By Leslie Munas
Manager, Tax Services
Email Leslie
Waiting on a refund of any kind is usually a stressful situation. Fortunately, the IRS has made it easier when it comes to tax refunds, which should provide some relief right now in the midst of tax filing season.
Among other things, the new and improved Where’s My Refund? tool alleviates anxiety by providing a more detailed refund status. While the previous version of the tool noted only that a tax return was accepted or in process with a refund issued, the current iteration allows users to see:
- The refund amount
- The date the refund is scheduled to be sent to their bank
- Whether they’ll be receiving the refund via mailed check or direct deposit
- Whether the IRS needs them to respond to a letter requesting additional information
The Where’s My Refund? tool is now available through the quick and easy IRS2Go app. You can check your refund status within the following time frames:
- 24 hours after the IRS receives your 2023 e-filed return
- Three to four days after you e-file a 2022 or 2021 return
- Up to four weeks after mailing a paper return
To use Where’s My Refund?, taxpayers must enter their Social Security or Individual Taxpayer Identification number, filing status and the exact whole dollar amount of their expected refund from the original tax return for the year they’re checking.
While the IRS issues more than nine out of 10 refunds in less than 21 days, it’s important to note that they may get delayed for the following reasons:
- The tax return has errors, requires additional review or is incomplete.
- The return needs a correction to the Earned Income Tax Credit (EITC) or Additional Child Tax Credit.
- The time between the IRS issuing the refund and the bank posting it to an account may vary since processing times fluctuate.
If we can assist you further with refunds or any other tax-related matters, please call us (317) 608-6699 or email Leslie.