Most taxpayers receive their refunds within 21 days. If you choose to have your refund deposited directly into your account, you may have to wait five days before you can gain access to it. If you request a refund check, you might have to wait a few weeks for it to arrive.
- For the latest information on IRS refund processing, see the IRS Operations Status page. It’s taking more than 21 days for IRS to issue refunds for certain mailed and e-filed 2020 tax returns that require review, And, in some cases, this work could take 90 to 120 days.
When can I expect my refund 2020?
If you file your tax return electronically, the IRS will generaly process direct deposit refunds within 7-10 days of receiving your tax return, and process paper checks within about two weeks. Filing a paper tax return may delay your refund by up to several weeks.
When should I expect my tax refund 2021?
Most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return, according to the IRS. Some tax filers are still complaining that they did not receive their refund yet from federal returns filed last year.
Why is my 2020 refund taking so long?
What’s Taking So Long? If you don’t receive your refund in 21 days, your tax return might need further review. This may happen if your return was incomplete or incorrect. You may also experience delays if you claimed the Earned Income Tax Credit or the Additional Child Tax Credit.
Why is my refund taking so long?
Some tax returns take longer to process than others for many reasons, including when a return: Includes errors, such as incorrect Recovery Rebate Credit. Includes a claim filed for an Earned Income Tax Credit or an Additional Child Tax Credit.
Are tax refunds delayed 2021?
That means 2021 tax refunds are likely to be delayed; usually electronic refunds come three weeks after filing, a week faster than ones for paper returns. Based on last year’s experience, getting answers from the IRS will be even harder than usual, too. 1
Are tax refunds delayed this year?
“IRS employees want to do more, and we will continue in 2022 to do everything possible with the resources available to us.” The IRS says most refunds are issued within 21 days of the return being filed.
Are IRS refunds delayed 2020?
If a taxpayer files a return on April 15 in Year 1, the IRS generally may issue a refund until April 15 in Year 4. In 2020, the IRS postponed the filing deadline for tax year 2019 tax returns from April 15 to July 15 due to the COVID-19 pandemic.
What is the longest time to wait for a tax refund?
If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.
How long does your refund stay in processing?
When to expect your IRS refund About 90% of electronically filed tax returns are processed within 21 days. Paper returns are processed six to eight weeks after they arrive at the IRS. If you electronically file and provide bank account information to the IRS for direct deposit, you’ll see your refund the quickest.
What if my refund is still processing after 21 days?
If it has been over 21 days since your return was being accepted by the IRS (or 6 weeks if you filed a paper return) and the tax refund status has not changed or WMR has no updated message for delays, you can call the IRS and speak with an agent concerning your tax refund.
What do I do if I haven’t received my refund 2020?
If you haven’t received your tax refund after at least 21 days of filing online or six weeks of mailing your paper return, go to a local IRS office or call the federal agency (check out our list of IRS phone numbers that could get you help faster). But that won’t fast-track your refund, according to the IRS.
What does it mean when IRS says your refund is being processed?
This means the IRS has processed your return and has approved your refund. The IRS is now preparing to send your refund to your bank or directly to you in the mail if you requested a paper check.
Why is my refund stuck in processing?
There are many different reasons why your refund may have not been processed yet, but the most common include: Your tax return included errors. Your tax return is incomplete. This could mean that all of the necessary forms were not sent to the IRS for processing.
2021 IRS Tax Refund Schedule: When Will I Get My Tax Refund?
Tax season is dreaded by many individuals. You may, on the other hand, have something to look forward to if you are anticipating a tax refund. The IRS may be able to help you pay off some debt, construct an emergency fund using a high-interest savings account, or work with an investment and retirement counselor to set investing and retirement objectives if you have additional money coming your way. However, depending on how you file your taxes and how you receive your return, it may take up to three weeks for the majority of individuals to receive their tax refund.
When Will I Get My Tax Refund?
The Where’s My Return? function, available on the IRS website and the IRS2Go mobile app, allows you to check the status of your refund online. If you file your tax return online, you will be able to check on the status of your refund within 24 hours of submitting it. While mailing your tax return will expedite the process, you will have to wait at least four weeks before receiving any information on your tax refund. Remember that you may normally submit your taxes in January if you plan beforehand.
If you inadvertently input the erroneous Social Security number, you may receive an IRS Error Code 9001.
The majority of people get their refunds within 21 days after filing their tax returns.
Depending on how quickly you seek a refund, you may have to wait several weeks for your check to arrive.
|Estimated Federal Tax Refund Schedule|
|Filing Method||E-File, Direct Deposit||Paper File, Direct Deposit||E-File, Check in Mail||Paper File, Check in Mail|
|Time from the day you file until you receive your refund||1-3 weeks||3 weeks||1 month||2 months|
Please keep in mind that these are only estimates. For the most part, depending on how you file, you should be able to anticipate to get your refund within these time frames. According to IRS statistics, filers typically get their refunds two weeks after their taxes have been accepted by the IRS for direct deposit and three weeks after e-filing for a paper check in the mail. What exactly is taking so long? If you have not received your refund within 21 days, it is possible that your tax return needs to be reviewed again.
If the Internal Revenue Service (IRS) need extra information in order to process your return, it may send you instructions by mail.
Tax returns filed by anyone who claimed those credits must be held by the Internal Revenue Service until February 15, according to the Protecting Americans from Tax Hikes (PATH) Act of 2015.
tool and claiming one of those tax benefits may result in a PATH Act notification appearing on your screen.
You should avoid contacting the IRS directly unless you were advised to do so by the Where’s My Refund? feature or it has been 21 days since you filed your tax return electronically–or six weeks since you sent your paper tax return–and you have not received your refund.
What About My State Tax Refund?
