02/20/2026
💰𝗥𝗘𝗙𝗨𝗡𝗗 𝗔𝗗𝗩𝗔𝗡𝗖𝗘 𝗙𝗔𝗤 – 𝗣𝗟𝗘𝗔𝗦𝗘 𝗥𝗘𝗔𝗗
To prevent confusion and repeated calls, please review the information below before your deposit date.
If you received a refund advance, your refund will 𝗡𝗢𝗧 deposit in full.
Here’s why:
If you received an advance, the following are deducted from your refund before deposit:
• The full advance amount
• Interest or finance charges
• Tax preparation fees
You will only receive the remaining balance after those amounts are paid.
𝗘𝘅𝗮𝗺𝗽𝗹𝗲:
If your refund is $8,000 and you received a $7,000 advance:
$8,000 refund
– $7,000 advance repayment
– Interest/finance charges
– Tax preparation fees
Your deposit may only be a few hundred dollars — or less.
This is normal.
𝗪𝗵𝗮𝘁 𝗶𝗳 𝗜 𝗼𝘄𝗲 𝗯𝗮𝗰𝗸 𝗰𝗵𝗶𝗹𝗱 𝘀𝘂𝗽𝗽𝗼𝗿𝘁, 𝘀𝘁𝘂𝗱𝗲𝗻𝘁 𝗹𝗼𝗮𝗻𝘀, 𝗼𝗿 𝗼𝘁𝗵𝗲𝗿 𝗱𝗲𝗯𝘁𝘀?
The IRS will offset (take) those debts FIRST.
After the offset:
• The advance (plus interest) must still be repaid
• Tax preparation fees will still be deducted
To check if your refund will be offset, call:
📞 1-800-304-3107 (Treasury Offset Program)
𝗪𝗵𝗲𝗻 𝘄𝗶𝗹𝗹 𝗜 𝗿𝗲𝗰𝗲𝗶𝘃𝗲 𝗺𝘆 𝗿𝗲𝗺𝗮𝗶𝗻𝗶𝗻𝗴 𝗱𝗲𝗽𝗼𝘀𝗶𝘁?
Whatever amount is left after:
✔ IRS offsets (if any)
✔ Advance repayment
✔ Interest/finance charges
✔ Tax preparation fees
That remaining balance will deposit on your IRS direct deposit date.
⚠ 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.
— SW Tax Service
