Claimants must reside in eligible US states and have an tax credit of at least $3,000 or greater. We cannot offer the advance funding option for specific scenerios below:
Reasons a Claimant is Ineligible from Advance Funding:
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Disqualified Due to Location
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Iowa: Advance funding cannot be offered to residents of Iowa.
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Colorado: Advance funding cannot be offered to residents of Colorado.
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US Territories: Advance funding cannot be offered to residents of US territories.
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The advance funding option is unavailable in specific regions:
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Tax Credit Below Minimum Threshold
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The claimant’s total tax credit is less than $3,000, disqualifying them from advance funding.
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Outstanding IRS Liabilities
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The claimant owes a significant balance to the IRS, which exceeds allowable limits for advance funding eligibility.
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Insufficient IRS Interest Accrued
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The IRS interest accrued on the claimant’s tax credit is less than 8% of the total tax credit, making them ineligible for advance funding. This is due to regulatory and compliance mesures mandated by our funding partner.
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