to someone else post. Explaining what happened to me. Second off who are you to tell me where to post. Ppl need to stay quiet and mind the business that pays them. So with that being said 👋

Level 3
Feb 2, 2023 8:09:15 AM

Poshina...Did you get an email denying you? Going on 9 days, nothing. 

New Member
Feb 20, 2023 4:47:35 PM

No it's a scam to get you to open a account you don't need and good your money up on they systems