Turbotax refund advance denied. Full Service for personal taxes Full Service for business .

Turbotax refund advance denied Set it up with turbo tax blah blah blah. I was denied & I went to TurboTax. I already had a credit karma spend account but have never used it. - 7:00 p. ‎January 21, 2023 6:19 PM If your e-file status in TurboTax confirms that your return has been accepted, you will need to reach out to Credit Karma to determine the status of your Refund Advance. My refund was accepted last night around 1:30AM but the money has not come through and there’s nothing in my email about it. Refund Advance is a loan based upon only Turbotax can tell you the reason because we can't see your return. Full Service for personal taxes Full Service for business My refund was denied for the advance payment, how do I change to direct deposit. My refund could be reduced due to possible outstanding debt obligations. Last year we got about 10,000 and a 3,000 advance. Availability of the Refund Advance is subject to satisfaction of identity verification, certain security requirements, eligibility criteria, and underwriting standards. New comments cannot be posted. i got a refund advance thru them on 2018 and because of this the IRS sent them my first stimulus check and they denied receiving it. Please see below for more information: https://ttlc If you are approved for a loan, your tax refund after deducting the amount of your loan and agreed-upon fees (if > applicable), will be placed in your Credit Karma Money Spend (checking) account. Expert does your taxes. Best. to get away with this. The agent put me on hold and then hung up on me. The only thing now is that your money will go into the account they are affiliated with (credit karma). I was "pre-approved" but then denied because of past tax offsets which have been PAID! Turbo tax is a scam ‎June 7, 2019 4:26 PM. An expert does your return, start to finish. or WebBank, neither of which are affiliated with MVB Bank, Inc. The IRS is accepting returns from HR block already. But green dot sent a email saying advance was denied but my card is on the way?how do I I've always gotten an advance of some kind. then on the other hand you got me, who has Got a refund advance for 2500. " Now when I look on the app, that message has completely disappeared. I already E-filed, I file the same every year and receive my refund usually the first or 2nd week of FEB. Unfortunately, there is no way to self-select into the offer. I called TurboTax three business days later, not understanding why I didn't get my refund advance even though I was pre-qualified. If approved, you could receive your tax refund anticipation loan proceeds within minutes after you file with Pay metabank and know if you ever return to JH they will let you know you owe them for the original interview and preparation of your documents during the ERA loan. But, like your screen shot shows, I didn't see any of that. I've used Turbo tax for years, but I doubt I will continue to do so, if I don't get a straight answer. E-filing won't open until sometime later in Januray. TurboTax Refund Advance can give you up to $4,000 in less than a day! They estimate that most loans will be closed within 1-2 hours of IRS acceptance of the tax return. Once payment has been received, the product is considered to have been used to prepare your taxes, regardless of whether you print or electronically file your return, or if it's rejected. Topics: TurboTax Deluxe Online; posted ‎February 7, 2023 4:51 PM. ERA loan amounts are determined by your expected Federal refund less authorized I applied for an advance and got denied now it says my taxes are going on a prepaid card and not my bank account according to an email I got. Got pre-approved for a $3000 loan, which I didn't accept anyway, I just went with having it DD'd to my bank account instead. I go into my email and it states i was denied because I "withdrew my application" WHICH I NEVER DID. We'll guide you step-by-step. I did, but it got rejected, and in the email stated, "We are unable to process the refund for TurboTax Online product Case because our Satisfaction Guaranteed policy only covers TurboTax CD/Download products. It’s basically a bridge loan for the three weeks it takes the IRS to process a regular refund. I know they said it could take 48 hours. If you didn't pre-qualify for Refund Advance, it may be because you owed money to your state, your refund was not $500 or more, or you have outstanding student loans or current tax liens. My taxes got accepted but turbo tax never submitted the application so I'm not getting the advanced. its so misleading and just absolutely wrong and I don't know how they have been able. Mind you it said it would take 4 minutes after being accepted by the IRS. If you didn't pre-qualify for Refund Advance, it may be because: Your federal refund was not $500 or more. A. You'll get an explanatory letter from the Bureau of the Fiscal Service if your refund is offset. Why? I filed for. It is indeed First Century Bank that approves or denies the Refund Advance loan. Any remaining balance of the funds will be placed in the same Credit Karma Money Spend (checking) account once the funds are disbursed by the IRS If you apply for Refund Advance, your application will need to be approved by First Century Bank, N. United TURBOTAX; Expert does your taxes. did you read the criteria for refund advance How do I see