02/20/2026
๐ฐ๐ฅ๐๐๐จ๐ก๐ ๐๐๐ฉ๐๐ก๐๐ ๐๐๐ค โ ๐ฃ๐๐๐๐ฆ๐ ๐ฅ๐๐๐
To prevent confusion and repeated calls, please review the information below before your deposit date.
If you received a refund advance, your refund will ๐ก๐ข๐ง deposit in full.
Hereโs why:
If you received an advance, the following are deducted from your refund before deposit:
โข The full advance amount
โข Interest or finance charges
โข Tax preparation fees
You will only receive the remaining balance after those amounts are paid.
๐๐
๐ฎ๐บ๐ฝ๐น๐ฒ:
If your refund is $8,000 and you received a $7,000 advance:
$8,000 refund
โ $7,000 advance repayment
โ Interest/finance charges
โ Tax preparation fees
Your deposit may only be a few hundred dollars โ or less.
This is normal.
๐ช๐ต๐ฎ๐ ๐ถ๐ณ ๐ ๐ผ๐๐ฒ ๐ฏ๐ฎ๐ฐ๐ธ ๐ฐ๐ต๐ถ๐น๐ฑ ๐๐๐ฝ๐ฝ๐ผ๐ฟ๐, ๐๐๐๐ฑ๐ฒ๐ป๐ ๐น๐ผ๐ฎ๐ป๐, ๐ผ๐ฟ ๐ผ๐๐ต๐ฒ๐ฟ ๐ฑ๐ฒ๐ฏ๐๐?
The IRS will offset (take) those debts FIRST.
After the offset:
โข The advance (plus interest) must still be repaid
โข Tax preparation fees will still be deducted
To check if your refund will be offset, call:
๐ 1-800-304-3107 (Treasury Offset Program)
๐ช๐ต๐ฒ๐ป ๐๐ถ๐น๐น ๐ ๐ฟ๐ฒ๐ฐ๐ฒ๐ถ๐๐ฒ ๐บ๐ ๐ฟ๐ฒ๐บ๐ฎ๐ถ๐ป๐ถ๐ป๐ด ๐ฑ๐ฒ๐ฝ๐ผ๐๐ถ๐?
Whatever amount is left after:
โ IRS offsets (if any)
โ Advance repayment
โ Interest/finance charges
โ Tax preparation fees
That remaining balance will deposit on your IRS direct deposit date.
โ IMPORTANT:
If you received a refund advance, please expect deductions. Do not expect your full refund amount to hit your account.
This post is to prevent confusion and unnecessary panic calls.
โ SW Tax Service
