A tax refund advance is a short-term loan that gives you early access to a portion of your expected tax refund. When you choose Sun Loan as your tax preparer, you can immediately apply to receive up to $7,500 of your anticipated refund rather than waiting for the IRS to process your return. 

This advance is secured by your expected tax refund, meaning the loan will be repaid directly from your refund once the IRS processes your return. 

The advance serves as a bridge between filing your taxes and receiving your official refund, helping you access your money sooner to handle immediate financial needs or opportunities.

To qualify for a tax refund advance from Sun Loan, you must meet several key requirements:

• File your taxes through Sun Loan between January 2, 2026, and February 28, 2026
• Have a valid government-issued photo ID
• Provide a Social Security number or Individual Taxpayer Identification Number (ITIN)
• Submit all required tax documents, including W-2s and applicable 1099 forms
• Expect a sufficient tax refund amount to cover the requested advance
• Meet minimum income requirements based on tax documentation
• Provide proof of residence and contact information
• Be at least 18 years old and file as an individual taxpayer

Consider these clear benefits if you’re thinking about getting a tax advance loan. Each advantage helps you access your money faster and easier than traditional refund processing:

• Immediate access to your refund: Get your money as early as the same day you file instead of waiting weeks for the IRS to process your return.
• Professional tax preparation: Our expert tax preparers ensure your return is done correctly while helping you apply for your advance.
• Flexible filing options: Choose to file online from home, sit down with a tax expert in person, or simply drop off your documents for processing.
• Expert guidance: Knowledgeable tax professionals guide you through both your tax filing and advance application, ensuring everything is done correctly.
• Same-day funding: Once approved, you’ll receive your advance by direct deposit, check, or refillable debit card in up to 24 hours.
• Automatic repayment: Your advance is repaid directly from your tax refund when it arrives from the IRS, with no action required on your part.

You can receive your tax refund advance the same day you file your taxes, assuming you meet all eligibility requirements and receive bank approval. 

First, you complete your tax return with Sun Loan using your preferred filing method. Once your return is finished, your tax preparer will help you apply for the advance. Applying typically takes just a few minutes. Then, the money is deposited into your bank account.

Through Sun Loan’s Refund Advance program, qualified taxpayers can receive up to $7,500 of their expected refund amount. The actual advance amount you may receive depends on several factors.

Your expected refund amount is the primary determining factor. Typically, you can receive a portion of your anticipated refund up to the $7,500 maximum. The bank’s approval process considers your tax return information, including income level, refund amount, and filing status.

Your filing history and previous tax refund advance history may also influence the decision. Some taxpayers may qualify for smaller advance amounts, depending on their specific situation and approval factors.

To file your taxes correctly, you’ll need several important documents. First, gather all your W-2 forms from employers and any 1099 forms from other income sources. You’ll also need Social Security cards for everyone on your tax return, plus last year’s tax return for reference. 

Don’t forget documents showing mortgage interest, property taxes, or charitable donations if you plan to claim these deductions. 

When you visit us in person or contact us online, we’ll provide a simple checklist to make sure you have everything you need. If you’re missing any documents, we can help you get copies.

How quickly you get your tax refund after filing depends on how you file and choose to receive your money. If you decide not to apply for the Refund Advance, you can expect your refund to arrive within 21 days when you file electronically with direct deposit. Paper returns can take 6-8 weeks to process. If you ask for a paper check, this adds about a week to your wait time. 

You can view the status of your federal tax refund using the IRS “Where’s my Refund” tool just 24 hours after we file your return electronically. Remember, filing early in the tax season usually means faster refunds!

Unemployment benefits are taxable income, so you’ll need to file taxes. You should receive a Form 1099-G showing the total amount of benefits you received and any taxes already withheld. 

Don’t worry if this seems complicated – our tax experts understand exactly how to report unemployment income and can help you claim any special credits or deductions you might qualify for. We’ll also help you understand if you need to make estimated tax payments for next year to avoid owing money later.

Both options have their advantages, and we’re here to help you choose what works best for you. In-person tax filing is ideal if you have a complex tax situation, multiple sources of income, major life changes like marriage or homeownership, or if you simply prefer face-to-face guidance. Need in-person help? Find a branch.

Our tax experts can answer your questions in real time and explain everything in simple terms. They might also spot deductions or credits you didn’t know about.

Online tax preparation and our tax drop-off service work well if you have a straightforward tax situation, are comfortable with computers, and prefer to work at your own pace. 

Our online system walks you through each step and still gives you access to expert help if you need it.

Missing the tax deadline isn’t ideal, but it’s not the end of the world! The most important thing is to file as soon as possible to minimize any penalties or interest charges. If you owe taxes, penalties and interest can add up after the deadline.

Our tax experts can help you file late returns and determine your best path forward. We’ll help you understand any penalties you might face and can work with you to set up a payment plan with the IRS if needed. We can also help you file an extension next time to avoid late penalties, giving you extra time to gather your documents and file correctly. Remember, even with an extension, any taxes you owe are still due by the original deadline.

Want to avoid deadline stress next year? Consider our year-round tax services to get your taxes done early. We can also help you adjust your withholding or set up estimated tax payments to prevent future tax bills.