950302
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Will I be able to get a tax loan this year

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies

Will I be able to get a tax loan this year

Whether TurboTax will offer any type of Refund Anticipation Loan in 2020 for 2019 tax returns is not known.

If they follow the same procedure as last tax year, then the option for the loan will be offered only to a select number of TurboTax users.  You would not be able to actually apply for a loan if not offered to you.

Will I be able to get a tax loan this year

We don't know yet what all the features for 2019 returns will be.  But TurboTax doesn't normally offer a refund anticipation loan in the classic sense.   As a variation, last year they offered a "Refund Advance" loan to certain users who qualified and chose to receive it on a Turbo Prepaid Visa Card.   It looks like they may be doing that again this year.  At least there is this FAQ:

 

https://ttlc.intuit.com/community/refunds/help/about-refund-advance/00/27333

 

Whether that will continue or not is not known yet, and if it's like last year, there's not a way to self-select into it.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question