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DJS
Alumni - Champ
Alumni - Champ
December 3, 2019

About Refund Advance

While completing your taxes with TurboTax®, you may have the opportunity to apply for a cash advance provided by First Century Bank, N.A. Member FDIC1 on a TurboSM Prepaid Visa® Card issued by Green Dot Bank, Member FDIC. If eligible and approved for the loan, you will receive a no-interest loan equal to a portion of your refund in one of four amounts: $250, $500, $750, or $1,000. This offer is available for a limited time only.

1 Important offer details and disclosures

Answers are correct to the best of my ability but do not constitute legal or tax advice.**If this post is helpful please click on "thumbs up"**
Level 15
December 3, 2019

REFUND ADVANCE

There has been no information regarding refund advances for 2019 returns.  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.  So far there has been no word at all as to whether there will be a similar program for 2019 returns; if there is one, it would not become available until late January at the earliest.

 

Edited:  Oops--looks like TT updated information about this yesterday!😊

**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.**