if im pre-qualified for the refund advance through turbo tax? Do I have to buy the software or can I do it online through turbo tax website? Last year I went online to do my taxes but refund advance was not an option so im a little confused. Some taxpayers use a Refund Anticipation Loan (RAL) to bridge the gap between the open of tax season and the time they might receive a refund. Refund Advance is a loan based upon My nephew used the turbo tax system, that routed his refund money into a Credit Karma account without his knowledge - his dollars are now locked up in that account, inaccessible, and he feels like he's been scammed. "The Refund Advance offer is not available to all customers at this time. I applied for turbo tax advance about 11am on 01/26/22. Capital One denied my CL increase request If you qualify for Refund Advance and are approved for the Turbo Visa Debit Card, you’ll be notified by email of the approved amount and you’ll be able to start spending online, typically within 48 hours of the IRS accepting your return. I downloaded my filed taxes and it shows clearly on the top page that I accepted the terms for the Advance Refund. Paying with your federal refund isn't required for the Refund Advance loan. Credit Karma's What is TurboTax Refund Advance? Make sure your accounts are linked: Linking Credit Karma with TurboTax Account He even called MVB and they said it was denied. I spent 5 hours yesterday being taken back and forth between CK,Turbo Tax and the loan bank saying they have no answers whatsoever. SorryTurboTax does not have any refund advance loans at this time. I applied for the refund advance and now my return has been accepted, but I haven't received anything regarding the advance. But not all efforts to get an RAL are successful. Open a checking account with Credit Karma Money. I was told I was pre approved for refund advance and that I just needed to wait for the irs to accept my return and afterwards they denied so now I’m stuck. For general assistance with TurboTax, visit the TurboTax Support Center or call 1-800-446-8848. Question? I applied for a refund advance through Turbo Tax and was denied for it. But I'm glad I looked on here. Turbo tax refund advance option . This equates to a 7. I have no idea what this is regarding. Reply Please no rude comments Just wondering if it’s possible to apply for the tax refund advance through TurboTax after filing and being accepted. It’s seems to be working very well this year. If When you file with TurboTax, you have three options to receive money fast: Get up to $4,000 † instantly 1 with a Refund Advance loan with $0 loan fees and 0% APR. Nothing. It prompted me for an advance, that’s why I was there in the first place. it confused me after seeing accepted then denied! You can't apply for it. United States (English) United States Self-employed expense estimator More calculators Latest tax law changes Active duty/reserve military Product reviews Tax tips TurboTax blog. I’m not stupid I filed my taxes on 1/28/2023. I signed up to get a refund advance. One of the options you can select when you are ready to file is to get a refund advance loan, You do not receive any money until your e-file has been accepted by the IRS —-and the IRS will not begin to accept e-files until at least mid to late January. compared to TurboTax Full Service Basic price listed on TurboTax First Century Bank NA will send you an email explaining why you weren’t eligible for the Refund Advance. Luckily I have been pre-approved for an advance. You can't apply for Refund Advance after you file First Century Bank NA will send you an email explaining why you weren’t eligible for the Refund Advance. Here are some tips when contacting the IRS: First choose your language. Need Some Help? An Early Refund Advance is a loan with a 35. Returning Solved: I did the CK refund advance for $450. I also never received an email of actually even being approved for an advance, or denied either. TurboTax will let you e-file as of January 4. To avoid surprises, always review the terms before accepting a tax refund advance. Potentially faster access to refunds with direct deposit into a Credit Karma Money Spend account or a TurboTax Refund Advance loan; If your refund is denied or lower than expected, and you can There are no loan fees for the refund advance. Is any one else getting denied for the turbo tax advance even though credit karma says it should be allowed. other reasons include past due student loans You cannot apply for the advance now. Note that the FAQ says the following. Information and advice about Public Service Loan Forgiveness, a forgiveness program for US federal Was anyone else approved for a tax refund advance last year but denied or offered a substantially lower amount this year? Locked post. First Century Bank NA will send you an email explaining why you weren’t eligible for the Refund Advance. I've called the TOP and the IRS, I have ZERO offsets. My tax return was approved on WMR with a deposit date of 2/26. Members Online. My refund is almost Those who are denied won't receive any notice. My refund was for almost $3000, just 1 W2, and 3. They couldn't locate my 2021 taxes, they can only see my 2021. Perhaps part of the confusion is that the IRS wasn't supposed to officially accept returns till today, though it's normal for the IRS to approve certain early-filed TurboTax returns ahead of TurboTax Online can be used at