irs.gov Tax Refund Status : How quickly will I get my irs.gov Tax refund?

irs.gov Tax Refund Status : How quickly will I get my irs.gov Tax refund?

IRS issue most refunds in less than 21 calendar days. However, it’s possible your tax return may require additional review and take longer. Where’s My Refund? has the most up to date information available about your refund.

It is taking the IRS more than 21 days to issue refunds for some 2020 tax returns that require review including incorrect Recovery Rebate Credit amounts, or that used 2019 income to figure the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC).

Many different factors can affect the timing of your refund after we receive your return. Even though we issue most refunds in less than 21 days, it’s possible your refund may take longer. Also, remember to take into consideration the time it takes for your financial institution to post the refund to your account or for you to receive it by mail.

Some tax returns take longer to process than others for many reasons, including when a return:

• Includes errors, such as incorrect Recovery Rebate Credit
• Is incomplete
• Needs further review in general
• Is affected by identity theft or fraud
• Includes a claim filed for an Earned Income Tax Credit or an Additional Child Tax Credit. See Q&A below.
• Includes a Form 8379, Injured Spouse AllocationPDF, which could take up to 14 weeks to process

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 IRS cannot issue EITC and ACTC refunds before mid-February. The IRS expects most EITC/Additional CTC related refunds to be available in taxpayer bank accounts or on debit cards by  March 1, if they chose direct deposit and there are no other issues with their tax return. However, some taxpayers may see their refunds a few days earlier. Check Where’s My Refund for your personalized refund date.

Where’s My Refund? on IRS.gov and the IRS2Go mobile app remains the best way to check the status of a refund. WMR on IRS.gov and the IRS2Go app will be updated with projected deposit dates for most early EITC/ACTC refund filers by February 19.

Will calling you help me get my refund any faster?

No. unless Where’s My Refund? directs you to call us, our representatives will not be able to provide any additional information.

If Where’s My Refund? says that we’re still processing your return, our representatives won’t be able to give you a specific refund date.

Can I use Where’s My Refund? to check the status of a refund on a prior year return.

Where’s My Refund? will usually display the status of your most recently filed tax return within the past two tax years.

For returns filed on or after July 1, refund information will remain available throughout the following year until you file a tax return for a more current tax year.

What is happening when Where’s My Refund? shows my refund’s status as approved?

We’ve approved your refund. We are preparing to send your refund to your bank or directly to you in the mail. This status will tell you when we will send the refund to your bank (if you selected the direct deposit option). Please wait 5 days after we’ve sent the refund to check with your bank about your refund, since banks vary in how and when they credit funds. (It could take several weeks before you receive a mailed refund check.)

I requested a direct deposit refund. Why are you mailing it to me as a paper check?

There are three possible reasons. They are as follows:

• We can only deposit refunds electronically into accounts in your own name, your spouse’s name or in a joint account.
• A financial institution may reject a direct deposit.
• We can’t deposit more than three electronic refunds into a single financial account.