Until now, everything we’ve discussed has been about federal tax refunds. In terms of tax refunds, each state operates in a somewhat different manner. If you submitted your state tax return electronically, you should expect to get your refund within 30 days after filing your return. If you submitted a paper tax return, it might take up to 12 weeks for your refund to be processed and received. For further information on the status of your refund, you should contact your state tax office or visit the Department of Revenue website for your state.
When Are Taxes Due?
The deadline to file your tax return and pay your tax bill is usually April 15th of each year. However, because of a legal holiday in Washington, D.C., taxes for the year 2021 must be submitted by April 18, 2022. Residents of Massachusetts and Maine have until April 19, 2022, to file a lawsuit against the state. If you find yourself still unable to make the tax filing due for the upcoming year, you can request for a six-month extension of the deadline. However, the sooner you file your tax return, the sooner you will receive your tax refund.
It is essential that you complete your tax return as soon as possible, review it for errors before submitting it, and file your tax return electronically if you want to get your refund as promptly as possible. You can request a paper check, but if your return is transferred immediately into your checking account, savings account, or individual retirement plan, you will get it much more quickly (IRA). In case you’re concerned about the status of your tax return, don’t forget to utilize the IRS Where’s My Refund?
It gives you up-to-the-minute information on the progress of your return.
Tips for Maximizing Your Tax Savings
- Finding a quality financial advisor does not have to be a difficult endeavor. Your financial adviser links you with up to three other financial advisors in your region using SmartAsset’s free service, and you may interview your advisor matches at no cost to determine which one is the best fit for you. If you’re ready to locate a financial adviser who can assist you in achieving your financial objectives, get started right away. When it comes to paying your taxes, using a tax filing service may make the process much simpler. They may relieve you of a lot of the stress and uncertainty associated with the procedure, allowing you to complete a more accurate tax return. They can also assist you in discovering tax deductions or exemptions that you may not have been aware of on your own. Among the most popular software options are Tax preparation services such as TurboTax and H R Block
- If you discover that you are receiving substantial tax refunds on a frequent basis, it is possible that you are paying too much in taxes in the first place. If this is the case, you may wish to make adjustments to the withholding amounts on your W-4 so that you may retain more money over the whole year. Even if large returns are thrilling, why give the IRS a free loan?
Photography by Juan Monino, Baltic Boy, and Anya Berkut (iStock.com/Juanmonino), with permission. Lauren Perez, CEPF®, is a certified environmental professional. Lauren Perez writes for SmartAsset on a range of personal financial subjects, with a particular focus on savings, banking, and credit cards. She has a bachelor’s degree in English and a master’s degree in finance. Ms. McKinney holds the designation of Certified Educator in Personal Finance® (CEPF®) as well as membership in the Society for Advancement of Business Editing and Writing (SABEW).
Her hometown is Los Angeles, and she was born and raised there.
With the hours of study Lauren puts in at SmartAsset, she is able to give suggestions to friends and family about credit cards and retirement accounts that they could find beneficial.
If you filed a paper return or responded to an IRS enquiry regarding your 2020 tax return, you should expect delays.
Some tax returns take longer to process than others, for example, if the return contains the following information:
- Requires an adjustment to the amount of the Recovery Rebate Credit
- Is insufficient
- Has been compromised by identity theft or fraud
- Included is a claim for an Earned Income Tax Credit or an Additional Child Tax Credit based on income earned in 2019
- In addition, there is Form 8379, Injured Spouse AllocationPDF, which might take up to 14 weeks to be processed. In general, it is necessary to do more research.
If we require further information from you in order to process your refund, we will contact you by mail. When it comes to tax returns involving the Recovery Rebate Credit, Earned Income Tax Credit, and Additional Child Tax Credit, we are taking longer than 21 days (and up to 90 to 120 days in some cases). You should only call if one of the following has occurred:
- It has been at least 21 days since you e-filed
- Where’s My Refund directs you to contact the Internal Revenue Service.
There is no need to file a second tax return. In the event that you are due a refund from your tax year 2020 return, you should wait until you get it before filingForm 1040X to amend your original tax return.
Tax Season Refund Frequently Asked Questions
The majority of refunds are processed in fewer than 21 calendar days. If your tax return requires further scrutiny, it is likely that it will take longer to complete. Where Has My Refund Gone? provides the most up-to-date information about your refund that is currently available For some 2020 tax returns that require review, such as those that contain incorrect Recovery Rebate Credit amounts or those that used 2019 income to calculate the Earned Income Tax Credit (EITC) and Additional Child Tax Credit, the Internal Revenue Service is taking more than 21 days to issue refunds (ACTC).
I’m counting on my refund for something important. Can I expect to receive it in 21 days?
Following the receipt of your return, a number of different circumstances might influence the timeliness of your reimbursement. Despite the fact that we provide the majority of refunds in less than 21 days, it is conceivable that your refund will take longer. Please bear in mind that your financial institution may require a period of time before crediting your account or mailing you a refund.
It’s been longer than 21 days since the IRS received my return and I haven’t gotten my refund. Why?
- It has flaws, such as an inaccurate Recovery Rebate Credit
- It is insufficient
- And it requires more examination in general. Has been a victim of identity theft or fraud
- Included is a claim for the Earned Income Tax Credit or the Additional Child Tax Credit that has been lodged. See the Q&A section below. In addition, there is Form 8379, Injured Spouse AllocationPDF, which might take up to 14 weeks to be processed.
It has flaws, such as an inaccurate Recovery Rebate Credit; it is insufficient; it requires further scrutiny in general; and it is incomplete. If you have been the victim of identity theft or fraud A claim for the Earned Income Tax Credit or the Additional Child Tax Credit is included in this category. See the Q&A section below for further information. There is an Injured Spouse AllocationPDF Form 8379, which might take up to 14 weeks to be processed; and
I claimed the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) on my tax return. When can I expect my refund?
