Where’s My IRS Tax Refund ?

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Many taxpayers are excited about their tax refunds, and they want to know how long their wait will be to receive their funds. Governmental entities know that such is the case, and they do their best to process and release the funds as quickly as possible. The government and various agencies have made monitoring easier for most debtors. The length of time that it takes to get information about one’s tax refund depends on the way that person files the taxes in the first place. The following is some detailed information on the matter for consumers who are concerned.

How You File Makes a Difference

The way that a person files the income taxes makes a huge difference in the speed at which the person can check the status of a refund. People who file paper tax returns have to wait much longer than people who file their taxes electronically do. A person who files his or her taxes may have to wait several weeks before the Internal Revenue Service receives the refund. It may take up to four weeks before the Internal Revenue Service updates its computer system with receipt of the income tax documents. An electronically filed return may go through to the IRS the same day. The IRS encourages the debtor to wait at least 24 hours after filing the tax return electronically before he or she checks on its status.

IRS e-file Refund Cycle Chart for 2017

DATE ACCEPTED DIRECT DEPOSIT SENT PAPER CHECK MAILED
Jan 16 – Jan 22, 2017 Feb 3, 2017 Feb 8, 2017
Jan 23 – Jan 29, 2017 Feb 10, 2017 Feb 15, 2017
Jan 30 – Feb 5, 2017 Feb 17, 2017 Feb 22, 2017
Feb 6 – 14, 2017 Feb 24, 2017 Mar 1, 2017
Feb 13 – 19, 2017 Mar 3, 2017 Mar 8, 2017
Feb 20  – 26, 2017 Mar 10, 2017 Mar 15, 2017
Feb 27 – Mar 5, 2017 Mar 17, 2017 Mar 22, 2017
Mar 6 – 12, 2017 Mar 24, 2017 Mar 29, 2017
Mar 13 – 19, 2017 Mar 31, 2017 Apr 5, 2017
Mar 20 – 26, 2017 Apr 7, 2017 Apr 12, 2017
Mar 27 – Apr 2, 2017 Apr 14, 2017 Apr 19, 2017
Apr 3 – Apr 9, 2017 Apr 21, 2017 Apr 26, 2017
Apr 10 – Apr 16, 2017 Apr 28, 2017 May 3, 2017
Apr 17 – Apr 23, 2017 May 5, 2017 May 10, 2017
Apr 24 – Apr 30, 2017 May 12, 2017 May 17, 2017

How to Check the Status of Your Refund

The IRS has created two convenient options by which a consumer can check the status of his or her refund after filing it. The first way is for the person to call on the phone. The phone number to check the status of an income tax refund is 1-800-829-4477. The caller has to have his or her Social Security number, filing status and the exact amount of the tax refund to obtain assistance from an operator. The “Where’s My Refund” online system is a speedy alternative for people who do not want to wait for information. They can access the information 24 hours a day and seven days a week by visiting the dedicated site. The interested person must have the same information as stated before to access the personal information on the tax records. The IRS updates the system once every 24 hours, and they particularly do it overnight. The system displays the refund disbursement process in three parts. First, the system tells the person when the IRS has received the income tax document. Next, the system explains that the processors have approved the return. Finally, the system reports that the refund has been sent to the desired location.

Reasons for Holdup and Reduction of Return

Some unfortunate taxpayers may receive a reduced refund. Other taxpayers may not receive their refunds at all on the date on which they believe they are going to receive it. Examples of some debts that may cause such to happen are child support payments, student loan payments, state taxes, and federal taxes. The debtor has to contact the organization to which he or she owes the debt to find out additional information on it. The IRS will not be able to discuss the information with the person. They are solely responsible for collecting the debt and sending it to the creditor. the creditor will send a letter that informs the debtor of the amount of money that it will take.

Debtors can keep track of their refunds by the above-stated processes. The IRS usually sends tax refunds within 21 days of receipt of the documents, and they send them sooner than 21 days in most cases.