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wooddawgs
Returning Member

How long does it take to get the refund advance

 
12 Replies
DoninGA
Level 15

How long does it take to get the refund advance

You’ll receive your Refund Advance within 48 hours of the IRS accepting your e-filed return. This differs from 48 hours from when you e-filed your taxes through TurboTax or selected that you wanted Refund Advance. The IRS begins processing and accepting e-filed returns  on and after January 27.

wooddawgs
Returning Member

How long does it take to get the refund advance

Said it been received 

Keshiajane28
New Member

How long does it take to get the refund advance

How long did it take for you to get you refund after you efiled

xmasbaby0
Level 15

How long does it take to get the refund advance

@Keshiajane28 Read this

https://www.irs.gov/newsroom/irs-opens-2020-filing-season-for-individual-filers-on-jan-27

 

Please read this thoroughly and click on the relevant links:

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.**
andreathax32
New Member

How long does it take to get the refund advance

I completed my taxes yesterday.  I was approved for the refund advance loan. I recieved the email information with the temporary card info. Also, I set up my account online and still I have no funds. Any insight? It says 1 hour funds will be available.  

CassLO
Employee TurboTax Specialist

How long does it take to get the refund advance

Typically within 48 hours of the IRS accepting your return.

 

Once the IRS accepts your e-filed return and if you are eligible and approved for Refund Advance (a 0% APR loan with $0 loan fees) and the Turbo Visa Debit Card, you will first

get a notice in 1 hour, to set up the account. Once the account is set up the money then hits the account w/in 48 hrs.

 

Related Information:

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ashc15010
Returning Member

How long does it take to get the refund advance

Did you ever get your money?🤔

xmasbaby0
Level 15

How long does it take to get the refund advance

@ashc15010 You posted your question to a thread that is two years old.  Do you have questions about the refund advance?

 

Refund Advance eligibility

 

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

  • You’re 18 or older
  • You’re not a resident of 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 CEZ

 

 

 

 

The refund loan will not be available until later in January when you can e-file your 2021 return.   The money for the loan is not given to you until the IRS ACCEPTS your e-file.  The IRS will not begin to accept e-files until January 24.

 

You cannot apply for the refund loan.  It has to be offered to you, and you have to agree to the terms—-which have changed since last year——so read some information——and pay attention to the details in the fine print …  https://turbotax.intuit.com/refund-advance/

**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.**
Shyneckadr
Returning Member

How long does it take to get the refund advance

OK so I filed yesterday did the refund advance for 3,000 my taxes that were filed went say in process to submitted today how long does it take to get the advance

EbonyA
Employee TurboTax Specialist

How long does it take to get the refund advance

 Typically you will receive the Refund Advance funds within 48 hours of the federal return being accepted by the IRS @Shyneckadr .

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gloriaj13-
New Member

How long does it take to get the refund advance

Im in California, filed on the 24th was approved that same day even for a refund advance, its been several days and i still havnt gotten anythn.

ErnieS0
Employee Tax Expert

How long does it take to get the refund advance

@gloriaj13 Has the IRS accepted your income tax return? TurboTax may have approved you for a Refund Advance but the process will not start until the IRS accepts your return.

 

TurboTax says: "If approved, your Refund Advance will be deposited into your Credit Karma Money TM Spend (checking) account, typically within 1 hour after the IRS acceptance of your e-filed federal return."

 

Offer details and disclosures for the Refund Advance program

 

The phone number for Refund Advance is 1-888-679-8122.

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