According to the Protecting Americans from Tax Hikes (PATH) Act, the Internal Revenue Service is not permitted to provide EITC and ACTC refunds before the middle of the month. When taxpayers choose direct deposit and there are no additional concerns with their tax return, the IRS anticipates that most EITC/Additional CTC refunds will be available in their bank accounts or on their debit cards by March 1. Some taxpayers, on the other hand, may receive their refunds a few days early. Check Where’s My Refund to find out when you will receive your customised refund.
The IRS2Go smartphone app, as well as IRS.gov, continue to be the most convenient ways to check the status of a refund.
Will calling you help me get my refund any faster?
If Where’s My Refund?
urges you to call us, our personnel will be unable to give you with any extra information until you specifically request it. If the message “Where’s My Reimbursement?” indicates that we are still processing your return, our personnel will be unable to provide you with an exact refund date.
What information doesWhere’s My Refund?have?
Typically, we will provide you with information on the most recent tax year refund we have on file for you.
Can I use Where’s My Refund? to check the status of a refund on a prior year return.
Where Has My Refund Gone? will show you the current status of your most recently filed tax return during the previous two tax seasons.
When can I start checkingWhere’s My Refund?for my refund’s status?
We’ll notify you within 24 hours of receiving your electronically submitted tax return or within 4 weeks of receiving your paper tax return, whichever is sooner.
WillWhere’s My Refund?show me when I’ll receive my refund?
Where Has My Refund Gone? After we have processed your return and approved your reimbursement, we will contact you to set up a specific day for you.
Will ordering a transcript help me find out when I’ll get my refund?
A tax transcript will not assist you in determining when you will get your refund. There is no guarantee that the information transcripts have about your account will accurately reflect the amount or timeliness of your refund. They are ideally suited for verifying prior income and tax filing status for mortgage, student, and small business loan applications, as well as for assisting with tax preparation and production of tax returns.
I’m a nonresident alien. I don’t have to pay U.S. federal income tax. How do I claim a refund for federal taxes withheld on income from a U.S. source? When can I expect to receive my refund?
Nonresident aliens who receive income from a source in the United States must disclose the necessary income and withholding amounts on Form 1040-NR, U.S. Nonresident Alien Income Tax ReturnPDF in order to be eligible for a refund of federal taxes withheld on such income. When you submit your Form 1040NR, you must include any supporting documentation that demonstrates your income and withholding levels. To complete a 1040NR return, we require more than 21 days of processing time. Please anticipate up to 6 months for your refund to be processed from the date you filed your 1040NR.
How will I know you’re processing my tax return?
Where Has My Refund Gone? tracks the progress of your tax return from its reception until its conclusion. It will notify you when your return has been received as well as if your refund has been accepted or has been issued.
What is happening whenWhere’s My Refund?shows my tax return status as received?
We have received and are currently processing your tax return.
What is happening whenWhere’s My Refund?shows my refund’s status as approved?
We’ve authorized your request for a refund. Currently, we are prepared to issue a refund through your bank or straight to you through the mail. This status will inform you as to when we will transfer the funds back to your bank account (if you selected the direct deposit option). You should check with your bank about your refund 5 days after we’ve issued it because banks differ in how and when they credit monies to accounts. If you get a refund cheque in the mail, please allow several weeks for it to arrive.
How long will it take for my status to change from return received to refund approved?
It can take a few days in certain cases, but it could take longer.
DoesWhere’s My Refund?always display my refund status showing the different stages of return received, refund approved and refund sent?
No, this is not always the case. Instead, when we are still examining your return, it may offer instructions or an explanation of what we are doing, depending on the circumstances.
DoesWhere’s My Refund?update often?
Once a day, generally at night, for 30 minutes. There is no need to check any more frequently.
WillWhere’s My Refund?give me my amended return’s status?
No, it will not provide you with information on revised tax returns.
What happened to my Amended Return? can provide you with information on the current status of your amended return. The status of your modified return may only be researched by our phone and walk-in staff if it has been 16 weeks or more since you submitted it in.
I requested a direct deposit refund. Why are you mailing it to me as a paper check?
- We can only deposit refunds into accounts in your own name, the name of your spouse, or the name of a joint account
- Otherwise, we cannot repay you. A direct deposit may be rejected by a banking institution. The amount of electronic refunds that can be deposited into a single bank account is limited to three
Why is my refund different than the amount on the tax return I filed?
It is possible that all or part of your return was utilized (offset) to pay down past-due federal tax, state income tax, state unemployment compensation obligations, child support, spousal support, or other federal nontax debts, such as student loan debt. If you believe you may be entitled to an offset, or if you have any questions concerning an offset, you should contact the collection agency to which you owe the amount. We may have also adjusted the amount of your refund as a result of the modifications we made to your tax return.
You’ll receive a notification informing you of the changes.
page will show the reasons for the refund offset.
What should I do when the refund I receive is not from my tax account?
We ask that you refrain from cashing the refund cheque or spending the direct deposit return. Return the money to us in its original form. Tax Topic 161, Returning an Erroneous Refund — Paper Check or Direct Deposit, explains how to return an incorrect refund. gives further information about what to do
Where’s My Refund? Check the Status of My Tax Return
Tax refunds worth millions of dollars are not provided or claimed by the Internal Revenue Service (IRS) every year, according to the IRS.
Undelivered Federal Tax Refund Checks
Refund cheques are mailed to the last known address associated with your account. In the event that you relocate without alerting either the IRS or the United States Postal Service (USPS), your refund check may be returned to the IRS. If you were anticipating a federal tax return but did not get one, you may look on your refund status on the IRS’Where’s My Refundpage. You’ll need to input your Social Security number, filing status, and the exact total dollar amount of your refund to be able to get your refund.
You can also contact the Internal Revenue Service to inquire about the status of your refund.
Using the automated phone system, on the other hand, will save you from having to wait.
If you relocate, you must file aChange of Address – Form 8822with the Internal Revenue Service; you should also file aChange of Addresswith the United States Postal Service.
