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nelnelcop
New Member

I filed my taxes yesterday and was approved for the tax advance and they gave me the card information. When will the money be available on the card?

 
3 Replies
xmasbaby0
Level 15

I filed my taxes yesterday and was approved for the tax advance and they gave me the card information. When will the money be available on the card?

First your return has to be accepted by the IRS; some of loan money is available within 48 hours AFTER that

 

 

Your e-filed return is still in pending on the server because the IRS will not begin to accept/reject/process returns until January 27.  Only a few returns were accepted early in a test batch.  Everyone else has to wait.

 

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

 

So watch your emails and spam folder to make sure you know after Jan. 27 if your return was accepted or rejected.

 

 

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.**
kristenm0630
Returning Member

I filed my taxes yesterday and was approved for the tax advance and they gave me the card information. When will the money be available on the card?

I filed mine and mine was accepted on the 10 and my card is activated and everything where is ny advance?

KatrinaLO
Employee TurboTax Specialist

I filed my taxes yesterday and was approved for the tax advance and they gave me the card information. When will the money be available on the card?

The IRS will begin to accept/reject 2020 returns on February 12, 2021. If your tax return has been accepted, you may have been in a test batch a few days ago. TurboTax is offering refund advance loans to those who qualify.  If you qualify the loan is offered at the time that you file your tax return. You do not get the money until the 2020 e-file has been ACCEPTED by the IRS. You also have to agree to receive your refund on a new prepaid TurboTax Visa. You will not be able to use the same Turbo card from last year.

https://turbotax.intuit.com/refund-advance/

 

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