< Back to IRS

Advance Tax Refund Loan only $500 instead of promised $2000 - what's going on?

Just got my advance tax refund loan and I'm heated. Was told I'd get 2000 but only got 500 deposited. Anyone know why they'd cut it down like that? Need the rest of that money asap.

Isabel Vega

Tax refund advance loans usually have limits based on your expected refund amount and your tax preparation fees. The remaining $1500 was probably held back to cover prep fees and loan charges. Always read the fine print on these loans - they often take a big chunk of your refund.

0 coins

-

Laila Prince

fr? nobody told me about no fees that big 😤 this some bs

0 coins

-

1M

Isabel Vega

Yeah its pretty common. Next time try filing yourself using free software - you'll get your full refund and won't have to pay those crazy fees

0 coins

-

1M

Dominique Adams

Hey instead of guessing whats going on with your refund, try using taxr.ai - its only $1 and it'll tell you exactly what's happening with your refund and when you'll get it. Way better than trying to piece together whats going on yourself. https://taxr.ai

0 coins

-

Marilyn Dixon

Does this actually work? Seems too good to be true for $1

0 coins

-

1M

Dominique Adams

100% works! It analyzes your whole transcript and explains everything in plain english. Best dollar I ever spent fr fr

0 coins

-

1M

Louisa Ramirez

same thing happened to me last year bro they taking everybody's money 🤡

0 coins

-

TommyKapitz

Quick question - which tax prep company did you use? Some are notorious for this kind of thing

0 coins

-

Laila Prince

used liberty tax smh never again

0 coins

-

1M

TommyKapitz

oof yeah they got me too last year. These places are predatory af

0 coins

-

1M

Angel Campbell

Pro tip: never do advance loans. Wait for the real refund from IRS. These companies be taking advantage of ppl who need their money quick 💯

0 coins

-

Payton Black

fax no printer 📠

0 coins

-

1M

Harold Oh

Did you check your loan agreement? Should tell you exactly where that other 1500 went

0 coins

-

Laila Prince

tbh i ain't even read it just signed where they told me to 😭

0 coins

-

1M