no cost up until the point that you submit payment. You can only get it if it's offered to you when you file your tax return. The rest of your refund (minus any TurboTax fees) will be loaded on the same Turbo Card as your Refund Advance, typically within 21 days from IRS acceptance. Rep told me when you select the option for refund advance you do not get early access to fund going into money spend account regardless if your approved or denied for refund advance. My return was accepted by the IRS early evening. United States (English) United States (Spanish) Turbo tax DID say I was PRE QUALIFIED for up to $750 Refund Advance. So I got ahold of CK to see when the funds would be on there. Let me know if I'm not getting your situation right. I was denied and my taxes came in today but the $450 is missing. But. Still a sizeable refund coming after 1 offset but does that automatically flag account Turbotax runs their advances very differently. Then, credit karma doesn’t tell me until the end (right before filing) that I was “denied” the advance. TurboTax offers a $0 fee, 0% APR early refund advance of up to $4,000 to qualifying customers until mid-February. After you’ve been approved for Refund Advance, we’ll email you instructions to set up your Turbo Card account. Loan details and disclosures for the Refund Advance program: If you expect to receive a federal refund of $500 or more, you could be eligible for a Refund Advance loan. It will be anytime the day of up until evening depending on processing time. Selecting the right provider for a tax refund advance is crucial. I call TurboTax and they direct me to call Credit Karma. Already got my refund back. Old. Then, returning to the Turbo app, it said something like "Hang tight your $500 refund advance will get here as soon as your refund is accepted. ET The TurboTax FAQ for the Refund Advance loan states that, if not approved, you can contact First Century Bank at the phone number listed on the rejection email to get details. Let an expert do taxes for you The TurboTax FAQ for the Refund Advance loan states that, if not approved, you can contact First Century Bank at the phone number listed on the rejection email to get details. Wanted to do the advance. your local time. Choosing the Right Tax Refund Advance Provider. BUT honestly if I were you, I’d save yourself a couple hundred bucks and file online through TurboTax, you can apply for a refund advance and I did them myself on TurboTax and I actually got more back doing them myself then letting someone at HR do it! It's wild that I filed on 1/11/24, and got a notification on 1/19/24 that the IRS 'accepted' my return (TurboTax language meaning received by the IRS not approved). Maybe I was denied but there is nothing saying that either. Is any one else getting denied for the turbo tax advance even though credit karma says it should be I know I was pre-qualified for refund advance and chose that as my option. I apparently was denied but I never recieved an email explaining why, I was approved for the creditkarma Individuals can call the IRS at (800) 829-1040, Monday through Friday, 7:00 a. They don't officially start accepting until the 12th. Never had issues with h&r block etc Reply reply I normally file with turbo tax and I know when’s they do the refund advance they look at the previous tax year to Reply reply MikeWhooo13 When you went into turbotax and fixed it did you go through the process again for the advance and then resubmit your return? ‎January 23, 2024 12:40 AM. They had no idea and could only speculate. However after my refund was accepted by the IRS, I got an email from First Century Bank saying I had been denied because I had an offset. An unofficial, civil, and helpful community to discuss filing your taxes with Intuit TurboTax. Once the tax return has been filed you cannot request an advance on the refund even if you were eligible before filing. I had originally chosen to accept a advanced refund loan from TurboTax when I filed on 01-08-2024. United States (English) United States (Spanish) Canada (English) Canada (French) Self-employed expense estimator More calculators Latest tax law changes Active duty/reserve military Product reviews Tax tips TurboTax blog. Once your account is set up, you’ll get temporary account details Refund Advance Denial and Direct Deposit . you can't apply. 75% fee I think it was. Share Sort by: Best. Was pre-approved for the advance. I dont think people are usually denied but the amount of advance you get varies. The refund advance has a couple caveats you should be aware of, such as: 1: You will not get the payment until the IRS accepts your refund. You will be emailed instructions on how to set up your Turbo Card I go into my email and it states i was denied because I "withdrew my application" WHICH I NEVER DID. I also did credit karma tracker and it states federal and state N/A. Anyone else experience Amount of the advance: From $200 to $400, provided you also plan to apply for a Jackson Hewitt No Fee Refund Advance Loan or Go Big Refund Advance Loan (see below). I didn't return back to them with my w2 I filed on line with turbo tax. I was worried this year would be different due to credit karma. They denied me never received a email stating why!? I don't. You can transfer to your bank or transfer immediately to an alternate debit card for 1. I I was approved for Advance refund from credit karma. Today I've been on the phone with customer service and the first person told me to submit a refund request. Level 15 Mark as New How to calculate how much Trad IRA to convert to Roth in 2024 since Turbo Tax (2024) is not complete. You can only get an advance after you file your tax return, not before, and Turbotax does not charge interest. 