You do not apply for the loan. It will be offered to you if you are eligible.
See this TurboTax support FAQ for the refund advance - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-advance/L52Mg0G5u_US_en_US?uid=lqgts1bs
Turbotax does not offer traditional refund advance loans. You will have to find someone else.
What Turbotax will offer, is that after you file a completed return with Turbotax, you may be offered a partial advance on your refund. The good thing is Turbotax does not charge any interest on this advance, but because you have to file a completed tax return first, you need to wait until tax season opens, and you have all your W-2s and other tax information. Also, not everyone is eligible, eligibility depends on credit, state of residence and other factors that we don't know.
Refund advance loans are not available from TurboTax at this time. TurboTax’s loan program typically starts in January and ends in mid-February. Your tax return cannot be filed until later in January. One of the options you can select when you are ready to file is to get a refund advance loan, You do not receive any money until your e-file has been accepted by the IRS—-and the IRS will not begin to accept e-files until at least mid to late January.
And…..do not try to prepare a tax return without ALL of your income documents; you must include every 2023 W-2 on the same tax return. Employers have until the end of January to issue W-2’s. Wait until you have all of your W-2’s.
@Danielle282 wrote:
How can i get a loan on turbo tax
See this TurboTax support FAQ for a refund advance - https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-refund/refund-advance/L52Mg0G5u_US_en_US?uid=ls99m425