![]() How To Apply Tax Refund Advance with TurboTax?Īpplying for an advance refund TurboTax requires you to first e-file your federal taxes using TurboTax. You need to report your income on a Form W-2, 1099-R, Sched C, or Sched CEZ.You aren’t filing the taxes on behalf of a deceased taxpayer.The address should be on the list of eligible states and not a PO box or prison’s address.Your mailing address is mentioned on the tax return.You must e-file your federal taxes using TurboTax.You aren’t a resident of Connecticut, Illinois, or North Carolina.To be eligible for TurboTax early refund advance, you need to meet the below-mentioned criteria: Eligibility Criteria For Advance Tax Refund: Once you raise a request for TurboTax advance refund and the request is approved, the eligible loan amount along with a deduction of any applicable fees will be deposited to your TurboTax Prepaid Visa Card. To be eligible for this, you must use TurboTax to e-file your tax returns. TurboTax tax refund advance is a useful feature that allows you to avail a refund advance in the form of a loan. In addition, there are many other useful features of TurboTax which most of the users are still unaware of.Ĭarefully read this webpage to get answers to some of the most common queries related to TurboTax refund advance and keep yourself prepared for availing all the required benefits of TurboTax for the days to come. Depending on your expected federal tax refund, the amount of TurboTax refund advance ranges from $250 to $2,000. Besides, it offers you an excellent opportunity to avail no-interest refund advance loans before the initiation of the tax season. That said, you don’t have to visit the Income Tax office and stand in long queues waiting for your turn to file the state or federal taxes. TurboTax is one of the leading tax preparation software programs in the US that allows you to e-file your taxes online.
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