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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
Level 15

Advance on refund for 2020 tax season?

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

New Member

Advance on refund for 2020 tax season?

Can we get a refund advance 

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Level 6

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).

New Member

Advance on refund for 2020 tax season?

Why

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.

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.
New Member

Advance on refund for 2020 tax season?

How to apply 

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