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January 23, 2020
Question

Since there is a hold for earned income tax credit, will that effect my advance on my refund and if so how will the hold effect my advance on my refund?

  • January 23, 2020
  • 1 reply
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January 25, 2020

It is possible to be approved when claiming the Earned Income Tax Credit.  If you are not approved for the Refund Advance, it may be because:

 

  • Your federal refund was not $500 or more.
  • You did not agree to all the Refund Advance terms and conditions.
  • You owed the U.S. Government or your State.
  • You had debt enforced by a State such as, but not limited to, child support obligations, past student loans, tax liens, and any other payments owed to a Federal or State agency.
  • You did not pass the lender’s final evaluation. Subject to review of third-party information.

To learn more about applying for the Refund Advance, read the following TurboTax FAQ:  About the Refund Advance application process.

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