For display and disclosure purposes, your tax software may only display the $500 advance option. Other tax software programs may calculate an amount based on a certain percentage of the max NOW advance. Note that in both examples, this is simply an estimated amount. All NOW advance underwriting and amounts are determined by Refundo once we have received your clients application. Refundo will determine the advance amount based on the likelihood of the taxpayer receiving their full refund in a timely manner and communicate this back to your tax software.
Please refer to the Refundo Dashboard to view the NOW status and approval amount.
For disclosure purposes, your tax software only displays the $500 NOW advance option, but your clients are eligible for up to $9,500
Written by Jesse Arroyave
Updated over 2 months ago