1 Reply My 2022 refunds are accepted by Turbo tax and now they are in “process” on the IRS But I’m waiting more than 2 years I filed my taxes and submitted everything on the 24th of January and I checked the status of the refund advance today, because the IRS started accepting e-files on the 29th of January, and it stated that my advance got denied after confirming that Both emails will be from Turbo Tax. You can do a digital drop off and still apply for the advance. TurboTax offers a refund advance of up to $4,000 with no loan fees and a 0% APR until Feb. So I continued and afte To pre-qualify for Refund Advance, you must have a federal refund of $500 or more (excluding any Recovery Rebate Credit), meet eligibility criteria, get accepted for a Turbo Visa Debit Card by Green Dot Bank, and agree to the Refund Advance terms and conditions. do not prepare your return using paystubs. I only have self employment income (higher risk for TT to take), my credit score is 557, I claim EITC and CTC, etc and my refund amount is $5485. with the reason for denial and contact information if you I could have filed my return with the same company I’ve used since 2012, for $13 total vs $150. Turbo Tax. ; Then do not choose the first choice regarding REFUND, or it will send you to an automated phone line. I feel like I got duped into creating a credit karma account. It can take 21 days just to find out why it was denied. Because unfortunately JH has STEEP filling prices. If you didn't qualify for Refund Advance, it may be because: Your federal refund was not $500 or more. I was going to be getting 2000 or So In an advance. Update: me and my husband did get the refund deposited to the turbo card. The fact that a customer service representative will walk us through the process is wrong. If you check the comments under TurboTax refund advance site, it's even worse! They tellin people the amount they have successfully been approved for, in the 1000's, then they waitin for IRS to accept and no money comes. Not trying to give your hopes up, I to am waiting for acceptance from irs to get advance. I neglected to choose a refund loan, but am having second thoughts now and would like to. Now here it is 3 hours after being accepted from the IRS no advance A refund offset is when an IRS refund is reduced or intercepted to pay off delinquent debt, such as past-due child support, outstanding student loans, or unpaid state income tax. My federal tax was accepted on 1/20/23. Then it stated I had to create a credit karma spend account for it to be deposited. I managed a tax office that was partnered with one of those banks. Refund Advance Approved Then Denied. See the FAQ at the link below for details. If you've been turned down for TurboTax does not have access to your approval or denial, if you qualify for Refund Advance and are approved for the Turbo Prepaid Visa Card, you’ll be notified by email of the approved amount and you’ll be able to start spending online, typically within 48 hours of the IRS accepting your return. Another potential risk is receiving a lower refund than expected, which can occur if your refund is denied Tax refund calculator Tax bracket calculator W-4 withholding calculator Self-employed expense estimator More calculators Latest tax law changes Active duty/reserve military Product reviews Tax tips TurboTax blog Although there are no loan fees associated with the Refund Advance loan, separate fees may apply if you choose to pay for TurboTax with your federal refund. To apply for Refund Advance, you must e-file your taxes with TurboTax and select Refund Advance on a Turbo Visa Debit Card for your disbursement method. or WebBank before you can receive your advance. Filled out the application for the advance refund and completed my taxes. Even better, you can get the advance with $0 loan fees and 0% APR. fuck Jackson Hewitt They're not sending the advance refunds yet they're just stating if you're pre qualified or not but you still have to wait until the irs After 2 weeks (I got approved my IRS 1/26/23), I contacted Turbo Tax and they had no clue and pushed me to Credit Karma. Although you were not approved for a Refund Advance, your refund amount, less any applicable fees and the cost of any products or services agreed to, I haven't been denied or approved for the refund advance. Full Service for personal taxes TURBOTAX; Expert does your taxes. Open comment sort options. ; Then press 1 for form, tax history, or Turbo Tax Refund Advance Denial . Most commonly would be insufficient refund amount (BTW The IRS isn't even open yet so it's a 50/50 chance that advamce loans fail because there is no way to verify your refund amount when the IRS doesn't even open till the 29th). Bookmark Icon. I’ve been doing my taxes for ten years on turbo tax getting a refund advance within minutes of its accepting refund not approving. New Member How about them not stating anywhere during filing that w-2 income is necessary (not ANY income-im a disabled vet and was denied but only after I signed up for the credit karma checking account-due to no w-2 income) but I wasn't informed