Early Tax Refund Advance loan: Holiday tax loans

Key takeaways:

• Apply for an advance on your tax refund right in time for the holidays with An Early Tax Refund Advance Loan.¹
• If approved, you could get up to $1,500 with an Early Tax Refund Advance loan from December 16, 2024, to January 12, 2025.
• To apply for an Early Tax Refund Advance loan, book an appointment with a Tax Pro or stop by one of our more than 5,200 local offices (including more than 2,500 Walmart locations) across the U.S. with your most recent paystub(s).
• Get a loan the same day as approval for a holiday tax advance loan on a prepaid card with our Money Today Guarantee.²
• You do not have to pay anything upfront to apply for a tax refund loan for Christmas with Jackson Hewitt.
• Applying for an Early Tax Refund Advance loan will not impact your credit score, and you may get approved even if you have poor credit history.
• To apply for an Early Tax Refund Advance loan, you’ll need your most recent paystub(s), government-issued ID, and Social Security cards for each individual filing and anyone you plan to claim on your return.

What is an Early Refund Advance loan?

An Early Tax Refund Advance loan is an advance based on your tax refund early enough for the holidays. From gifts and decorations to parties and feasts, the holidays can really add up. If approved for an Early Refund Tax Advance loan, you could have more holiday spending money fast.

The Early Tax Refund Advance loan could give you access to your money before you even file your tax return. And the only thing you need to apply is your paystub(s), government-issued ID, and Social Security card!

Does Jackson Hewitt offer a holiday tax loan?

We offer an Early Tax Refund Advance loan, which is an advance based on your tax refund before you file, and in time for the holidays.

When can I get a tax refund advance loan early?

If approved, you can get holiday money from your tax refund advance loan as early as December 16, 2024. Best of all, we have a Money Today Guarantee.² That means that, if you choose to get your money on a prepaid card, you’ll get it the same day you’re approved for a holiday tax advance loan based on your tax refund. Only Jackson Hewitt has the Money Today Guarantee, so hurry in!

How much money can I get from the Early Tax Refund Advance loan?

With an Early Tax Refund Advance loan, you could qualify for up to $1,500 from December 16, 2024, to January 12, 2025. That’s money you could use to make your holidays merrier and brighter, and all you need to apply is your latest paystub(s), ID, and Social Security card.

When you come in to apply for an Early Refund Tax Advance loan, you will also start an application for a No Fee Tax Refund Advance loan.³ If approved, you could get up to $3,500 between January 2, 2025, and February 16, 2025.

To finish your application for a No Fee Tax Refund Advance loan, just come back to file your tax return with all your necessary tax documents. You won’t even pay a Finance Charge for a No Fee Refund Advance loan. No fee, no interest.

How do I apply for an Early Tax Refund Advance loan?

To apply for an Early Tax Refund Advance loan, book an appointment with a Tax Pro or stop by one of our more than 5,200 local offices (including more than 2,500 Walmart) across the U.S. between December 16, 2024, and January 12, 2024. Appointments go quickly, so don’t wait to schedule a time that works for you!

Make sure that you bring in your most recent paystub(s) when you come in to apply. Your Jackson Hewitt Tax Pro will need them to estimate the size of your tax refund and help you apply for an Early Tax Refund Advance loan.

If approved, you can get money fast. That means you could receive the Early Tax Refund Advance loan before your W-2s, or other tax documents, arrive in January.

How do I get my Early Tax Refund Advance loan money fast?

We believe you shouldn’t wait weeks for the money you need today for you and your family. That’s why we offer a Money Today Guarantee for people who are approved for a tax refund advance loan and take the money on a prepaid card. Upon approval, we guarantee that you’ll get your money on the same day if you choose to get it on a prepaid card.² If you choose to get your money via direct deposit, you can expect to get it in one to five business days.

Do I have to pay anything upfront?

It’s important to note that there is a Finance Charge (see the chart below to learn more), however, you do not have to pay anything upfront to apply for a tax advance loan for Christmas with Jackson Hewitt.

Jackson Hewitt makes it easy to repay your loan by arranging to have your refund loan amount, finance charge, and other fees come right out of your tax refund when the IRS sends it.

How do I find a participating location that is offering Tax Refund Advance loans and book an appointment?

You can find Jackson Hewitt Tax Pros to help you apply for an Early Tax Refund Advance loan in thousands of independent offices and Walmart locations across the country. Search for your nearest open location. Book your appointment online or call a local office directly.

How much does a tax refund advance loan cost?

It’s free to apply for a holiday tax refund advance loan. Though some tax companies that offer money this early charge application fees, Jackson Hewitt does not.

Keep in mind that there is a Finance Charge, for the Early Tax Refund Advance loan (take a look at the chart below for more information). However, the No Fee Tax Refund Advance loan, available in January once you file, gives you access to your money early with no fees, interest, or Finance Charge.

