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While the amounts available vary by company, the refund advance amounts go as high as $4,000. The lowest available loans are $250 without interest or fees. These lower amounts tend not to carry ...
Liberty Tax Easy Advance loans are offered by Republic Bank & Trust in amounts ranging from $500 to $6,250. You must have your taxes prepared in person to qualify. The funds, less a finance charge ...
Use of tax-time financial products, such as refund anticipation loans, in 2016. Refund anticipation loan ( RAL) is a short-term consumer loan in the United States provided by a third party against an expected tax refund for the duration it takes the tax authority to pay the refund. The loan term was usually about two to three weeks, related to ...
Some tax preparers offer 0% interest refund loans, but they do charge fees for preparing your taxes. Consider all costs before agreeing to a loan. Know what factors can affect the anticipated ...
Instant Tax Service. Instant Tax Service was, until a federal court ordered its closure as part of a fraud lawsuit, based out of Dayton, Ohio, and specialized in tax preparation, electronic filing, and refund anticipation loan services. Founded in 2000 by Fesum Ogbazion, the company was the second venture for Ogbazion, who cut his teeth in the ...
Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero.
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