I was denied until after the account was opened and turbo tax even says when you're denied. I called CK and they had the most oblivious customer service support. TurboTax is tax-preparation software that lets you file your tax return online. It took about 12 hours after acceptance. Submitting payment reflects your satisfaction with TurboTax Online preparation of your taxes, and is non I filed with Turbo Tax (as I have for years) on 1/31/2020, with EIC credit and was approved for an advance so I went with the Turbo card. , Member FDIC. I think I'm sitting here in limbo. Level 15 Here’s how it works: If you file with TurboTax Online, while Refund Advance is still available, and have a Federal refund of at least $500 and meet other eligibility requirements, you may be able to get a Refund Advance instantly after IRS e-file acceptance 1. Pretty quickly, I received an email stating the advance was approved and in my CK spend account. My refund was for almost $3000, just 1 W2, and 3 dependents. About. They state they should not be It could just simply be its not a business day for banks and you could see the advance in the morning, possibly after 12pm. United States (English) United States (Spanish) Canada (English) Canada (French) Yeah, TurboTax advance is a joke. Full Service for personal taxes Full Service for business taxes. Said I was approved for $3000. r/TurboTax. When I go to view my status for this year there is a box right below that says check back soon to see about your refund advance application. tblack84. I was also denied the advance. Loans range from $250 to $2,000 and are based on your expected federal tax refund. You owed the U. An incentive to filing your tax return with TurboTax is the tax refund advance program it extends to certain individuals. last updated If your Refund Advance is denied, you should receive an email from First Century Bank (the bank issuing the Refund Advance loans) letting you know Tax refund calculator Tax bracket calculator W-4 withholding calculator Self-employed expense estimator More calculators Latest tax law changes Active duty/reserve military Product reviews Tax tips TurboTax blog It showed I was accepted then jumped Said I was denied for the advance right after I was done filing my taxes it let me apply for the advance then had me e-sign then that's when it showed it was accepted for the advance then jumped to I was denied so I wasn't sure why it showed that . My refund was accepted by the IRS less than an hour after. Unfortunately, you did not meet the qualification criteria for the Refund Advance. a-abdellatif. Here’s how to apply for the TurboTax Refund Advance: Before you file, choose Refund Advance † for your refund option. One saying your return was accepted and one saying your refund advance was sent to the TEMP CARD INFO THEY GIVE **This is a Copy and Pate from that email** “Your Refund Advance loan request submitted through TurboTax has been approved by First Century Bank, N. Then it went for final approval and was denied by First Century Bank underwriting after logging into my credit karma amount. And any time I ask the "help" on turbotax, "how will I actually know, if I got accepted for the return advance?" Advance got denied. It's a shitty cycle of circumvention and I am BOILING over it. and also as you already probably know I got denied after I missed a w2 on my taxes even though I was accepted through turbo tax will my refund get fixed by the irs or will they deny my refund Share Sort by: Best. Even HR Block advertises a refund advance online but after doing that you must make an appointment to go into the office. They denied me this year for the refund advance but approved me for $2500 last year. I've called turbo tax and the rep states she can see I was approved for me to call credit karma. As part of the process I created the required Credit Karma account. I don't understand why the system is not set up to at least give you a reason for denial or let you know which qualifications you did n I just want to give my persons opinion on the usage of credit karma teaming up with turbo tax this year. Full Service Yes do turboTax do advanced loans on your taxes. I am still waiting on my refund to be approved by the IRS. Government or your State. For questions on why you were denied the Refund Advance, please contact Customer Support. Through credit karma and while filing. The wmr tool on the irs website says "the information you entered doesn't match our records" like there is no record at all for my return and turbo tax refund checks just says n/a for both state and fed. I'm really sad because I did read the negative reviews about advance options but I am desperately in need and couldn't wait 21 days+. many times the actual W-2 differs which would then require you to amend. Additional fees may apply for other products and services that you choose. 0 1,311 Reply. I already have an account with credit karma but not a money spending one. Here are some of the eligibility requirements to qualify for a Refund Advance loan: You’re 18 or older; You’re not a resident of North Carolina, Connecticut, or Illinois; You’re e-filing your federal tax return with TurboTax; Your physical address is listed on your tax return. Hello! Apologies if this question has been answered already. ‎January 24, 2022 6:14 PM. ee-ea. When will I get the missing $450? I filed through turbo tax and opted in to the refund advance through credit karma. In the fine print it says if you had a credit karma account last year and the account is closed that you can't get a refund advance. I was approved for a refund advance in the amount of $250 when I filed. 