Need your refund faster? Here’s how a tax refund advance works and how you can qualify:
- What Is a Refund Advance?: It’s a loan based on your expected tax refund. You get money upfront, and when your refund arrives, it repays the advance.
- How to Qualify:
- File your taxes through a provider that offers refund advances.
- Ensure your expected refund is high enough to cover the advance.
- Provide all required documentation for accurate filing.
- When Do You Get the Money?: In most cases, you’ll receive your advance within 24–48 hours after approval.
Tip: Refund advances are helpful if you need funds quickly, but they’re not free—be sure to understand any fees involved.
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