What if you apply and are approved for a refund advance, feds accept the filing and then for some reason (after funds are received from refund advance) feds hold funds?

mzgoins · ‎February 2, 2023

I'm not sure of a likely example, but what if it falls through after the feds accept and someone gets the up to $4K funds - how would that person pay it back or what would happen?

CarissaM · ‎February 3, 2023

Through the approval process, it is checked if the refund would be held by any additional party. if this was the case the refund advance would not be approved.

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Critter-3 · ‎February 3, 2023

READ the fine print in the loan application you signed and agreed to ... if the loan is made and later the IRS reduces the refund in any way and the loan cannot be paid in full the bank will bill you for the outstanding amount.

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What if you apply and are approved for a refund advance, feds accept the filing and then for some reason (after funds are received from refund advance) feds hold funds?