3% finance charge from Republic Bank & Trust Company that you could get with just a pay stub(s) at participating Jackson Hewitt locations. The only reason I used them was for extra $$ for the holidays which is great they offer the I signed up for the refund advance. If you were denied the refund advance loan with JH, you can go anywhere else you like to prepare your taxes. I e used TurboTax for years and never had a problem with the refund advance. 2nd year in a row denied. Some taxpayers use a tax Refund Anticipation Loan (RAL) to bridge the gap between the first of the year and mid-to-late February. Are you “accepted” on turbo tax and “approved” on the irs website? I chose direct deposit then a day later I heard about the advance and spoke to customer support and they said because However, today my refund was approved and about 20 minutes later I received half of my refund with the advance program. I filed with turbo tax, for the last 4 years. You did not agree to all the Refund Advance terms and conditions. If you didn't pre-qualify for Refund Advance, it may be because: Your federal refund If you applied for a refund advance and were denied, you will still receive your refund on a If you qualify for Refund Advance and are approved for the Turbo Visa Debit First Century Bank will send you an email explaining why you weren’t eligible for the Refund Advance. This ensures you’re prepared for any repayment scenarios that could arise. Here it is 1/25/2023 and still no refund. By Jennifer Farrington Jan. They only give refund advance option to new turbo tax users. You were likely denied for another reason. I apparently was denied but I never recieved an email explaining why, I was approved for the creditkarma If you didn't do the refund advance or pay with your federal refund you will get it up to 2 days earlier. turbo tax for all the new customers and agree to have your information shared with them and agree for you refund to be deposited into the ck account. The company offers no-interest refund advance loans at the beginning of the tax season. I really think that REFUND ADVANCE IS A SCAM . 15 (or when funds run out) if you meet certain eligibility requirements. Back. Do it yourself. What is the TurboTax phone number? You have clicked a link to a site outside of the TurboTax Community. STAY AWAY FROM TURBO TAX AND THEIR HIDDEN FEES. Pathward® N. Think I'm done with turbo tax. Turbo gets in all sorts of controversy, year after year. mention that first century bank stated they don’t have no information on whether or not I have been approved yet or denied. ; Get your federal refund up to 5 days early 4 in a Credit Karma Money TM account 5 for no additional cost. Turbotax selects those who are offered advances and that's after the e-filed return is accepted by the iRS. I know my return just got accepted yesterday and I got the advance for $1000 deposited into my account within 60 seconds. I received a email today saying my taxes were accepted from turbo tax. Hopefully your amount for advance increases once its approved. I paid my fees up front. 0 3 377 Reply. So, I call turbo tax back, they say they still see a denial from the bank. Every year. You did not agree to all the Refund Advance terms. I was keeping track of credit scores with it at one point. It claims I can use the virtual card to make purchases, but it has denied every attempt I've made at spending some of the money. " About Refund Advance The turbo tax rep said my refund will be processed by sbtpg. The best they can do is say to just wait because they aren’t given answers either. Sometimes, you'll get turned down. I got a loan and filed through turbo tax . Sometimes the Turbotax messages are somewhat cryptic. This year you can get up to $4,000 with $0 loan fees and 0% APR. Just got denied credit and a bank account because I'm trans. I was denied for an offset but when I called the Treasury Offset Program today the representative told me that I do not owe a debt and I DO NOT have an offset! this is a scam to get you to use the card. And who knows why some people get denied. I called First Century Bank and get this. I know this because I too went through the same thing. Open comment sort options Got approved for Turbo Tax Advance and then denied. I looked at the turbo tax eligibility and was approved by TurboTax for the refund advance. Obviously it is still pending at the moment. Again, Santa Barbara says the account I have from them was a "glitch from Turbo Tax" since I was denied the advance and have no fees. 0. In addition to being Fiction – It takes a long time to apply and get a loan decision for a Refund Advance loan. I applied for the refund advance and according to the listed qualifications, I currently meet them all. I am in a few tax groups on Facebook and saw many TT + turbo card users with the same deposit date Turbo tax refund advance . Just never done it before and worried I’ll get denied. 