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January 14, 2025
Question

If I received a refund advance loan, for the max amount, last year does anyone know why I would be denied this year? Info and refund amt are same as previous year also.

  • January 14, 2025
  • 1 reply
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Thanks and have a wonderful day!!

    1 reply

    Employee
    January 14, 2025

    No one in the user forum is involved with the advance -- we have no control and cannot see your information.   We can give you a link to the information, and some of the eligibility criteria.

     

    https://turbotax.intuit.com/refund-advance/

     

     

    Refund Advance eligibility

    Here are some of the eligibility requirements to qualify for a Refund Advance loan:

    • You’re 18 or older
    • Your expected federal refund amount is $500 or more
    • 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. Your address must be located in one of the eligible states and can’t be a PO box or prison address
    • You’re not filing one of these tax forms: 1310, 4852, 4684, 4868, 1040SS, 1040PR, 1040X, 8888, or 8862
    • You aren’t filing on behalf of a deceased taxpayer
    • You must report income on a Form W-2, 1099-R, or Sched C
    • You must open or have an existing Credit Karma MoneyTM checking account1.
    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**