Asked by: Deisy Quagliarel
personal finance personal taxes

Can you apply for the Emerald advance online?

Last Updated: 8th May, 2020

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Approved applicants typically leave the office with the first draw already loaded to their Emerald Card. For additional details, visit the Emerald Advance website. Consumers can make an appointment to apply or locate a participating office online or by calling 800-HRBLOCK. H&R Block, Inc.

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Just so, what day does Emerald Advance start?

To ensure that you are using the Emerald Advance responsibly, between January 27 and February 15 of each year, the Emerald Advance will be subject to a resting period (the "Resting Period"). However, if January 27 falls on a Sunday, the start of the Resting Period will begin January 26.

Beside above, when can you get the advance from H&R Block? The Refund Advance is available in participating H&R Block offices beginning Jan. 4, 2020 through Feb. 29, 2020.

Likewise, can I get a tax advance online?

If you're receiving a federal refund, you could be eligible for a Refund Advance on a Turbo® Visa® Debit Card issued by GreenDot Bank, Member FDIC. If approved, you will receive temporary card info for online use within 48 hours of the IRS accepting your e-filed federal return.

How does Emerald Advance Work?

The H&R Block Emerald Advance® offers consumers the ability to repeatedly borrow and repay money, with one of the key benefits being that they pay only the interest charges on the amount borrowed. The maximum credit limit for individual applicants is determined by the bank after the application is approved.

Related Question Answers

Adrian Rabanal

Professional

Is H & R Block doing advances this year?

What you need to know about an H&R Block loan. H&R Block is a large tax preparation and tax software firm that offers refund advance loans at the beginning of tax season in five loan amounts: $250, $500, $750, $1,250 and $3,500. For the 2019 filing season, H&R Block will offer refund advance loans from Jan. 4 to Feb.

Earline Doxandabaratz

Professional

Can you borrow against your tax refund?

In some cases, you can get the money within 24 hours. The loan is secured by your expected tax refund, and the loan amount is deducted from your refund after it's issued. Tax refund loans, also called “refund advances,” may appeal to early filers who claim the Earned Income Tax Credit or Additional Child Tax Credit.

Dany Hfyr

Professional

What qualifies you for Emerald advance?

To apply for the Emerald Advance, clients must bring a current earnings statement (e.g., paystub), valid, unexpired government-issued photo identification (e.g., a driver's license) and their H&R Block Emerald Prepaid Mastercard® if they have one, to a participating H&R Block tax office.

Margaryta Landhus

Explainer

Does H and R Block give cash advance?

“A Refund Advance at H&R Block gives approved clients access to loan proceeds on the same day of filing —up to $3,500—so you don't have to wait on the IRS,” said Vinoo Vijay, chief marketing officer at H&R Block.

Boutayna Masters

Explainer

Does H & R Block give you your refund immediately?

H&R Block provides a rapid tax refund so you can get your money the same day you file your return. There is no waiting. If you qualify, H&R Block gives you a no-interest loan that will be paid back to them when the IRS sends your tax refund.

Ning Koeplin

Explainer

Can you borrow money from your tax return?

Yes, you can get a loan against your tax refund if a "tax advance refund" is offered by the tax preparation service that you choose. The tax preparation companies don't loan you the money directly. Once your tax refund is received, that amount or a portion of it goes to the bank to pay off the loan.

Wajid Willam

Pundit

Does H&R Block do advances?

Starting Jan. 4, consumers can apply at H&R Block (NYSE: HRB) for a Refund Advance Loan* of up to $3,000. “At H&R Block, we believe you shouldn't need to wait, or pay loan fees or interest, to get access to money faster than your tax refund will arrive.

Yessica Bandrowski

Pundit

Can you get an advance on your tax return?

A tax refund advance loan is an optional short term loan that you can apply for when filing your tax return with certain tax preparation companies. Refund advance loans can provide clients access to funds while they wait for their tax refund.

Gintaras Wolfsperger

Pundit

How much does H&R Block cost?

H&R Block tax professionals can guide and answer any questions about a specific consumer's price before the service begins. In most H&R Block tax offices, the price for a federal return starts at $59, and each state return is $59. The additional items, with unique prices, are matched to the consumer's life situation.

Ilarion Abando

Pundit

Does Liberty Tax do refund anticipation loans?

Liberty TaxLiberty Tax offers easy advance loans in the amount of $500 - $1,300 for tax payers who qualify. These loans are secured by your tax refund are available in the form of a check printed in the office, prepaid MasterCard or direct deposit.

Lautaro Jalilo

Pundit

Does TurboTax do cash advances?

It depends, TurboTax will begin offering an application for a cash advance (tax refund loan) in some returns. It will show in the interview to File, at the end of the return. The TurboTax FAQ below has up-to-date information about the offer and the process.

Birte Zschorn

Teacher

What bank does H & R Block use for tax refunds?

BofI Federal Bank is unable to pull up tax refund information on H&R Block customers. We recommend contacting H&R Block directly at (800)472-5625.

Indara Rangel

Teacher

How do I get a big tax refund?

Pay no more than you owe, or even increase your tax refund.

These strategies go beyond the obvious to give you tried-and-true ways to reduce your tax liability.
  1. Rethink your filing status.
  2. Embrace tax deductions.
  3. Maximize your IRA and HSA contributions.
  4. Remember, timing can boost your tax refund.
  5. Become tax credit savvy.

Jacint Oestereich

Teacher

Where can I get an advance on my tax refund?

Filers who want an advance on their refund can opt to receive a Turbo Prepaid Visa® Card with cash advance. You simply choose the cash advance option when you e-file your taxes and then fill out a loan application. (The refund advance loan is an offer from First Century Bank.)

Yamira Baurschmid

Teacher

How can I get a loan with poor credit?

How to Get a Loan with Bad Credit
  1. Gather Your Personal Information.
  2. Improve Your Credit Score.
  3. Talk with Your Bank or Credit Union.
  4. Prove You Can Pay the Loan Back.
  5. Shop Around for Lenders and Consider Loan Types.
  6. Types of Loans and Other Factors to Consider.
  7. Beware of Scams.
  8. The Bottom Line.

Jasone Painçal

Reviewer

How much does H&R Block charge for Rapid Refund?

H&R Block subtracts money from the anticipated refund in fees, including H&R Block's tax-preparation fee (which you cannot get a quote for ahead of time but can cost several hundred dollars), $34.95 for a federal RAC and $13 for a state RAC, and another $20 if you want the money in check form.

Graig Schuttelhofer

Reviewer

Does TurboTax do holiday loans?

It depends, TurboTax will begin offering an application for a cash advance (tax refund loan) in some returns. It will show in the interview to File, at the end of the return. The TurboTax FAQ below has up-to-date information about the offer and the process.

Mouhssine Ostariz

Reviewer

Nati Pelle

Reviewer

What do I need to bring to H&R Block?

Income source documents:
  1. W-2 – wages and salary.
  2. W-2G – gambling winnings.
  3. Form 1099-R – retirement income.
  4. Form 1099-INT – interest.
  5. Form 1099-DIV – dividends.
  6. Form 1099-MISC – miscellaneous income, including self-employment.
  7. Form 1099-G – government payments.
  8. Form 1099-SA – MSA or HSA distributions.