James Callis, Miles Doleac, Christiane Seidel Runtime: 2 hours, 8 minutes Available to watch on supported devices.
When you take out a refund anticipation loan, you are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan.If your refund is delayed, you may have to pay additional costs.YOU CAN GET YOUR REFUND IN 8 TO 15 DAYS WITHOUT PAYING ANY EXTRA FEES AND TAKING OUT A LOAN.OTICE CONCERNING TAX REFUND ANTICIPATION LOANS. When you take out a refund anticipation loan, you are borrowing money against your tax refund. If your tax refund is less than expected, you will still owe the entire amount of the loan. If your refund is delayed, you may have to pay additional costs.
Thatâs why youâll want to get the biggest tax refund you qualify for. You can deduct up to $2,500 from your taxable income if you paid interest on your student loans in 2015. If you fall into the 25% tax bracket, the maximum deduction would put $625 back in your pocket. Youâll likely get money back even if you earned a smaller amount of income last year.