With the commencement of tax season, numerous refund-starving taxpayers are all set to grab their share of the tax refund as early as possible. They often ask: ‘How fast can I get my tax refund?’ Even after you’ve filed your taxes, it’s quite hard to know how soon you can expect a tax refund.
Getting a rebate on taxes is excellent, but it’s a cherry on the cake if you get it timely. But, it’s only possible if you follow certain guidelines. Here, I’d like to share few points with you to solve some of your queries regarding tax refund. Just have a look below:
What can you expect from the IRS? The IRS claims to release 9 out of 10 refunds within 21 days of filing income tax return. Warning: Tax return that requires further review could take more time to release the refund. Advice: Firstly, file your tax refund electronically using the IRS e-file. This helps in eliminating certain errors that delay refunds. Secondly, receive your refund directly in your bank account with the help of direct deposit. This is the fastest way of getting a tax refund.
Where would you e-file your refund? To file your refund electronically, go to Where’s My Refund?
When can you check your refund? E-filers can check their refund information within 72 hours of filing income tax return with this online tool. On the other hand, paper filers have to wait for 4 weeks to check their refund information.
Attention: The IRS doesn’t guarantee you the exact date when you would receive your refund.
Based on some presumptions, the table below shows that:
When you will get your tax refund:
Date you filed | Refund date if e-filed + direct deposit | Refund date if e-filed + mailed return | Refund date if paper-filed + direct deposit | Refund date if paper-filed + mailed refund |
---|---|---|---|---|
January 19 | January 29 | February 8 | February 26 | March 7 |
February 1 | February 11 | February 21 | March 10 | March 20 |
February 15 | February 25 | March 6 | March 24 | April 3 |
March 1 | March 11 | March 21 | April 8 | April 18 |
March 15 | March 25 | April 4 | April 22 | May 2 |
April 1 | April 11 | April 21 | May 9 | May 19 |
April 18 | April 28 | May 8 | May 26 | June 5 |
*Caution: These are not the exact dates that the IRS will follow. So, you can check with the Where’s My Refund? tool to confirm your personalized refund date.
How can you get your refund fast? You can use e-file instead of paper-file to get a quick refund.
How can you track your refund? With the help of Where’s My Refund? tool you can track your progress through 3 stages - (a) Return Received, (b) Return Approved, and (c) Return Sent.
Why your tax refund gets delayed? The processing may get delayed due to certain circumstances like:
How will you get your personalized refund information? You will require the following things if you want to get your personalized refund information:
How will you check your refund if you don’t have the Internet? If you don’t have access to the Internet, you can still check your tax refund status by calling the IRS Refund Hotline at 800-829-1954 or the IRS TeleTax System at 800-829-4477.
IRS’s first smartphone application IRS2Go help taxpayers to check their tax refund status. If you’re an Apple user, then you can get this app from the Apple App Store. For Android users, you can visit the Android Marketplace to get this app for free.
If you have any question, then feel free to write to us.
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