0 4,247 Reply. I was concerned because they are using credit karma account this year but everything is working out as I hoped. For the past several tax seasons, there have been refund advance loans during January and February. m. Top. US En . This year we are getting 12,000 (due to ctc) and are eligible/pre-qualified for 4,000 advance. The remainder of your refund will be processed as usual. It’s the worst thing they have ever done. 53% Estimated Annual Percentage Rate based on a loan duration of 75 days. S. ; Instead, press 2 for personal income tax questions. Won’t be using TT ever again. , the lender for the loan will notify all applicants by text or email of their decision. Bout 5 pages of the same thing till somebody checked their spam folder and see they got denied days before IRS even accepted It's has now been 50 hours since acceptance of my return by the IRS and approval of my refund advance with absolutely NO update as to where my funds are. I got a $1000 refund advance and was only able to make to make one successful transaction with my virtual card before it flagged for potential fraud and locked the card. So it's on their end and hopefully their IT people are fixing the issue. New Member. Critter-3. That means you can't get an advance until the IRS opens e-filing, whenever that happens. After this I've received nothing regarding refund advance even though my taxes were accepted by the IRS the 21st. ; Get your federal refund 5 Days Early 2 in any bank account, guaranteed 3 for a fee. Does anyone know if it will gos directly to my account now since it was denied? Or will it still have to go through whatever third party bank they use and then transferred to me? There are about 6 banks that provide those advance products to tax offices. No reason why, no email why. By clicking "Continue", you will leave the Community and be taken to that site instead. r/TurboTax • Refund Advance Issues and questions. I had earn income child tax credit so it was a good sized return. CK pawns us off to TT and vise versa. As I went through the process, I was told I was approved for an amount to be advanced. However, as I stated earlier you have to wait until efiling opens (around 1/21/24) and the IRS accepts your return. Fact – If eligible, you can apply for a Refund Advance loan at the end of your tax prep. 1 Is there any way to go back and request a refund loan if I have already e-filed? I did so on the 15th of January and am having it direct deposited to my bank account. preapproved for a certain amount. You can contact them via their Contact Us link for assistance. Refund Advance is a loan based upon Visit the TurboTax website to learn more about Refund Advance and refer to offer details and disclosures for the Refund Advance program for further information. TurboTax Refund Advance help why so low . and saw a notification saying I was not approved for the advance. Here’s the letter as to why. Can i get a refund advance. If approved, your Refund Advance could be deposited into your checking account instantly after the IRS accepts your return 1. Which was a good chunk more than JH quoted and this is before we Refund Advance eligibility . Sbtpg said they have an account created for me but that they shouldn't and it looks like a glitch from turbo tax. General Question I applied for a Refund Advance through Turbo Tax and was denied for it. one site says the 24th. I was approved when i filed for $750 and they told me to wait till IRS accepted then when IRS accepted they said I am denied and i will receive email from. Add a Comment. Call Credit Karma and they direct me to call turbotax. Well, I wasn't. I haven't seen ANYTHING about my advance yet. The third party processor will deduct the TurboTax fees plus the service charge and then attempt to direct deposit the remaining refund balance into the account that you entered on your tax return. The only times I have seen the advance funded by the tax office is a local payday advance finance company and HRB. 1 23 4,033 Reply. Ive been with turbotax i believe since 2017 and have always been able to get an advance which is so helpful, but now i think this will be the last year i will be using turbotax. I think you can pay the loan separately even if you decide to go elsewhere You do NOT have to use JH . Refund Advance loans may be issued by First Century Bank, N. Denied Refund Advance after being approved. Making I applied for the refund advance and according to the listed qualifications, I currently meet them all. . , Member FDIC, for a loan of $2000. Not only does paying turbo tax with your refund delay your refund a couple days, but I also feel I paid more than I thought I was supposed to. New. I filled out the info for the card. lisaoshman1964. I filed Saturday the 22nd, still no update. I still Well lucky IRS updated and said refund should be sent by 2-29. Controversial. Full Service for Consent to disclose your information for the refund advance loan and for a Turbo® Visa® Debit Card We're going to disclose the tax information described from your 2019 tax return to First Century Bank (the lender), BorrowWorks (the lender service provider) and Green Dot Bank (the issuer of the card) to process your Refund Advance loan To apply for a Refund Advance, you must file your taxes using H&R Block and pass the lender’s eligibility criteria (including a sufficient expected tax refund from the IRS, e-filing your return in a participating H&R Block office and providing certain consents and valid ID). because the income verification is in case something happens with the return so they know there's In very small letters when you pick the advance option, it will state that approval is based on other factors and you’re not