The 2024 tax season has begun, meaning the IRS will begin accepting and processing 2024 tax refund for the 2023 tax year. The deadline for filing is April 15. Here’s what you need to get your 2024 tax refund up to 5 days sooner.
The three keys to a faster 2024 Tax Refund: Taxpayers should have No errors, e-filing, and direct deposit.
- Simple errors can suspend the processing of your 2024 tax return. These errors include incomplete forms or math errors which may need a manual review. If your 2024 tax return is labeled for possible identity theft or fraud, that, of course, will delay your 2024 tax refund.
- If you file electronically and authorize direct deposit, your 2024 tax refund should appear in your bank account within 21 calendar days. It can take 28 days for mailed returns.
- It’s a simple way to enter your IRS money a few days sooner than if you depend on the mail to submit your taxes and receive your 2024 tax refund.
There’s another way to get your 2024 tax refund faster! This is how!
You can get it up to five days faster and you don’t even need a bank account. Cash transfer apps such as Venmo, Cash App or PayPal can help you process your 2024 tax refund, and they can provide your money sooner than traditional banking services can.