NOPE ... refund advance loans are not available now. And when they do become available you cannot apply. The loan has to be offered to you when you prepare an online 2021 return. The online software will not be available until sometime in early December; the IRS will not begin to accept 2021 e-files until late January/early to mid-February.
https://turbotax.intuit.com/refund-advance
Refund advances have absolutely nothing to do with the child tax credit. The IRS is sending the monthly payments for the child tax credit to people who are eligible to receive them. Others will get the CTC as part of their refund when they file 2021 tax returns.
TurboTax will have refund advances available when you can file a 2021 return, but you cannot apply for it--it has to be offered. Then you get an advance on your tax refund on a prepaid Visa AFTER the IRS accepts your e-file.
https://turbotax.intuit.com/refund-advance
I applied for refund advance and got approved. My taxes were not accepted by the IRS. I fixed my taxes and now the IRS said my taxes were approved but I didn't receive my advance.
The IRS ACCEPTED the return for processing they were not approved. Approval of the refund distribution comes later when the return is processed.
As for the advance ... if you went thru the FILE tab again and were allowed to choose the advance option then the bank will determine if they will approve the loan ... pre approval thru the TT program is not a guarantee that the loan will be approved by the bank.
This is the loan agreement everyone signed for the advanced refund
FCB REFUND ADVANCE LOAN AGREEMENT
"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." However, the deposit time can be longer than 1-2 hours. See the following Help Article for more information: Offer details and disclosures for the Refund Advance program
That's what they say but I tried to get it and because your funds have to be loaded on this credit Karma spending card every time I tried to apply for the card it would say website not available it's like they block certain people and give people false hopes I would not use tax turbo again I messaged these people only got automated responses I wish I would have went with h&r block they are much better then these people are garbage go somewhere else if you want a fast refund
How soon did they let you know you were approved? IRS accepted my return but haven’t heard anything on advance.
Hello. We’re you approved after the 24 hours. Was the money on the card
No, the irs denied my return. I messed up on something so I fixed the problem and irs said approved and now there is nothing about an advance refund.
I received the advance this morning around 8. I filed last night at 6 or 7. I was really shocked that I got it but very grateful
Which screen was the advance offered on I don’t see it and I don’t want to go too far and submit it and they never offer it to me.. and I do have a credit karma card account
it’s on the page when you choose how to receive your refund. after you choose your payment method
It’s offered on the screen that asked you how you want to receive your refund. It’s like 3 options on that page. Turbo tax card, turbo advance, or direct deposit. I think those are the choices