Where’s my Refund? Updates

When can I file my tax return?

The first day the IRS officially starts approving your 2019 tax return is around January 28, 2020. However, many tax software programs will allow you to complete your return and “file” it starting January 2, 2020. They will then hold the returns until the IRS begins accepting them.

When are taxes due?

The deadline to submit your 2019 tax return and pay your tax bill is ‪Wednesday, April 15, 2020. ‬If you can’t meet the tax filing deadline, you can file for an extension. But the sooner you file, the sooner you can receive your tax refund.

How long does it take to process a tax return?

How long it takes to process a return depends on many factors, including whether you e-file or file a paper return. As you might have guessed, e-filing results in a much quicker turnaround time. Paper returns have to be manually entered into the system and can remain in the queue for several days (or longer) before they can be processed. Of course, the complexity of your return also affects how long it takes to process your return.

How long does it take to receive my tax refund?

The IRS has a goal of getting tax refunds to taxpayers within 21 days. They reach this goal about 90% of the time. In fact, most people receive their refunds in about 10-14 days. In previous years, the IRS created a schedule for when they will send out federal tax refunds via direct deposit or by check. The general rule of thumb is that direct deposits will be sent out a few days before paper checks are sent out (the delay for a paper check can actually take up to one week, depending on how many refunds the IRS has to process).

Are there any expected tax refund delays?

Yes. The IRS is required to hold tax refunds for taxpayers who claim Earned Income Tax Credits and Additional Child Tax credit until at least Feb. 15, 2020. Keep in mind it can still take a week to receive a refund after the IRS releases it. So some people who file early may experience delays while awaiting their refund. Refunds should be processed normally after this date. Also note that new identity theft protection and anti-fraud measures may hold up some refunds, as some tax returns may be held for further review.

2019 IRS E-File Schedule for Direct Deposit and Check Refund Dates

In previous years, the IRS would publish a refund cycle chart showing when a particular tax return would be deposited into a taxpayer’s bank account if they elected Direct Deposit of their refund. This was true if the return was electronically filed and a refund was due to the taxpayer.  However, as a result of numerous fraud issues that have plagued the IRS community over the recent past, they have discontinued the use of this “Refund Cycle” chart and Publication 2043 has been revised.

Check out our 2019 Tax Refund Schedule for an Estimated Direct Deposit Date Here!

Publication 2043 “IRS E-file Refund Cycle Chart” has been renamed “IRS Refund Information Guidelines for the Tax Preparation Community.” The new Publication 2043 is no longer a chart showing the refund cycle time frames. Instead, it provides guidance for taxpayers to check on their refunds. Taxpayers can also go on the IRS website and search “Where’s My Refund” to find information.

*RETURNS THAT CLAIM EARNED INCOME TAX CREDIT OR ADDITIONAL CHILD TAX CREDIT MUST BE HELD UNTIL FEB. 15, AND IRS ANTICIPATES REFUNDS WON’T BE DIRECT-DEPOSITED UNTIL THE WEEK OF FEB. 27.

Please note that the IRS is very clear that you shouldn’t plan your finances in anticipation of having your refund hit your bank account on any specific date. No tax schedule that you’ll see from any source can claim a guarantee of a date on which you’ll get your refund. Estimates like the ones above can be useful for your planning, but make sure you leave yourself some wiggle room in case your luck this tax season turns out to be bad.

2019 Tax Filing Season Important Dates & Deadlines

The table below shows 2019 deadlines for filing 2018 tax returns and requesting extensions. An important point to note is that while you can file your taxes anytime after the beginning of the year, the IRS will not process any returns (paper or electronic) until IRS e-File goes live.

IRS Opening Day

Future Tax Day Observances

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