TurboTax acceptance & advance deposit confirmed - filed yesterday
Filed my taxes yesterday morning with TurboTax and already got the acceptance notification and my refund advance hit my account! Never had it this fast before, thought Id share in case anyone else is waiting.
13 comments
Carmen Diaz
Tax pro here - this is actually pretty common with TurboTax advances. Just remember this isn't your actual IRS refund, it's a loan against your expected refund. Your actual refund will still take 21 days or longer to process through the IRS systems.
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Yuki Tanaka
oh fr? didnt know that... so when the real refund comes does it go to turbotax first to pay back the advance? ๐ค
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Carmen Diaz
Exactly! TurboTax will take their advance amount first, then send you the remaining balance. Keep an eye on your transcript to track the real refund.
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Andre Laurent
Hey everyone, if you want to actually understand whats happening with your refund, check out taxr.ai - its only $4.99 and gives you a complete breakdown of your transcript and exactly when youll get paid. way better than guessing or asking reddit tbh https://taxr.ai
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AstroAce
sounds interesting... does it actually work? like how accurate is it?
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Andre Laurent
its crazy accurate! it uses AI to analyze every code and date on your transcript and tells you exactly whats happening. saved me hours of googling fr fr
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AstroAce
just tried it and holy cow ๐คฏ it knew exactly why my refund was delayed and when itll hit. best 5 bucks i ever spent no ๐งข
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Zoe Kyriakidou
lucky you ๐ญ ive been waiting since last february for my 2022 return smh
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Jamal Brown
The advance hit that fast because its not actually from the IRS its from TT themselves. They make bank on the interest from these advances ๐
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Mei Zhang
facts! they charging like 36% APR on those advances too ๐คฎ
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Liam McConnell
dont spend it all in one place lol. but srsly congrats on getting it fast
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Amara Oluwaseyi
Anyone know if H&R Block does advances this fast too?
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CosmicCaptain
yea they do but their fees are higher imo
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