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3 replies

DoninGA
Level 15
Level 15
Jan 1, 2024 9:18 PM UTC

A 2023 tax return cannot be e-filed at this time so the refund advance request cannot be completed.  You need to wait for e-filing to start on 01/04/2024.  Then you will need to wait for the IRS to either Accept or Reject your tax return after the IRS opens their system to receiving e-filed returns, sometime in mid to late January.

Level 15
Jan 1, 2024 9:47 PM UTC

Refund advance loans are not available from TurboTax at this time.   TurboTax’s loan program typically starts in January and ends in mid-February.   Your tax return cannot be filed until later in January.   One of the options you can select when you are ready to file is to get a refund advance loan,    You do not receive any money until your e-file has been accepted by the IRS—-and the IRS will not begin to accept e-files until at least mid to late January.

 

And…..do not try to prepare a tax return without ALL of your income documents; you must include every 2023 W-2 on the same tax return.  Employers have until the end of January to issue W-2’s.   Wait until you have all of your W-2’s.  Clients, schools, banks and other financial institutions may not have tax documents available until early February.  ALL of your tax documents must be entered on the same Form 1040; do not file unless you have entered everything.

**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.**
SteamTrain
Level 15
Jan 1, 2024 10:08 PM UTC

and it is worth repeating

 

"and the IRS will not begin to accept e-files until at least mid to late January."

_______

If you e-file before the IRS actually starts.....the file will just sit on a TurboTax server

......LOCKED.....YOU CANNOT STOP IT FOR A MISTAKE YOU DISCOVER LATER

...... YOU CANNOT GET IT BACK.  (unless the IRS eventually rejects it)

_______

DO NOT e-file before the IRS starts....DO NOT e-file before you receive and enter every tax document you must enter....W-2 forms, Interest, Dividends..anything tax related.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*