h&r block, income tax advance, taxes
2007-12-12 09:21:43 · 3 answers · asked by Hinga Dinga Dergen. 1 in Business & Finance ➔ Taxes ➔ United States
If you're talking about the line of credit that Block is offering from their subsidiary bank, there are several qualifications. Among other things you must have been a Block customer in at least one of the past 2 tax years. You must also have a recent pay stub that shows gross income of at least $10,000 for 2007. There are other qualifications but those are the principal ones. Go to Block's website for more details.
This is a line of credit, NOT an advance of any pending refund and is independent of your tax return. You must pay the money back yourself, it is NOT deducted from any refund that you may eventually be entitled to.
2007-12-12 10:26:16 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you consider the cost of getting an advance over waiting two weeks to have it deposited in your checking account you will realize that it is absolutely outrageous. The high pressure sales pitch is something you should avoid.
2007-12-12 17:46:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I think they will let just about anyone, as long as they can tell on your check stub that you will be getting money back. I also believe the limit is $500. that they will advance you, no matter how much you are getting back.
2007-12-12 18:02:09 · answer #3 · answered by Mindy 2 · 0⤊ 1⤋