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Returning Member
posted Dec 16, 2021 2:59:18 PM

Where do I go& what to do

I am interested in applying for the anticipation loan, I get about 4,000- 5,000 in income tax so I think I could qualify. Is there a link or do I just start my taxes& it will ask me?  I haven't worked this yr but I did get unemployment till July. What can I do? 

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2 Replies
Level 15
Dec 16, 2021 3:02:50 PM

See this TurboTax support FAQ for the refund advance - https://ttlc.intuit.com/community/refunds/help/about-refund-advance/00/27333

 

To apply for the Refund Advance, you must e-file your federal tax return with TurboTax. Availability of the Refund Advance is subject to satisfaction of identity verification, certain security requirements, eligibility criteria, and underwriting standards.  This Refund Advance offer expires February 15, 2022, or until available funds have been exhausted, whichever comes first.  Offer and availability subject to change without further notice.

Level 15
Dec 16, 2021 6:36:45 PM

REFUND ADVANCE LOANS

 

2021 returns cannot be efiled  using TT until at least 1/6/2022  and TT is not doing any holiday loans ... seek other options if that is what you want.

 

The refund loan will not be available until later in January when you can e-file your 2021 return.   The money for the loan is not given to you until the IRS ACCEPTS your e-file.  The IRS will not begin to accept e-files until late January or early to mid-February.

 

You cannot apply for the refund loan.  It has to be offered to you, and you have to agree to the terms—-which have changed since last year——so read some information——and pay attention to the details in the fine print …  https://turbotax.intuit.com/refund-advance/