Unclaimed Federal Tax Refunds
If you are qualified for a federal tax refund but do not submit a return, your refund will be forfeited and you will not get it. Even though you are not obliged to submit a return, it may be beneficial for you to do so if any of the following apply:
- You are eligible to receive the Earned Income Tax Credit (EITC).
It’s possible that you didn’t file a tax return because your earnings were below the threshold for filing.
However, if you file your return within three years of the filing date, you will be eligible for a refund.
State Refund Checks
Contact your state’s revenue agency if you need further information about your state tax refund check. The most recent update was made on October 4, 2021.
Where’s My Tax Refund? The IRS Refund Timetable Explained
It has been updated for Tax Year 2021 / January 30, 2022 at 3:34 PM (EDT). OVERVIEW What occurs when you click on the green button to send your tax return is as follows. Remember that filing your tax return electronically and selecting direct deposit is the fastest method to get your refund. Subscribe: Apple Podcasts|Spotify|iHeartRadio are examples of podcasting services. The Most Important Takeaways When you file your return electronically, it normally takes between 24 and 48 hours for the IRS to accept your submission.
The Internal Revenue Service usually issues refunds in fewer than 21 days.
To check on the status of your refund, use the IRS’s Here’s My Refund?tool or contact the IRS at 800-829-1954 starting 24 hours after you e-file your return.
“Where’s my tax refund?”
Have you ever wondered what occurs between the time you file your tax return and the time you receive your refund? When you click on the green button to send your tax return, here’s what happens in reality.
- Following that, we “stamp” the return with an electronic postmark before sending it to the government. Afterwards, we both have to wait between 24 and 48 hours for the IRS to receive your tax return. What exactly are they up to? They are double-checking your personal information to ensure that it corresponds to their own records. If everything appears to be in order, the IRS will approve your return.
Once you have been accepted, you will be placed on the IRS payment schedule. Only the Internal Revenue Service (IRS) is aware of the current status of your tax return, including whether you owe taxes or are expecting a refund. Taxpayers received more than 9 out of 10 refunds from the IRS in fewer than 21 days last year, a significant increase from previous years. In 2021, the same outcomes are predicted to be achieved. TurboTax Tip: You may check on the status of your return by using the IRSWhere’s My Refund?tool or by calling the IRS at 800-829-1954, starting 24 hours after you e-file.
Once you have e-filed your tax return, you may check the status of your refund in a variety of ways, including:
- You can make advantage of the IRSW. Here’s a link to the My Refund?tool (which is the fastest choice)
- Call the Internal Revenue Service at 800-829-1954.
Based on the processing of your tax return, the refund information you receive will be customized for you by the tool. They will notify you of an actual refund date as soon as the Internal Revenue Service reviews your tax return and accepts your refund application. The vast majority of refunds will be processed in less than 21 days. Within 24 hours of e-filing your return, you should be able to begin checking on the progress of your refund. Keep in mind that e-filing and selecting direct deposit are the fastest ways to get your refund.
All you need to know is yourself
Provide straightforward answers to a few easy questions about your life, and TurboTax Free Edition will take care of the rest. Simple tax returns are all that are required.
Tax return accepted? Here’s how to start tracking your refund
The IRS strongly advises submitting your return online and using direct deposit in order to get your refund as quickly as possible. Angela Lang is a contributor to CNET. The Internal Revenue Service is now processing tax returns for the year 2021, which means tax refunds will be sent to people who completed their forms correctly in the near future. Alternatively, if the IRS has already approved your return, you may watch the status of your tax refund so that you will know when you should anticipate your money to arrive.
The IRS advocates filing electronically and setting up direct deposit this year because it can speed up the processing of your return, which can be delivered within 21 days if there are no problems.
After you’ve submitted your tax return, you don’t have to sit around wondering what to do next.
feature, as well as how to check your IRS account for any additional information you may need.
Find out how to set up an online IRS account, how to claim the remainder of your child tax credit money, how to file your taxes for free, and the ten tax changes that might affect the size of your return this year in our tax information section. This story is updated on a regular basis.
How long will it take to get my tax refund?
Tax refunds are typically sent within three weeks by the Internal Revenue Service, but some taxpayers may have to wait a little longer to get their cash. In the event that there are any mistakes, or if you made a claim for the earned income tax credit or the child tax credit, you may have to wait a long time. A problem with your return’s processing can be resolved “depending on how quickly and accurately you respond, as well as the ability of IRS staff who have been trained and who are working under social distancing requirements to complete the processing of your return,” according to the Internal Revenue Service website.
If you filed your tax return by mail, the Internal Revenue Service estimates that it will take between six and eight weeks for your tax refund to arrive once it has been processed.
This means that if it takes the IRS the full 21 days to issue your return check and your bank the full five days to post it, you might be out of pocket for a total of 26 days before receiving your refund.
What money will arrive with my tax refund this year?
This year, there are a number of items that may be added to your tax return to make it more valuable. As is customary, if you overpaid your taxes in 2021, you will receive a refund of the money you overpaid. Parental benefits may include the remainder of yourchild tax credit money, as well as repayment for any money you spent on child care-related expenditures over the previous year if you qualify. Also, if you haven’t received your third stimulus payment yet, you may be eligible to get it when you receive your tax return.
What could cause my tax refund to be delayed?
The following are some of the reasons why your income tax refund may be delayed:
- There are mistakes on your tax return
- It’s a work in progress
- It is suspected that your reimbursement is the result of identity theft or fraud. The earned income tax credit or the supplementary child tax credit was applied for on your behalf. Your return requires additional examination
- The injured spouse allocation form (Form 8379(PDF)) is included in your return, and it might take up to 14 weeks to be processed.
If the IRS determines that a necessary tax adjustment must be made to a recovery rebate credit, earned income tax credit, or extra child tax credit claimed on your return, the IRS will email you an explanation of the situation. If there is a problem that has to be resolved, the IRS will initially attempt to resolve it without contacting you for your permission. But if it need further information, it will write you a letter to tell you.
