If I was preapproved for the refund advance and recieved the turbo card does that mean I was approved?

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If you selected to receive a Refund Advance, once your return is accepted, it will go through a final review by the lender. You will then be notified of the status, which typically happens within less than 1 day after IRS acceptance. If approved, the Refund Advance will be deposited on your Turbo Card within 1 day.

The IRS starts processing returns on February 12, 2021.

• Tax Year 2020 Calendar: Important Federal Dates and Deadlines

For more information on the Refund Advance, please see the TurboTax FAQ's below:

• About Refund Advance
• Offer details and disclosures for the Refund Advance program