With tax season in full swing, many Americans are wondering when their refunds will arrive. If you’ve already e-filed your tax return or plan to do so soon, the IRS has a timeline you can follow to estimate when the money will hit your bank account. Here’s a closer look at the refund process, potential delays, and tips to get your refund faster.
How Long Does It Take to Get Your Refund After E-Filing?
The IRS aims to process most refunds within 21 days of receiving an electronically filed return. This timeline applies to those who e-file and choose direct deposit as their refund method.
For example, if you e-file on January 20, you could see your refund deposited into your bank account as early as February 10—assuming there are no delays or issues with your return.
However, if you filed by paper, be prepared to wait longer. Paper returns typically take six to eight weeks to process, making e-filing the fastest and most efficient option.
What Could Cause Refund Delays?
While the majority of refunds arrive within 21 days, several factors could slow things down:
- Errors or incomplete returns: Mistakes, such as incorrect Social Security numbers or math errors, can lead to delays.
- Credits that need extra verification: If you’re claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC), the IRS may take extra time to review your return.
- Identity verification issues: If the IRS suspects potential fraud or identity theft, they may need additional time to verify your identity.
- Paper returns: Filing by paper adds weeks to the process, so switching to e-filing is highly recommended.
How to Track Your Refund
The IRS provides a handy tool called “Where’s My Refund?”, available on its website and through the IRS2Go mobile app. You can check your refund status as soon as 24 hours after e-filing or four weeks after mailing a paper return.
To use the tool, you’ll need:
- Your Social Security Number or Individual Taxpayer Identification Number (ITIN)
- Your filing status (single, married, etc.)
- The exact refund amount listed on your return
The tool will show three statuses:
- Return Received
- Refund Approved
- Refund Sent
Checking daily can help you stay updated and avoid unnecessary delays.
Tips for Getting Your Refund Faster
To ensure your refund arrives as quickly as possible, follow these tips:
- E-file your tax return: Electronic filing is faster, more secure, and less prone to errors than paper returns.
- Choose direct deposit: The fastest way to receive your refund is to have it deposited directly into your bank account.
- Double-check your information: Make sure you enter your details correctly to avoid processing delays.
- Submit your return early: The earlier you file, the faster you’ll get paid, especially if there are no errors on your return.
What to Do If Your Refund Is Delayed
If it has been more than 21 days since you e-filed or six weeks since you mailed a paper return, you can call the IRS at 800-829-1040 for assistance. Before calling, be sure to check the “Where’s My Refund?” tool for updates, as the IRS regularly updates the system with new information.
Key Takeaways:
- Most refunds from e-filed returns are processed within 21 days.
- Direct deposit is the fastest way to get your refund.
- Errors, missing information, and identity verification issues can delay payments.
By e-filing and choosing direct deposit, you’ll maximize your chances of receiving your refund as quickly as possible this tax season.