How to use the IRS Where’s My Refund? tool
The IRS tracker tools require you to enter some personal information, including your Social Security number or Individual Taxpayer Identification Number, your filing status (single, married, head of household), and the amount of the refund in whole dollars that you can find on your tax return in order to check on the status of your 2021 income tax refund. Ensure that at least 24 hours have passed (or up to four weeks if you returned your item through mail) before beginning the refund tracking process.
- directs you to theGet Refund Statuspage where you may fill up your personal information before pressing the Submit button.
- If this is the case, you may be required to validate your personal tax information and try again.
- The Internal Revenue Service now provides a smartphone app, called IRS2Go, that allows you to monitor the status of your tax refund.
- Whether or not your return has been received, authorized, and dispatched will be visible to you.
- This tool is updated overnight by the IRS, so if you don’t see a change in your status after 24 hours or longer, check again the following day.
- In order to find out where your tax refund is, go to Where’s My Refund?
- If you are seeking for information on earlier years’ returns, go to yourIRS online account for further information.
The IRS2Go smartphone app allows you to check on the status of your refund. CNET image courtesy of James Martin
What do these IRS tax return statuses mean?
Both the IRS’s online and mobile tools (both the website and the mobile app) will display one of three messages to describe the status of your tax return.
- Received: The Internal Revenue Service has received and is working to process your tax return. When your return is approved, the IRS has processed your information and confirmed the amount of your refund, if you are due one. Sent: Your refund has been processed and is on its way to your bank, either as a direct deposit or as a printed check in the mail. (If you’ve moved, you can find out how to update your address on file here.)
Can I contact the IRS for additional help?
While you might try phoning the IRS to see whether your situation has changed, the agency’s live phone support is severely restricted. You should avoid filing a second tax return or contacting the Internal Revenue Service to inquire about the status of your return. For further information, the Internal Revenue Service directs visitors to theLet Us Help Youpage on its website. It also recommends that taxpayers seek in-person assistance from Taxpayer Assistance Centers. You can contact your local IRS office or call to schedule an appointment at 844-545-5640 to schedule an appointment.
Although the chances of receiving live help are minimal, the IRS recommends that you contact the agency directly only if it has been more than 21 days since you paid your taxes online or if the Where’s My Refundtool directs you to do so.
An IRS TREAS 310 transaction is listed on my bank statement. What does it mean?
If you get your tax return by direct deposit, the transaction may be identified as IRS TREAS 310 on your bank statement. It is sufficient to identify the transaction as a refund from a previously filed tax return in the form of an electronic payment by referring to the 310 code (direct deposit). Tax refunds can also be found in the description section by searching forTAX REF. Seeing a 449 instead of a 310 indicates that your return has been reduced to account for past-due debt.
Why is my tax refund coming in the mail instead of by direct deposit?
There are a variety of reasons why you could get your refund in the mail. Your money can only be electronically placed into a bank account in your name, in the name of your spouse, or into a joint bank account with another person. If that is not the case, you may be receiving numerous refund checks, as the IRS can only direct deposit up to three refunds to a single account at any given time. Additional refunds must be mailed to the customer. Additionally, your bank may reject the deposit, in which case the IRS will use this as the next best option to refund your money as promptly as possible.
Sign into your IRS account to double-check that the agency has the necessary banking information on file, just in case anything goes wrong.
Here’s how soon you can expect your tax refund
The editorial staff at Select works independently to evaluate financial products and publish articles that we believe will be of interest to our readers. It is possible that we will gain a commission if you click on links to items from our associate partners. Many Americans are anticipating a substantial cash infusion in the form of a tax return in 2021, with the average refund being $2,873. Taxpayers who submit their returns online may often expect to get their refund within three weeks, or 21 days, of filing.
Individuals who submit paper returns may wait longer, with refunds normally being granted six to eight weeks after the Internal Revenue Service gets their return in the mail from the taxpayer.
Keep in mind that a backlog of unprocessed 2019 tax returns, an overworked IRS, and new tax laws about collecting pandemic tax credits are all contributing factors to the delay in processing your return.
function on the IRS website as you wait for your refund to arrive.
You may also check the status of your return on your mobile device if you have the IRS2Go app installed. Paper filers must wait at least four weeks before they may check on the progress of their submission, but electronic filers can do so within 24 hours after submitting.
For taxpayers who have yet to file
The deadline to file your 2020 tax return, which has been extended to May 17, 2021, is literally just around the corner. If you’ve been putting things off, we have some advice for you:
- Electronic filing is required (90 percent of taxpayers currently do so)
- Before filing your return, double-check it for any mistakes. If you are claiming the 2020 Recovery Rebate Credit on your tax return because you did not get a stimulus check in the amount that you were eligible for, or you received a reduced amount, double-check that the amount you are claiming is the proper amount. It is possible that the IRS will flag your return for review, which will create a delay. You have the option of having your refund transferred straight into your bank account. This guarantees that you receive your reimbursement as quickly as possible, and it also eliminates the possibility of a check becoming lost in the mail. Make use of online tax software that guides you through the procedure so that you can file quickly and properly while receiving the most refund. Using a variety of characteristics, including cost, user experience, professional tax advice, and Better Business Bureau rating, Select evaluated 12 tax filing applications. The following are the finest tax preparation software programs:
- TurboTax was named the best overall tax software
- H R Block was named the runner-up. Credit Karma Tax is the best free tax software
- TaxSlayer is the best inexpensive tax software. TaxAct is the most accurate program available.
On TurboTax’s safe and secure website
- Costs may vary based on the plan chosen – check the cost breakdown per plan in the description below for more information.
- Instructions are provided in a straightforward Q A style that is simple to follow. TurboTax Live delivers on-demand tax guidance as well as a final review by a tax professional or certified public accountant. A tax professional will draft, sign, and submit your return as part of the Live Full Service. Guaranteed accuracy and a maximum return amount*
- In the event that you get an IRS or other tax notification, audit support will give free help.
