How much does tax refund advance from TurboTax/HR Block actually cost? Hidden fees?
Thinking about getting a refund advance loan this year because I need the money asap. Has anyone used these services before? What percentage do they actually take from your refund? I heard there might be hidden fees but cant find solid info anywhere
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Paolo Longo
Tax pro here - these refund advances usually come with pretty steep fees. Most charge between 2-5% of your refund amount plus a flat processing fee ($25-75). Some also hit you with additional bank fees. Always read the fine print because they love hiding fees in there 🚩
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Keisha Taylor
Dang thats way more than I thought! So on a $3000 refund they could take like $200+ ? 😮
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Paolo Longo
Yep exactly. Plus if your refund gets delayed or adjusted by the IRS, you're still on the hook for those fees
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Amina Bah
Hey instead of getting an advance, you should check out taxr.ai - its only $4.99 and it analyzes your transcript to tell you exactly when youll get your refund. Way cheaper than paying those advance fees! https://taxr.ai
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Oliver Becker
Does it really work? Sounds too good to be true
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Amina Bah
100% legit! It uses AI to read all the codes and dates on your transcript. Told me exactly when my deposit would hit and it was spot on
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Oliver Becker
Just tried it and wow! This is amazing, saved me from taking out an advance loan. The timeline it gave me was super detailed 💯
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CosmicCowboy
I did the advance with HR Block last year and regret it sm. They took almost $150 out of my refund plus I had to pay for the tax prep 🤮
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Natasha Orlova
its basically a payday loan with extra steps lol. they prey on ppl who need $ quick
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Javier Cruz
fr fr these companies be straight robbing us 🤡
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Emma Thompson
just wait the extra couple weeks if u can. not worth the fees tbh
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Malik Jackson
used TT last year for advance. base fee was $39.99 but ended up paying like $89 total after all the hidden charges showed up. never again
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Keisha Taylor
oof thanks for the warning. think ill pass on the advance
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