Early Tax Refund Advance loan: Money in time for the holiday

December 16, 2024 – January 12, 2025

How long will it take to get my Early Tax Refund Advance loan?

You will get your Early Tax Refund Advance loan the same day you’re approved, if you choose to get your money on a prepaid card. Only Jackson Hewitt offers a Money Today Guarantee.

If approved, and you choose to get your money via direct deposit, you can expect to get it in one to five business days.

Waiting for the IRS to send your refund means waiting until at least January to get your W-2 and/or other tax documents and file your tax return. Even then, it takes time for the IRS to process and send out your refund.

If approved for an Early Tax Refund Advance loan and our Money Today Guarantee, you could get the holiday money you need when you need it most! Find a local Jackson Hewitt Tax Pro near you today.  We are here to answer any questions you may have during the holidays, this tax season, and year-round.

Will applying for an Early Tax Refund Advance loan impact my credit score?

No, applying for an Early Tax Refund Advance loan will not impact your credit score. Better yet, you do not need to have a high credit score to apply. We have high approval rates, and you may get approved for a Tax Refund Advance loan, even if you don’t have a good credit history.

Documents needed for an Early Tax Refund Advance loan

The only documents you’ll need to apply for an Early Tax Refund Advance loan are your most recent paystub(s), your government-issued ID, and Social Security cards for each individual filing and anyone you plan to claim on your return. This will allow a Jackson Hewitt Tax Pro to estimate your tax refund.

When you get your W-2 and/or other tax documents, come back in to file between January 2, 2025, and February 16, 2025, to get a No Fee Tax Refund Advance Loan.

Want up to $1,500 in holiday shopping money? Book your appointment today to apply for an Early Tax Refund Advance loan!

Product Disclosures

 Early Tax Refund Advance is available to individuals who apply for a No Fee Tax Refund Advance (NFTRA). NFTRA application requires filing your taxes with Jackson Hewitt beginning January 2, 2025.

¹ The Early Tax Refund Advance (ETRA) is a loan secured by, and paid back with, your tax refund and is offered by Republic Bank & Trust Company, to eligible taxpayers that apply for a No Fee Tax Refund Advance from 12/12/24 to 1/12/25. ETRA loan amounts are determined by your expected Federal refund, less authorized fees and underwriting. If approved for an ETRA, a Finance Charge will apply. Loan amounts available are $100, $300, $500, $1,000, and $1,500. To be eligible for the $1,500 ETRA, your expected Federal refund, less authorized fees, must be at least $4,600, and most approved applicants get $300. ETRA is subject to underwriting and approval. Loan proceeds are typically available within the same day of approval, if disbursed on a prepaid card offered at Jackson Hewitt offices, or in 1-5 business days with direct deposit. Terms and restrictions apply. Ask a Tax Pro for more info about the cost and timing of all filing and product options. Jackson Hewitt is a Rhode Island Licensed Loan Broker and holds other relevant licenses for the locations where this product is offered. Finance Charges are not applicable in CT and NE.

² The Money Today Guarantee is only available to clients who (i) are approved for a Tax Refund Advance loan; (ii) elect and are eligible to receive loan funds on a prepaid card offered at Jackson Hewitt offices. Loan application must be submitted by 11pm local time. If funds are not credited to your card before 12am local time, Jackson Hewitt will credit $50 within 2 weeks to your card if available or provide you a $50 eGift card. Fees, terms, and conditions apply to the prepaid card. More details at JacksonHewitt.com.

³ The No Fee Tax Refund Advance (NFTRA) is a loan secured by, and paid back with, your tax refund and is offered by Republic Bank & Trust Company, to eligible taxpayers. NFTRA Loan amounts are determined by your expected Federal refund, less authorized fees and underwriting. Requires filing your taxes with Jackson Hewitt. Available 1/2/25 through 2/16/25. Loan amounts available are $250, $500, $750, $1000, $1,500, $2,500, $3,000, and $3,500. To be eligible for the $3,500 NFRA, your expected Federal refund less authorized fees must be at least $3600, and most approved applicants get $500. No loan fee applies. Loan proceeds available within the same day of approval, if disbursed on a prepaid card offered at Jackson Hewitt offices, or in 1-5 business days with direct deposit. Terms and restrictions apply. Ask a Tax Pro for more info about the cost and timing of all filing and product options.

About the Author

Mark Steber is Senior Vice President and Chief Tax Information Officer for Jackson Hewitt. With over 30 years of experience, he oversees tax service delivery, quality assurance and tax law adherence. Mark is Jackson Hewitt’s national spokesperson and liaison to the Internal Revenue Service and other government authorities. He is a Certified Public Accountant (CPA), holds registrations in Alabama and Georgia, and is an expert on consumer income taxes including electronic tax and tax data protection.

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