- More expensive than other types of software applications
- Live expert support plans are available for an extra fee.
The following is a breakdown of costs by plan:
- Tax preparation services are available for free (for simple returns** only)
- Deluxe (which assists you in maximizing credits and deductions): $39* federal, $39* per state
- Premier (which includes returns with investments and expenses): $69* federal, $39* per state
- And Premium (which includes returns with investments and expenses): $69* federal, $39* per state. Independent contractors (for personal and company income and expenses): $89* federal, $39* state
- Self-employed (for personal and business income and expenses): The Live Basic package (which includes assistance from tax professionals) is available for a limited time at no cost* (federal and state returns only)
- You have until March 31 to file. If you choose Live Deluxe (which includes help from tax experts), the cost is $119* federal and $49* per state
- If you choose Live Premier (which includes help from tax experts), the cost is $169 federal and $49* per state
- And if you choose Live self-employed (which includes help from tax experts), the cost is $299* federal and $49* per state.
- Full ServiceLive Basic (includes aid from tax experts): for a limited time, $0* federal and state tax returns (simple tax returns only)
- Must file by 2/15
- For a limited period, $0* federal and state tax returns (complex tax returns only)
- Full-Service Provider Full ServiceLive Premier (includes help from tax experts): $359* federal, $49* per state
- Full ServiceLive self-employed (includes help from tax experts): $389* federal, $49* per state
- LiveDeluxe (includes help from tax experts): $249* federal, $49* per state
- LiveDeluxe (includes help from tax
*Clickherefor more information on the TurboTax offer and disclosures** Form 1040 is the sole tax return that is required for a basic tax return. Note from the editors: The opinions, analyses, evaluations, and recommendations contained in this article are solely those of the Select editorial staff, and have not been vetted, authorized, or otherwise supported by any other party other than the Select editorial staff.
When Will I Receive My Tax Refund? Will It Be Delayed?
Note from the editors: We receive a commission from affiliate links on Forbes Advisor. The thoughts and ratings of our editors are not influenced by commissions.
Compare the best tax software of 2022
Despite the fact that tax season began a little later this year, you still have extra time to file your returns. Normally, taxes are due on April 15, but the Internal Revenue Service has extended the deadline to May 17, 2021. It has not always been the case that taxpayers receive their refunds on time, despite assurances from the Internal Revenue Service at the start of tax season that they would do so. According to the Taxpayer Advocate Service, a large volume of 2020 tax returns, a backlog of 2019 paper returns, and a shortage of IRS employees have all contributed to some taxpayers facing refund delays this year.
If, on the other hand, you file your tax return on paper, you should expect delays.
If you expect to get a tax refund and want to receive it as soon as possible, complete your tax return as soon as feasible and online.
Estimated IRS Refund Tax Schedule for 2020 Tax Returns
When the Internal Revenue Service announced its return tax schedule in previous years, it provided a date for when you may expect to receive your tax refund. While the Internal Revenue Service no longer publishes a return tax schedule, we have calculated an estimate of when you might expect to receive your tax refund based on prior years’ data.
How to Speed Up Your Tax Refund
There are certain things you can do to expedite your return, but once you submit your taxes, they are in the hands of the Internal Revenue Service (and are subject to their deadline). Here are some things you may do to guarantee that you receive your refund as soon as possible: There are still a few things you should consider in order to obtain your refund as quickly as possible.
1. Request Direct Deposit of Your Refund
In order to get their tax returns more quickly, eight out of ten taxpayers choose direct deposit, according to the IRS. This option is accessible to you regardless of whether you file your tax return online or on paper. It’s possible that you don’t have a bank account and that you’d like to explore alternative possibilities, such as a prepaid debit card.
You can use a prepaid debit card to request that the Internal Revenue Service send your tax refund. However, keep in mind that various prepaid debit card providers may impose varying rates. Investigate your options before choosing whether or not this is a good choice for you.
2. File Your Tax Return Electronically
Combining direct deposit with electronic filing will significantly speed up the processing of your tax return. Because electronic filing necessitates the use of a tax software application, it can identify problems that may result in processing delays by the Internal Revenue Service. These mistakes might include inaccurate Social Security numbers, wrong dates of birth for dependents, and misspellings of people’s names. If your adjusted gross income (AGI) is less than $72,000, you can electronically submit your tax return for free under the IRS Free File Program.
If your tax position is more complicated—for example, if you have sold real estate, had business costs, or received investment or business income—you may consider working with a tax specialist to help you.
3. Double Check Your Tax Return Before You File
Double-checking your tax return before submitting it might help to guarantee that your tax refund is handled as promptly as possible. If you fail to do so, the Internal Revenue Service (IRS) may postpone the processing of your tax refund. Here is a list of questions to consider before completing your tax return in order to guarantee that the Internal Revenue Service processes your tax refund as fast and efficiently as feasible.
- Has my identifying information (such as Social Security number or Individual Taxpayer Identification Number) for myself, my husband, and my dependents been reviewed? How did I make sure all of the names on my tax return were spelt properly? Is it true that I went through the information about my dependents? Have I double-checked the accuracy of my bank’s routing and account numbers? Have I included the right date of birth for myself and any dependents? Is my tax return electronically signed (or physically signed if I’m submitting on paper)?
How to Track Your Tax Refund Status with the IRS
For those who plan to get a tax return this year, the IRSWhere’s My Refundonline service or theIRS2Go mobile app can help you keep track of the status of your refund. You will be required to provide your Social Security number, filing status, and the amount of money you expect to receive as a refund. The Internal Revenue Service (IRS) updates your tax refund information within 24 hours of e-filing and updates the tool on a daily basis. It is likely that you may have lengthier processing periods and delays if you filed your tax return by mail.
During the busiest periods of tax season, wait times might reach 15 minutes or more.