actually approved or denied until the irs accepts, I filed 1/25 @2:27am & had my advance in my CK account by 4am. ; Here is a brief Loan details and disclosures for the Refund Advance program: If you expect to receive a federal refund of $500 or more, you could be eligible for a Refund Advance loan. Not sure if that helps anybody. Does anyone know if it my tax refund will go directly to the CK account? Or will it have to go through SBTPG? I don’t have any fees or anything and wanted to check because I couldn’t find a TurboTax offers an advance that is paid on a prepaid debit card, but only after you file a completed tax return and that return is accepted by the IRS. This year it’s accepted my ret Loan details and disclosures for the Refund Advance program: If you expect to receive a federal refund of $500 or more, you could be eligible for a Refund Advance loan. How long did it take everyone else to get their refund advance? (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes. Now that my return has been accepted and I am due my advance, I am told that I was in fact denied. No one is apparently able to do anything to help me. They (and other tax software Has anyone ever gotten a refund advance through Jackson Hewitt with a Treasury offset? Other I have an offset, but the amount is negligible in terms of the refund we're expecting, I can pay it, but not sure how long until it will clear the offset program, and I 1 The Early Tax Refund Advance (ETRA) is a loan secured by, and paid back with, your tax refund and is offered by Republic Bank & Trust Company, to eligible taxpayers that apply for a No Fee Tax Refund Advance from 12/12/24 to 1/12/25. I got the email that the irs accepted my return early today and I signed up for the turbo card and set up the account the night I filed. What happened if I receive a refund advance but my tax refund. Refund Advance is a loan based upon I also applied, pre-qualified for the loan and 48 hours after IRS acceptance I get an update in my turbo tax app starting my loan advance was denied. I did my taxes and trying to get a refund advance but when turbo tax brings me to credit karma they say they can't verify my identity. What you need to know about a TurboTax Refund Advance loan. I’ve gotten like Go to TurboTax r/TurboTax. TurboTax Online is designed Tax return was accepted, now have an open account with CK but no refund advancement. You'll just go on about life and wait for the deposit to hit like normal. Start by comparing different lenders and their terms. You can apply for an early tax refund loan from these providers. It will arrive the day of your DDD but not at 12am. . Members Online 3000 missing I was supposed to get around 12500 just from federal, I filed on Feb 1 finally got my money yesterday and only got around 9500 . If you did either or both advance or pay with your federal refund then you will not get it early. Have been just being patient since I am under the PATH Act but some unexpected expenses came up. Refund advance checks use a "soft" credit check if anything. You must completely fill out your tax return, including entering your tax forms (like a W-2 or a 1099), before you can apply for Refund Advance. For the status of your tax refund you will need to contact the third party processor, Santa Barbara Tax Product Group, using their website - https 1 Early Refund Advance: The Early Refund Advance (“ERA”) is a loan secured by and paid back with your tax refund and is offered by Republic Bank & Trust Company, Member FDIC, to eligible taxpayers that apply for a No Fee Refund Advance from 12/11/23-1/14/24. View solution in original post ‎June 4, 2019 3:07 PM. I confirmed through the app as I'm wondering if its even worth trying to obtain an advance. If you weren’t approved, you will receive an email from First Century Bank, N. I received the following email from [email address removed]: As a reminder, your Turbo℠ Visa® Debit Card, issued by Green Dot Bank¹, will arrive soon. Q&A. I have been doing taxes in turbo tax for 10 years now and have always got a refund advance when the irs accepts my return. ETRA loan amounts are determined by your expected Federal refund, less authorized fees and underwriting. I’m about to complain about Turbo Tax and Credit Karma with the BBB and my State’s AG. I made sure all of my information was the same on both sites. The ONLY incentive to use TurboTax this year was the refund advance, and had I not been told I was approved when I, in fact, was denied - I would NOT have filed with TurboTax. I never received an email stating why I wasn't approved. **HERE'S THE KINDA CREEPY INTRUSIVE PART: TurboTax activity info: Info about when you take certain actions in TurboTax (when you access TurboTax, whether you’re a new or returning TurboTax customer, whether you import your prior year tax info to help prepare this year’s return, when you choose a refund method, how and when you pay for An unofficial, civil, and helpful community to discuss filing your taxes with Intuit TurboTax. This is to the best of my understanding which is that you received the ERA loan before Christmas but went elsewhere to finish. The W2 I submitted was from unemployment. United States (English) United States (Spanish) Canada (English) Canada (French) TURBOTAX; Expert does your taxes An expert does your return, start to finish. 28 2022, Published 7:46 p. lweoo wpayd zyh azsgb tctkm xctk hixtjri dauvv gquhz hxjsx