How to get a holiday Tax Refund Advance loan

You could get up to $1,000 when you need it most: starting in December before the holiday rush! Then, when you come in to file your taxes in January, you could get more, up to $3,500. All totaled, that’s up to $4,500 before the IRS starts sending out refunds in 2023. Here’s what you need to know.

What is a Tax Refund Advance loan? 

Tax Refund Advance loans are an opportunity to get money that you’re entitled to from your tax refund before you get the actual tax refund*. Sometimes the IRS can take weeks to send out your refund and life happens. You may need access to money you’re owed now, instead of later. At Jackson Hewitt, we recognize that problem and want to be your solution. With a Refund Advance, you can have money when you need it most and within a matter of minutes after you’re approved for a Tax Refund Advance loan.

Can I get my Tax Refund Advance loan in time for the holidays? 

Yes, you could get a Tax Refund Advance loan in December in time for Christmas and holiday shopping, and you could get even more money in January.

Stop into your local Jackson Hewitt office and, all totaled, you could get up to $4,500 before the IRS begins processing tax returns. First, you could get up to $1,000 in minutes, starting December 13 (Finance Charge applies). No one else offers a tax Refund Advance loan this big, this early! The Early Refund Advance loan could help cover the cost of your holiday shopping. Then, in January, when you come back to file your taxes, you could get up to $3,500. This can make a big difference if you can’t wait until your tax refund arrives a few weeks later. For many, the extra help now will help get 2023 off to a good start.

How do I get an Early Refund Advance loan in time for the holidays?

It’s simple! 

First, starting December 13, 2022, bring your most recent paystub to a Jackson Hewitt location and you could get money in time for Christmas. A Tax Pro will do much of your tax return to estimate the size of your tax refund and help you to apply for an Early Refund Advance loan which requires applying for the NFRA.

If you’re approved, you can get money, up to $1,000, without waiting for your tax refund—typically within minutes on a prepaid card or you can get the money directly deposited to your bank account soon after within 1-5 days.

And there’s more. Up to $3,500 more! As soon as you get your 2022 W-2 and other tax documents together in January, come back to Jackson Hewitt to complete your tax filing. If you’re approved, you can also receive a No Fee Refund Advance loan—which can be up to $3,500.

Lastly, when your tax refund arrives from the IRS, your Refund Advance loan money, and any applicable finance charge, will be automatically paid back with your tax refund.

How much could I get from an Early Refund Advance loan for the holidays?

There are three tiers for those who qualify: 

$300

$500

$1,000

That’s right, while you can't get your tax refund before the IRS starts processing refunds next year, you could get money early, up to $1,000 before the holidays. And, don’t forget to come back in January for any remaining amount of your expected tax refund, up to $3,500.

A Finance Charge applies to Early Refund Advance. Click here for details, terms, and conditions.

When is Jackson Hewitt doing holiday loans? 

Great news! To have money before the holidays, you can apply for an Early Refund Advance loan starting December 13, 2022 through January 15, 2023 at your local Jackson Hewitt location. Then to start the year off right, you can apply for more, a No Fee Refund Advance loan, when you file your taxes (January 2, 2023 through February 19, 2023). Find your nearest location here.

Why wait for your tax refund from the IRS? You could get an advance on the money you’re owed fast, just when you need it most: for the holidays! Schedule an appointment today with a Tax Pro near you.

Early Refund Advance available to individuals who apply for a No Fee Refund Advance. No Fee Refund Advance application requires filing your taxes with Jackson Hewitt beginning January 2nd. The full $4,500 loan amount is only available to applicants with an expected Federal refund less authorized fees of at least $4,600 who are approved for the maximum amount from each of the Early Refund Advance loan (up to $1000 from 12/12/22–1/15/23) and the No Fee Refund Advance loan (up to $3500 from 1/2/23–2/19/23).  

The Early Refund Advance loan (“ERA”) and No Fee Refund Advance loan (“NFRA”) are optional tax refund related loans (not the actual tax refund secured by and paid back with your tax refund. The loans are provided by Republic Bank & Trust Company, Member FDIC, to eligible taxpayers at participating locations for a limited time. Loan amounts are determined by your expected Federal refund less authorized fees and underwriting. The amount of the loan(s) and applicable Finance Charges will be deducted from your tax refund and reduce the amount that is disbursed directly to you. Tax returns may be filed electronically without applying for either loan. Loans subject to underwriting and approval. Loan proceeds available within 24 hours of approval if disbursed on a prepaid card or in 1-5 business days with direct deposit. Jackson Hewitt is a Rhode Island Licensed Loan Broker and holds other relevant licenses for the locations where these products are offered. Most offices are independently owned and operated. Finance Charges are not applicable in all locations. Terms and restrictions apply. Ask a tax pro for more info about the cost and timing of all filing and product options.  

ERA: To be eligible for the $1,000 ERA, your expected Federal refund less authorized fees must be at least $2,600 and you must also apply for a NFRA between 12/12/22-1/15/23. If approved, loan amounts are $300, $500, and $1,000 with a Finance Charge. Most approved applicants get $500. NFRA: To be eligible for the $3,500 NFRA, your expected Federal refund less authorized fees must be at least $3,600. Loan amounts are $500, $750, $1,000, $1,500, $2,500 and $3,500, with most approved applicants getting $1,500. The NFRA has no fee but requires filing your taxes with Jackson Hewitt. Available from 1/2/23 through 2/19/23.