Some Tax Refunds May Be Delayed in 2021
Moreover, whether you claimed the Earned Income Tax Credit (EITC) or the Additional Child tax credit(ACTC), your tax return may be delayed in addition to the other reasons we discussed above. In the event that you claimed these credits, the Internal Revenue Service began issuing tax refunds during the first week of March if you claimed these credits. It is also possible that your banking institution will influence when you receive your return. Due to the fact that certain banks do not handle financial transactions on weekends or holidays, you may encounter a delay in the processing of your transaction.
Finally, if you have submitted an updated tax return, you should expect your tax refund to be delayed as a result. The Internal Revenue Service (IRS) handles revised tax returns from three weeks to sixteen weeks after receipt. You can use this page to check the progress of your revised tax return.
Tax Refund Schedule 2021: How Long It Takes To Get Your Tax Refund
We at Bankrate are dedicated to assisting you in making more informed financial decisions. Despite the fact that we adhere to stringent guidelines, this post may include references to items offered by our partners. Here’s what you need to know about According to the IRS, more than 90 percent of tax refunds are given in fewer than 21 days after the refund request is received. While the precise date of obtaining your refund is dependent on a variety of circumstances, it is possible that the procedure will take longer in some situations.
You should be aware of the following information if you want to forecast how long you will have to wait for your refund:
How long will my tax refund take?
The Internal Revenue Service (IRS) distributes over nine out of ten refunds to taxpayers in less than three weeks. Unfortunately, the arrival of your tax return within 21 days is not guaranteed. There are a variety of factors that might influence the length of time it takes for you to get your tax return, including the choices you make when you file. You have the option of selecting the method through which you will receive any refund the IRS owes you. Here are some alternatives for you:
- Return of funds by direct deposit into your bank account (this is the quickest method of receiving your refund)
- Mailing a paper check is a common practice. The refund will be credited to the debit card on file. Purchase up to $5,000 worth of United States Savings Bonds
- Divide your return across up to three different financial accounts in your name, such as a regular IRA, a Roth IRA, or a SEP-IRA
Depending on whatever delivery method you select for your tax refund, the amount of time it takes for you to receive your payments may vary. According to the Internal Revenue Service, combining the direct deposit option with an electronically filed tax return is the most efficient way to get your refund.
Tax refund process
Based on your filing and delivery preferences, the table below provides an anticipated breakdown of how soon you could expect to receive your tax return.
|Delivery type||Delivery time (date filed – receipt of tax refund)|
|E-file with direct deposit||1-3 weeks|
|Paper file with direct deposit||3 weeks|
|E-file with refund check in the mail||6-8 weeks|
|Paper file with refund check in the mail||6-8 weeks|
2021 IRS refund schedule chart
The Internal Revenue Service has not specified an exact date when it would begin accepting tax returns in 2022 for the tax year 2021. An example of the schedule from earlier in 2021 is shown below (the 2020 tax year).
|Date taxes accepted||Direct deposit sent||Paper check mailed|
|Jan. 25 – Jan. 30||Feb. 12||Feb. 19|
|Jan. 31 – Feb. 6||Feb. 19||Feb. 26|
|Feb. 7 – Feb. 13||Feb. 26||March 5|
|Feb. 14 – Feb. 20||March 5||March 12|
|Feb. 21 – Feb. 27||March 12||March 19|
|Feb. 28 – March 6||March 19||March 26|
|March 7 – March 13||March 26||April 2|
|March 14 – March 20||April 2||April 9|
|March 21 – March 27||April 9||April 16|
|March 28 – April 3||April 16||April 23|
|April 4 – April 10||April 23||April 30|
|April 11 – April 17||April 30||May 7|
|April 18 – April 24||May 7||May 14|
|April 25 – May 1||May 14||May 21|
|May 2 – May 8||May 21||May 28|
|May 9 – May 15||May 28||June 4|
|May 16 – May 22||June 4||June 11|
|May 23 – May 29||June 11||June 18|
|May 30 – June 5||June 18||June 25|
|June 6 – June 12||June 25||July 2|
|June 13 – June 19||July 2||July 9|
|June 20 – June 26||July 9||July 16|
|June 27 – July 3||July 16||July 23|
|July 4 – July 10||July 23||July 30|
|July 11 – July 17||July 30||Aug. 6|
|July 18 – July 24||Aug. 6||Aug. 13|
|July 25 – July 31||Aug. 13||Aug. 20|
Other factors that could affect the timing of your refund
There are a number of other causes that might delay the processing of your tax refund, including mistakes, incomplete tax filings, and fraud. Due to unique IRS restrictions, taxpayers who claim the earned income tax credit (EITC) or the extra child tax credit (ACTC) may have further delays in receiving their refunds until February 27th. If the Internal Revenue Service concludes that your tax return requires additional scrutiny, you can anticipate a lengthier wait time for your refund. According to the IRS, refunds for returns that contain problems or that require special treatment might take up to four months to process.
Delays can also occur when the IRS detects that a return is the result of identity theft or fraud.
A delay in answering can lengthen the time it takes for your refund to be processed. As a result of the pandemic-related processing delays, it may take more than 20 weeks to obtain a refund if you submitted an updated tax form.
How to track the progress of your refund
The Internal Revenue Service (IRS) has reduced the guessing associated with waiting for your tax refund by developing IRS2Go, an app that allows you to follow the progress of your return. Also available is the “Where’s My Refund?” web site, which allows you to track the progress of your refund. 24 hours after an e-filed return is received by the IRS, or four weeks after a paper return is received by the IRS, both technologies deliver individualized daily updates to taxpayers. It is possible to watch your refund’s journey through three phases after submitting some basic information (such as your Social Security number or ITIN, your filing status, and the precise amount of your return).
