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New Member
posted Aug 11, 2019 9:00:57 PM

Advance on refund for 2020 tax season?

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

0 8 1521
8 Replies
Level 15
Aug 12, 2019 2:38:37 AM

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

New Member
Nov 18, 2019 12:44:15 PM

Can we get a refund advance 

Level 7
Nov 18, 2019 12:47:49 PM

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

New Member
Nov 27, 2019 12:59:54 AM

Why

Level 15
Nov 27, 2019 3:37:56 AM

@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.

Level 15
Nov 27, 2019 5:31:29 AM

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

New Member
Jan 11, 2020 8:34:59 AM

How to apply 

Level 15
Jan 11, 2020 8:37:28 AM


@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