Get up to $1,500 with an Early Tax Refund Advance loan

Jackson Hewitt offers an Early Tax Refund Advance loan which could provide you cash in case of emergency.

The Early Tax Refund Advance will be available at select locations starting December 16, 2024 until January 12, 2025.

No Fee Tax Refund Advance will be available starting January 2, 2025 at most locations until February 16, 2025. 

The Early Tax Refund Advance is a convenient way for you to apply for a loan for the holiday season which will be paid back by your tax refund.  An Early Tax Refund Advance is a loan with a 35.96% Estimated Annual Percentage Rate (APR). So, unlike other Tax Refund Advance loans, this is a way to access money before your W-2(s) is available in January (or later). 

If you apply for and receive an Early Tax Refund Advance loan, you are also required to apply for No Fee Tax Refund Advance loan. To complete your No Fee Tax Refund Advance application, you must file your taxes with your W-2(s) and other tax documents by Feb 16, 2025.

It depends on the amount of the Tax Refund Advance loan you get.

The Early Tax Refund Advance Loan has a 35.96% Estimated Annual Percentage Rate (APR). It is available starting on December 16, 2024 until January 12, 2025. Outlined below are representative examples of available credit terms for the Early Tax Refund Advance Loan.

The amount of the loan and any interest is deducted from your tax refund reducing the amount paid to you.

No Fee Tax Refund Advance Loans are offered with no loan fee. Loan amounts are between $250 – $3,500. The loan amount is automatically deducted from your tax refund with the remaining refund amount paid to you. No Fee Tax Refund Advance Loans are available after you have filed your tax return starting on January 2, 2025 through February 16, 2025.

The amount you owe is deducted directly from your tax refund. If your tax refunds are insufficient to pay your loan in full, tax refunds from returns filed in the following tax year with Jackson Hewitt may be applied to repay the outstanding loan balance, if applicable.

In tax season 2025

• Early Tax Refund Advance loan sizes are $100, $300, $500, $1,000, and $1,500 for qualifying clients.
• No Fee Tax Refund Advance loan sizes are $250, $500, $750, $1,000, $1,500, $2,500, $3,000, and $3,500 for qualifying clients.

The Early Tax Refund Advance and No Fee Tax Refund Advance loan options will be available at most participating Jackson Hewitt storefronts and all participating Walmarts.

Loans may be disbursed via direct deposit to a bank account of your choice, or a Serve^® American Express^® Prepaid Card.

If you are approved for a Tax Refund Advance loan and choose to have it disbursed via a Jackson Hewitt provided prepaid card, you will receive the loan the same day with our Money Today Guarantee – and probably within minutes of being approved ; or, if you choose Direct Deposit, you will receive the loan amount within one to five business days.

Early Tax Refund Advance Loans are based on the estimated tax refund size. We’ll only need your most recent pay stub(s), and a government issued ID for any spouse/dependents that will be on your tax return to determine the estimate and submit your application. Any additional tax documents and proof of other income you can bring will help us more accurately estimate your refund.

If you apply for and receive an Early Tax Refund Advance loan, you are also required to apply for a No Fee Tax Refund Advance loan application. To complete your Tax Refund Advance loan application, you will need your W-2(s) and other tax documents so we can file your tax return.

No. Republic Bank does what is called a “soft credit pull”, which does not impact your credit score.

Clients can be approved for a Tax Refund Advance loan even if they do not have a credit history or if they have been denied credit from other institutions in the past. Loan approval is subject to Republic Bank & Trust Company’s underwriting criteria that is based in part on the size of the client’s tax refund.

When you apply for a Tax Refund Advance loan, underwriting is performed by Republic Bank & Trust Company They consider criteria such as:

• Identity verification 
• Payment history with the IRS 
• Status of education loans, child support, tax liens, etc.

If you qualify for an Early Tax Refund Advance, you could get up to $1,500 as early as December 16, 2024. No Fee Tax Refund Advance is available to qualified applicants starting January 2, 2025.

Eventually you’ll need your W-2(s) when it’s time to file, but to apply for an Early Tax Refund Advance, all you need is your pay stub(s) to start. In December, you can bring your latest pay stub to your appointment and see if you qualify to apply for an Early Tax Refund Advance of up to $1,500. In January, you can provide your W-2(s) and other tax documents to complete filing your taxes and apply for a Tax Refund Advance loan until February 16, 2025.

You can apply for an Early Tax Refund Advance loan by bringing in your latest pay stub(s) from all employers and any unemployment documents so we can most accurately estimate your expected tax refund and determine if you are eligible to apply for a loan.

Yes! Drop off and Go is a service we offer so that you can leave your tax documents with your Tax Pro, and they can do most of the work without you waiting. If you’d like to apply for a Refund Advance, just make sure to tell your Tax Pro so they can have you sign all necessary bank documents when you drop off your tax documents.