What to do once your refund arrives
According to the Internal Revenue Service, for many Americans, their IRS tax return is the largest check they get all year. It’s a good idea to have a strategy for how you’re going to spend your windfall in advance of receiving it. Making a decision on how you will spend, save, or invest the money ahead of time might help you avoid succumbing to the purchasing desire when it strikes. Your return is yours to spend as you see fit, and it may be used to help pay for day-to-day expenditures or invested to provide long-term financial security for yourself and your family.
Are you looking for some inspiration?
- What happened to my refund? How to track the status of your tax refund
- This was the average tax refund received during the previous filing season. These nine states do not levy an income tax.
Credit expert Michelle Lambright Black has more than 19 years of expertise. She is also a published freelance writer and a credentialed credit expert witness. Michelle’s writing has appeared in a variety of publications, including FICO, Experian, Forbes, U.S. News & World Report, Reader’s Digest, and others. She now writes for Bankrate. Senior editorial director was in charge of editing. LourdMurray’s senior wealth manager reviewed the document.
2022 Refund Schedule: How Long Do I Have to Wait Until I Get My Tax Refund?
We’ve based these dates on historical data, which indicates that the IRS will send the majority of refunds in fewer than 21 days after the return is received. Certain factors, such as the following, might influence the timing of your refund:
- It doesn’t matter how you submitted your return
- The IRS will process it more quickly if you send it in online rather than by mail. When you filed — The sooner you file, the more likely it is that your return will be completed quickly. It depends on the credits you claimed
- Claiming certain credits may cause your refund to be delayed (see below for more information)
What is the IRS refund schedule?
The Internal Revenue Service (IRS) normally distributes refunds on a timetable. This schedule is dependent on the method via which you submitted your return, when you filed it, and which credits you claimed. See the graphic below for an approximation of the timetable.
|Filing method and refund delivery method||How long it takes to receive your refund from the time your return is accepted|
|E-file and direct deposit||1-3 weeks|
|E-file and check||1 month|
|Mail in return and direct deposit||3 weeks|
|Mail in return and check||2 months|
When will I receive my tax refund?
The dates listed in the following chart are estimates. If you have completed all of your paperwork correctly and have not claimed any tax advantages that may create a delay, you may be able to get your refund for the tax season beginning in 2021.
|If the IRS accepts your return by:||Direct deposit could be sent as early as:||Or your check could be mailed as early as:|
|Jan. 24||Feb. 4||Feb. 11|
|Jan. 31||Feb. 11||Feb. 18|
|Feb. 7||Feb. 18||Feb. 25|
|Feb. 14||Feb. 25||March 4|
|Feb. 21||March 4||March 11|
|Feb. 28||March 11||March 18|
|March 7||March 18||March 25|
|March 14||March 25||April 1|
|March 21||April 1||April 8|
|March 28||April 8||April 15|
|April 4||April 15||April 22|
|April 11||April 22||April 29|
|April 18||April 29||May 6|
Please keep in mind that your tax refund is issued by the Internal Revenue Provider, not TaxSlayer or any other filing service.
This implies that your filing agency is unable to provide an accurate estimate of when you will receive your refund. However, you may utilize the IRS’sWhere’s My Refundtool to determine the specific location of your return.
What happens after I e-file?
TaxSlayer time stamps your return and electronically transmits it to the Internal Revenue Service once you file your return with us. The Internal Revenue Service has now received your tax return. They will normally spend the following 24-48 hours to examine your information to ensure that it is valid before processing it. If your personal information matches their records and you haven’t claimed any credits or deductions that necessitate additional investigation, they will accept your tax return as submitted.
Following receipt of confirmation, you may expect to receive your refund in accordance with the timeline outlined above, within a few weeks.
What does it mean when my tax return is accepted?
It implies that the IRS has reviewed your return and found it to be satisfactory after their initial examination. If you get confirmation that the IRS has accepted your return, it means that the IRS has reviewed your return and found it to be satisfactory after their initial inspection. They check your personal information as well as other fundamentals, such as whether or not your dependents have previously been claimed by someone else. Then they have a few days to decide whether or not to issue a refund.
Following the IRS’s approval of your return, they will fund your refund in accordance with the timeline outlined above.
Is it faster to file electronically or mail in my return?
In the majority of circumstances, filing your tax return electronically is more expedient. The IRS gets these returns more quickly than those that are sent in, which reduces the amount of time that elapses from the time you file your return and the time you receive your refund. Make an electronic tax return withTaxSlayerand select direct deposit to receive your refund as soon as possible. More information on the benefits of electronic tax filing may be found in the article 5 Reasons Why You Should File Your Taxes Online.
What tax breaks can affect the timing of my refund?
If you are claiming the Earned Income Tax Credit or the Additional Child Tax Credit, it is possible that your refund may be postponed. According to the IRS, refunds are not normally sent before the middle of February, which implies that your return will most likely come in early March at the earliest possible time.
Should I file my taxes early?
Filing your tax return early might provide you with a number of benefits that will be beneficial to you throughout the tax season. These benefits include less worry, having more time to pay if you owe money on your taxes, and (of course) receiving your return sooner rather than later.
What if I miss the deadline?
Taxes are due on April 18, 2022, which is a Monday. If you file your tax return after the deadline, you may be subject to late filing costs as well as additional penalties. The good news is that if you require additional time to complete your filing, you can request an extension from the IRS. It’s vital to remember that a tax extension does not provide you any additional time to settle your tax obligations. It does nothing more than allow you extra time to file your tax return. In other words, if you owe money on your taxes, you still have until April 18th to make your payments.
If you seek an extension, you will have an additional six months to file your tax return with the Internal Revenue Service. The deadline for submitting tax year 2021 extension requests is October 17, 2022, with no exceptions.
Are there any important tax dates to know?
Yes, it is critical to keep the following dates in mind throughout tax preparation season.
- In the event that you receive a tax bill, the deadline to file and pay it is April 18, 2022. To file an extended tax return, you must do so by October 17, 2022.
For a more comprehensive list of significant tax deadlines, please visit this page. The information contained in this article is current through the tax year 2021. (taxes filed 2022).