You may have submitted your tax return form weeks ago and you still do not have it in your bank account. Read on to learn about tracking your income tax return status and more.
IRS usually has a 21-calendar-day policy in issuing refunds. However, this may take longer in cases of incomplete returns and missing information on your tax forms. The IRS will contact you via mail if they need more information about your tax return.
The 21-day turnaround time starts when the IRS approves your tax return. Note that the count does not start upon submission of your tax return. The IRS will take a few days to review your filed returns before they process it.
Unfortunately, there is no way you can speed up the process. The IRS handles thousands of return applications on a daily basis and they follow certain protocols to make sure all forms are reviewed in a timely manner.
Yes. Where’s My Refund? is a web-based tool you can use to check the status of your returns. You can go online or download the IRS2Go app on your mobile phone to utilize this tool. It allows you to view the latest updates of your return using your SSN or ITIN.
It depends on how you submit your tax return. If you file your returns online, the IRS usually receives your application within 24 hours. If you send it by mail, it usually takes about four weeks from the time you mailed your tax return. You can only track the status of your application once the IRS receives your forms.
There are three possible reasons for this. First, the financial institution you listed might have rejected a direct deposit on your account. Second, IRS may only deposit refunds to accounts under your own name, your spouse’s or a joint account. Third, IRS cannot deposit more than three electronic refunds into a single account.
Before the IRS issues your refund, they will take into consideration any outstanding federal and state income taxes, state unemployment compensation debts, child and/or spousal support, or any other federal non-tax debts, such as student loans. Your tax refund will be used to offset any of these variables. The IRS may also change the refund amount in certain special cases. You will be notified if there are changes in your refund status. Where’s My Refund? will also reflect details about the changes of your status.
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