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Updated for Tax Year 2022 • October 16, 2022 12:05 AM OVERVIEW Here's what happens when you press that green button and transmit your tax return. Remember, the fastest way to get your tax refund is to e-file and choose direct deposit.
Key Takeaways • When you e-file, it typically takes 24 to 48 hours for the IRS to accept your return. • Once your return is accepted, you are on the IRS’ refund timetable. • The IRS typically issues refunds in less than 21 days after your e-filed return is accepted. • You can use the IRS Where’s My Refund? tool or call the IRS at 800-829-1954 to check on the status of your refund, beginning 24 hours after you e-file. The IRS will provide an actual refund date as soon as your tax return and refund are approved. "Where's my tax refund?"Ever wonder what happens between e-filing your tax return and receiving your refund?
Once you are accepted, you are on the IRS payment timetable. Only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected for 2021. TurboTax Tip: You can use the IRS Where’s My Refund? tool or call the IRS at 800-829-1954 to check on the status of your refund, beginning 24 hours after you e-file. The IRS will provide an actual refund date as soon as your tax return and refund are approved. Once you have e-filed your tax return, there are a few ways to check the status of your refund:
The online tool will get you personalized refund information based on the processing of your tax return. They will provide an actual refund date as soon as the IRS processes your tax return and approves your refund. Most refunds will be issued in less than 21 days. You can start checking the status of your refund within 24 hours after you have e-filed your return. Remember, the fastest way to get your refund is to e-file and choose direct deposit. All you need to know is yourselfAnswer simple questions about your life and TurboTax Free Edition will take care of the rest. For simple tax returns only Real tax experts on demand with TurboTax Live BasicGet unlimited advice and an expert final review. Done right, guaranteed. For simple tax returns only
The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal, or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on taxes, your investments, the law, or any other business and professional matters that affect you and/or your business. How long does it take for the stimulus to come in?Which days are stimulus/EIP payments made and when will they be in my bank account? The above table shows the date payments are issued by the IRS. It generally takes 2 to 5 business days after the start/issue date for the payment to hit your bank account (and 1 to 2 weeks for checks or debit cards).
When can I expect my refund 2022?Overall, the IRS anticipates most taxpayers will receive their refund within 21 days of when they file electronically if they choose direct deposit and there are no issues with their tax return. The IRS urges taxpayers and tax professionals to file electronically.
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