No. We do not offer refund advance loans.
A refund advance loan allows eligible taxpayers to receive part of their expected tax refund before the IRS finishes processing their return. While some tax preparation services offer these products through third-party financial institutions, they are not available through this program.
What Is a Refund Advance Loan?
A refund advance loan is a short-term loan based on your expected tax refund.
If approved, you receive a portion of your anticipated refund before the IRS issues it. The loan is typically repaid when your tax refund is received.
Not all tax preparation services offer refund advance loans, and eligibility requirements vary by provider.
How Will I Receive My Tax Refund?
After you file your tax return and the IRS processes it, your refund will be issued using the refund method you selected when filing. Common refund options include:
- Direct deposit to your bank account
- A paper check mailed by the IRS (IRS will send a notice asking for bank information if this choice is selected)
Direct deposit is usually the fastest way to receive a federal tax refund.
When Will I Get My Refund?
The IRS generally issues most refunds within 21 days after accepting an electronically filed return that uses direct deposit. However, some refunds may take longer. Your refund may be delayed if:
- The IRS needs to correct information on your return.
- Information is missing from your return.
- The IRS needs to verify your identity.
- You claimed certain tax credits that require additional review.
- The IRS needs more time to process your return.
You can check the status of your federal refund using the IRS "Where's My Refund?" tool after the IRS accepts your return.
How Can I Get My Refund Faster?
While this program does not offer refund advance loans, there are steps you can take to help avoid unnecessary delays:
- File your return electronically (e-file).
- Choose direct deposit for your refund.
- Review your return for errors before filing.
- Make sure your bank account information is entered correctly.
- Respond promptly if the IRS requests additional information.
These steps can help the IRS process your return as efficiently as possible.