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February 3, 2022
Question

Were you approved for a larger dollar amount then your pre-approval amount for the refund advance for 2021 taxes?

  • February 3, 2022
  • 1 reply
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1 reply

February 3, 2022

Yes, you can be approved for more than the pre-approval amount. The loan is equal to a portion of your anticipated refund in one of ten amounts: $250, $500, $750, $1,000, $1,500, $2,000, $2,500, $3,000, $3,500, $4,000. The amount is based on a portion of your anticipated federal refund to a maximum of 50% of that refund amount (minus any stimulus payment credit, also known as Recovery Rebate Credit). 

 

Please see this TurboTax FAQ for more information, Offer details and disclosures for the Refund Advance program

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