Refund Anticipation Loan

Refund Anticipation Loan A Refund Anticipation Loan allows the taxpayer to apply for a bank loan against the anticipated refund. Taxpayer Benefits*: Immediate access to your funds. Pick up a check within hours in our office. No out-of-pocket expenses; all fees are deducted from the loan. * Assuming IRS and bank approval of your tax return. Bring your Social Security Card and other form of identification: Driver’s license State or local I.D. Military I.D. U.S. Passport Resident alien I.D.

Refund Anticipation Loan Criteria By applying for a R.A.L., the client is certifying that he/she: Does not owe any delinquent tax. Has not already filed a tax return. Does not owe delinquent child support or alimony. Does not owe delinquent student loans, VA loans or other federally sponsored loans. Is not presently filing or anticipate filing bankruptcy. Has not had a R.A.L. that was discharged in bankruptcy. Did not pay estimated tax or have a portion of the refund from a prior year applied to the current year’s tax.