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R
Rriikula
February 11, 2025
Question

advance

  • February 11, 2025
  • 1 reply
  • 0 views

ive filed my return already and it has been accepted and says im signed up to receive it 5 days early. is it possible to still apply for and receive an advance?

    1 reply

    N
    NicolleR1
    February 11, 2025

    If you have already transmitted your return and it has been accepted by the IRS you wont be able to switch to the Refund Advance Loan. Also, keep in mind that the 5-day rule applies when the IRS has processed and approved your refund and a date for direct deposit has been given. For example, if you go on the IRS website and the Direct Deposit is "scheduled" for "February 27th", that's when TurboTax 5 Days Early Option kicks in; it is not based on an assumption of when it might be ready, but rather on the actual date provided by the IRS. 

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