![]() Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN).Head to the IRS website to track your return. With paperwork filed, you can watch your taxes as they're processed and your return is prepared. But be realistic about what you can and can't accomplish when dealing with such a large, federal organization. It's best to be proactive and do all you can to speed the refund process along. Claim an Earned Income Tax Credit, an Additional Child Tax Credit, or an Injured Spouse Allocation, and teams will take more time to process your taxes. In May 2020, 4.7 million returns hadn't been processed yet. In 2020, for example, IRS work was hindered by the coronavirus. Government agencies sometimes face challenges we can neither predict nor solve. Despite all of your hard work, your refund could be delayed due to: You can't control all aspects of your tax refund processing time. If the IRS teams spot a mistake, they'll contact you by mail to investigate, and that could add up to a significant wait time. Ensure you've filled out each line with the correct information. Before you submit any tax documents, go over them carefully. Direct deposit also helps you avoid delays caused by lost or stolen checks. If you use a Current Premium Account, you’ll get your money five days faster than if you use a traditional bank.Įlectronic deposits arrive about a week faster than printed checks. You won't have to wait for a paper check to get printed and mailed to you. Give the IRS your account and routing information, and the funds will go into the account as soon as they're ready. Every item you write on a paper form must be typed into the IRS system, and that takes time.Įlectronic filing goes much faster, and this means you’ll get your money back faster too. Choose paper tax forms, and you'll double your wait time. Take these three steps to speed up the process and get your return quickly: It's reasonable to want it back as quickly as possible. Sign up for a Current Premium Account today to receive your refund faster. As soon as we receive the refund from the IRS, we credit your account. With a Current Premium Account, we get you your tax refund money up to 5 days faster than traditional banks (as long as you set up your refund via direct deposit). And some speed up the process and get their money sooner too. But clearly, plenty of people get their refunds later. More than 90 percent of refunds are issued within 21 days. Any incomplete or incorrect issues on your forms can restart the clock from the time they are corrected. Accuracy: The range doesn’t apply if something about your tax forms is incorrect.Reception: The clock starts ticking when officials get your paperwork, not when you send it.But that's the gap that sits between six and eight weeks. The range: Two weeks can mean a lot to working families.There are a few important things to notice about this statement. In general, the IRS says, refunds are issued between six and eight weeks after the officials receive an accurate tax form. The agency does release ranges of typical release dates, and you can use those estimates as you plan. The Internal Revenue Service (IRS) makes no firm promises about when your tax refund will arrive. Not yet a Current member? Sign up to get your tax refund up to five days faster. If you choose direct deposit, you’ll receive your money sooner than if a check is mailed to you.Īnd we’ll show you how Current Premium members can get their tax refunds up to five days faster compared to traditional banks. There is a time lapse between your tax refund being processed and you actually receiving that money. Several factors play a role, including your filing method, your deductions, and your preferred payment option. How long does it take to get a tax refund?Īnswering that question isn't easy. You've filed your tax paperwork, and then the question begins swirling in your mind. ![]()
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