![]() No, applying for a tax refund advance with Intuit TurboTax won’t affect your credit. ![]() Intuit TurboTax doesn’t list any additional documents you need to apply for the tax refund advance, though you’ll definitely need to have your W-2 and last year’s tax information to e-file your taxes through Intuit TurboTax. TurboTax offers its refund advances through First Century Bank, which might have additional eligibility requirements that are not listed. Not filing as a Connecticut, Illinois or North Carolina resident.You also need to meet the following requirements: To qualify for a tax refund advance from Intuit TurboTax, you must file your federal tax return through TurboTax by February 15, 2023. While TurboTax issues its refund on a Credit Karma Visa Debit Card, you can withdraw cash at no cost from its network of 19,000 ATMs. ![]() But you don’t have to pay this fee up front - you can have it taken out of your refund after the IRS processes it. The cost depends on whether you do it yourself or choose to file with a tax professional. However, you might need to pay a tax preparation fee to file through TurboTax. Intuit TurboTax doesn’t charge any interest on your refund advance. How much you’re able to receive is based on the size of your expected federal refund: Expected federal refund ![]() Once your refund is processed by the IRS, the rest of your funds will be deposited into a Credit Karma Money checking account - minus the advance you already received and your tax preparation fee. However, Intuit will also email you your temporary card information within 48 hours of being approved by the IRS. You’ll receive your advance on a prepaid debit card, the Credit Karma Visa Debit Card, which will be mailed to you within five to 10 business days. Rather than filling out a separate application, you can select a refund advance as your refund option when you e-file with TurboTax. All international money transfer services. ![]()
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