If you’re claiming the Earned Income Tax Credit (EITC) this tax season, you’re probably wondering when that much-needed refund will hit your bank account. The IRS has started processing tax returns, but for those claiming the EITC, there are specific rules that could delay your payment.
So, when can you expect to receive your refund? Here’s everything you need to know.
Why EITC Refunds Take Longer
Every year, millions of Americans claim the Earned Income Tax Credit, which provides extra financial support for low- to moderate-income workers. However, the IRS is required by law to delay refunds for EITC and Additional Child Tax Credit (ACTC) claimants until at least mid-February.
This rule, part of the Protecting Americans from Tax Hikes (PATH) Act, was designed to prevent fraud and ensure accuracy in tax filings. While it may be frustrating to wait, this delay helps the IRS verify that refunds go to the right people.
When Will You Get Your EITC Refund?
If you filed your tax return electronically and chose direct deposit, the IRS expects most EITC refunds to arrive in bank accounts by March 3, 2025. The IRS will begin updating the status of refunds on its “Where’s My Refund?” tool by February 22, 2025.
However, if you filed a paper return or made mistakes on your tax forms, your refund could take longer. Paper returns typically take six to eight weeks to process, and any errors may require additional IRS review, causing further delays.
IRS Workforce Cuts Could Slow Down Refunds
One potential issue this year is the IRS workforce reduction. Reports suggest that up to 15,000 IRS employees are being laid off due to budget cuts, which could slow down refund processing times. If you’re expecting an EITC refund, it’s more important than ever to file early and accurately to avoid unnecessary delays.
How to Track Your Refund
The best way to keep tabs on your refund is through the “Where’s My Refund?” tool on the IRS website or the IRS2Go mobile app. To check your status, you’ll need your Social Security number, filing status, and exact refund amount. Keep in mind that the tool updates once per day, so there’s no need to check multiple times.
How to Get Your Refund Faster
If you want to receive your money as soon as possible, follow these steps:
- File your taxes electronically – E-filing is much faster than mailing a paper return.
- Choose direct deposit – The IRS processes direct deposit refunds more quickly than paper checks.
- Double-check your return for errors – Simple mistakes can lead to weeks of delays.
Final Thoughts
Taxpayers claiming the EITC can expect their refunds by early March, but delays could happen due to IRS workforce changes, errors in tax returns, or slow bank processing times. If you haven’t filed yet, do it as soon as possible to get your refund on time. And remember, always check the IRS website for official updates on your refund status.
