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![]() ![]() The tool will tell you the dates your tax return was received and approved and the date your refund was sent. Or, if you prefer, you can call 80 to check on the status of your refund. You can track the status of your tax refund by using the IRS Where’s My Refund? tool. Errors could also result in tax refund delays, as could suspicion of identity theft or fraud related to your return. Special rules require the IRS to hold these refunds until February 27, so you might experience a delay if you claim one or both of these tax credits.Įrrors in your tax return. Keep in mind that it may take an extra few days for your bank to make funds available to you after a refund is issued electronically.Ĭlaiming certain tax credits. Claiming the earned income tax credit (EITC) and the additional child tax credit (ACTC) is another factor affecting timing of your tax refund. Meanwhile, nine out of 10 taxpayers choosing direct deposit receive their refunds within 21 days of the date they file electronically. This manual process could take up to two months, keeping many people anxiously waiting by their mailboxes for weeks.Īccording to the IRS, refunds can be issued to taxpayers by direct deposit as soon as eight days after tax returns are filed. Then the IRS issued paper checks that had to be mailed to taxpayers. Before e-filing was available, tax returns had to be mailed to the IRS, where the information was scanned or manually entered into the system. The other main factor is choosing direct deposit of your refund or receiving your refund via a paper check.Į-filing can speed up the refund process. This chart can be used as a guideline to estimate when you might receive your tax refund.Ĭhoosing electronic or paper filing of your tax return. This is one of the main factors affecting the timing of your refund. Federal tax refund delivery timeįollowing is a breakdown of how much time it generally takes to receive a tax refund depending on how the return is filed and which method is chosen to receive the refund. ![]() This is when the clock starts ticking on your refund schedule. If everything checks out, you’ll receive a notice that the IRS has accepted your return. The first step is for them to accept your return, which usually happens within 24-48 hours.ĭuring this time, they are making sure that the personal information included on your return matches the information in their records. The IRS follows a very detailed process when handling tax returns and issuing tax refunds. In general, you should receive your refund anywhere between eight days and two months from when the IRS accepts your return, depending on how you file and choose to receive your refund. One of the biggest questions many people have about their taxes is how long it takes to receive a tax refund. And this year, in 2023, the tax deadline is also April 18. In 2021, Tax Day - or the due date for filing federal and state income tax returns for most people - was delayed by about a month due to the COVID-19 pandemic. Financial wellness & participant experience. ![]()
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