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Dnav84
New Member

Advance on refund for 2020 tax season?

Was wondering if there was an option to to get an early advance tax refund loan. ??? 

8 Replies
xmasbaby0
Level 15

Advance on refund for 2020 tax season?

No, there are no refund anticipation loans for 2019 tax returns.  Sorry.

**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.**
Maricia42
New Member

Advance on refund for 2020 tax season?

Can we get a refund advance 

linear
Level 7

Advance on refund for 2020 tax season?

Sorry, but TurboTax doesn't do refund advance loans (they are also a terrible way to borrow money).

Lewis0600
New Member

Advance on refund for 2020 tax season?

Why

xmasbaby0
Level 15

Advance on refund for 2020 tax season?

@Lewis0600 

REFUND ADVANCE

There has been no information regarding refund advances for 2019 returns.  Last year for 2018 returns, certain qualified users were offered refund advance amounts on prepaid Visas at the time of e-filing, predicated on the amount of the refund and their returns being accepted by the IRS.  But it had to be offered--there was no way to opt in by request.  So far there has been no word at all as to whether there will be a similar program for 2019 returns; if there is one, it would not become available until late January at the earliest.

**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.**
Critter
Level 15

Advance on refund for 2020 tax season?

Why ? Did you ever look at the usury fees they charge ? It is a very expensive 45 day loan ... sharks charge less.
Delo211
New Member

Advance on refund for 2020 tax season?

How to apply 

DoninGA
Level 15

Advance on refund for 2020 tax season?


@Delo211 wrote:

How to apply 


See this TurboTax support FAQ for the Advance application process - https://ttlc.intuit.com/community/refunds/help/about-the-refund-advance-application-process/01/25557

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