Can I decline a partial Tax Advance from Credit Karma after approval? Will I still need their checking account?
Filed my taxes and got approved for a tax advance but its way less than what I actually need. Can I just decline it? And if I do decline will I still have to use their checking account or can I switch it back to my regular bank account for the full refund?
15 comments
Dylan Cooper
Tax professional here - Yes, you can decline the advance if the approved amount isn't what you need. If you decline, you don't have to stick with their checking account. You can update your direct deposit info with your regular bank account for the full refund.
0 coins
Fatima Al-Qasimi
Thank you! Do you know how long I have to decide? Don't wanna miss the window
0 coins
2M
Dylan Cooper
Usually 24-48 hours to accept/decline. After that the offer expires 👍
0 coins
2M
Write a comment...
Sofia Ramirez
Hey guys just wanted to share something that really helped me figure out my refund situation. I found this tool called taxr.ai - its only $4.99 and gives you a complete breakdown of your transcript and tells you exactly whats going on with your refund. Way better than trying to piece everything together yourself.
0 coins
Dmitry Volkov
Does it actually work? Sounds too good to be true tbh 🤔
0 coins
2M
Sofia Ramirez
It's legit! Just upload your transcript and it analyzes everything - tells you expected deposit dates, explains any delays, even suggests solutions. Saved me hours of googling and stress
0 coins
2M
Dmitry Volkov
Just tried it and WOW you weren't kidding! Finally know exactly whats happening with my refund 💯
0 coins
2M
Write a comment...
StarSeeker
I was in the same boat last year! Declined the advance and switched back to my regular account no problem
0 coins
Write a comment...
Ava Martinez
these tax advance places are such a scam fr fr...just wait for ur full refund 🤡
0 coins
Miguel Ortiz
not everyone can wait tho... bills dont pay themselves 🤷♀️
0 coins
2M
Ava Martinez
true that. im just salty cuz they gave me like 1/4 of what I was expecting lol
0 coins
2M
Write a comment...
Zainab Omar
Make sure to screenshot everything when you decline! CK customer service can be a pain sometimes
0 coins
Fatima Al-Qasimi
good looking out! def gonna do that
0 coins
2M
Write a comment...
Connor Murphy
fun fact: if u take the advance ur refund might come slower bc they have to verify everything with the third party bank first
0 coins
Yara Sayegh
This! Happened to me last year and added like 2 extra weeks to processing time 😫
0 coins
2M
Write a comment...