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Level 1
December 10, 2020
Question

How do I apply for a refund advance

  • December 10, 2020
  • 3 replies
  • 2 views
Is there a application to fill out for the refund advance

    3 replies

    Level 15
    December 10, 2020

    TurboTax will be offering a refund advance loan —but not until January.  And you do not get the money until the 2020 e-file has been ACCEPTED by the IRS.You also have to agree to receive your refund on the prepaid TurboTax Visa.

    https://turbotax.intuit.com/refund-advance/

    **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.**
    VolvoGirl
    Level 15
    December 10, 2020

    In the past they had an Advance on your refund. We don't know if they will offer an Advance again.  But if they do it won't be until after January 1 and just when you are ready to file.  And only if they offered it to you.  You can't self select it.  And you don't get it until your tax return is accepted by the IRS.

    https://turbotax.intuit.com/refund-advance/

     

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

    Level 2
    January 19, 2021

    i would like to apply for a refyund advance

    Level 15
    January 19, 2021

    @Knuckles1289

    LOANS

    TurboTax is offering refund advance loans to those who qualify.  If you qualify the loan is offered at the time that you file your tax return.

    You do not get the money until the 2020 e-file has been ACCEPTED by the IRS.You also have to agree to receive your refund on the prepaid TurboTax Visa.

    https://turbotax.intuit.com/refund-advance/

    The IRS will begin to accept/reject 2020 returns on February 12, 2021

    **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.**
    Level 15
    January 19, 2021

    You can apply for a refund advance during the filing process.  On the screen, How would you like to receive your federal refund? select Refund Advance and follow the instructions on the screens.