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How Long Does It Take To Get Tax Refund Back

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Where's My Tax Refund? The IRS Refund Timetable Explained

Updated for Tax Year 2021 / October 16, 2021 10:00 AM


OVERVIEW

Here's what happens when you press that green button and transmit your tax return. Remember, the fastest way to get your tax refund is to e-file and choose direct deposit.


irs tax refund time table


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"Where's my tax refund?"

Ever wonder what happens between efiling your tax return and receiving your refund?
Here is what really happens when you press that green button and transmit your tax return.

  • First, we "stamp" the return with an electronic postmark, and then we send it to the government.
  • Then we both wait 24 to 48 hours for the IRS to accept your return.
  • What are they doing? They are checking your personal information to make sure it matches their records.
  • If everything looks good, the IRS accepts your return.

Once you are accepted, you are on the IRS payment timetable. Only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected for 2021.

Once you have e-filed your tax return, there are a few ways to check the status of your refund:

  • You can use the IRS Where's My Refund? tool (fastest option)
  • Call the IRS at 800-829-1954

The tool will get you personalized refund information based on the processing of your tax return. They will provide an actual refund date as soon as the IRS processes your tax return and approves your refund. Most refunds will be issued in less than 21 days. You can start checking the status of your refund within 24 hours after you have e-filed your return.

Remember, the fastest way to get your refund is to e-file and choose direct deposit.

All you need to know is yourself

Just answer simple questions about your life, and TurboTax Free Edition will take care of the rest.

For Simple Tax Returns Only

The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business.

How Long Does It Take To Get Tax Refund Back

Source: https://turbotax.intuit.com/tax-tips/tax-refund/wheres-my-tax-refund-the-irs-refund-timetable-explained/L9ZoW82cT

Posted by: jentforely.blogspot.com

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