To get your refund sooner, e-file your return. The status for e-filing your federal return moves along much more quickly than if you mail in your return.
E-file plus direct deposit yields fastest refunds
The IRS also encourages taxpayers to file electronically. While a person can choose direct deposit whether they file their taxes on paper or electronically, a taxpayer who e-files will typically see their refund in less than 21 days.
What should I do? Request an expedited refund by calling the IRS at 800-829-1040 (TTY/TDD 800-829-4059). Request a manual refund expedited to you.
If you qualify for an Early Tax Refund Advance, you could get up to $1,500 as early as December 16, 2024. No Fee Tax Refund Advance is available to qualified applicants starting January 2, 2025.
The best and fastest way to get your tax refund is to have it electronically deposited for free into your financial account. The IRS program is called direct deposit. You can use it to deposit your refund into one, two or even three accounts.
If you'd rather get your refund cash now, you can turn to a tax refund loan (also known as a refund advance loan). This is a short-term loan you can take against a portion of your estimated tax refund, and it's typically offered by your tax preparation service right after you file.
The IRS expects most EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards by February 27 if they chose direct deposit and there are no other issues with their tax return.
Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years. We usually don't go back more than the last six years. The IRS tries to audit tax returns as soon as possible after they are filed.
This IRS initiative provides much-needed financial relief for those who were left out of previous stimulus payments. The $1,400 payment will be automatically issued to eligible taxpayers, offering a seamless way to claim this relief.
Get your tax refund faster through direct deposit instead of by mail. Learn how direct deposit works and what to do if your direct deposit information is incorrect.
The fastest option is to e-file your return and to receive your refund via direct deposit. The majority of taxpayers who choose this option will receive their refunds within 21 days.
The IRS may agree that you have a financial hardship (economic hardship) if you can show that you cannot pay or can barely pay your basic living expenses. For the IRS to determine you are in a hardship situation, the IRS will use its collection financial standards to determine allowable basic living expenses.
TurboTax's fast money offerings include: NEW! 5 Days Early Refund Offering2 - Consumers can get their federal refund delivered 5 days before IRS settlement - guaranteed. For a $25 flat fee, TurboTax delivers the refund into any U.S. bank account in the customer's name whether they file through TurboTax or Credit Karma.
While we can't get you your actual tax refund the same day you file, you could apply for a Refund Advance loan and get money within minutes of filing when you file with an H&R Block tax pro and use H&R Block's Virtual tax preparation service.
Filing season reminders
There is information on Choosing a tax professional, IRS Free File, Answers to tax questions and Tips on filing a return. Taxpayers who file electronically and choose direct deposit typically get their refund in less than 21 days.
If you claim the EITC, your refund may be delayed. By law, the IRS cannot issue EITC refunds before mid-February. The IRS expects most EITC refunds to be available in bank accounts or on debit cards by March 1, if you chose direct deposit and there are no other issues with the tax return.
It can come earlier than the date the IRS provided you because when a company is sending money to your banking institute via direct deposit... in order for it to be available on the date it is posted for... they have to send the electronic transmission at least 24 hours in advance but most send it 48 hours in advance.
The fastest way to get your tax refund is to file your taxes electronically. According to the IRS, electronic filings are processed much faster than paper returns. While paper returns can take six to eight weeks to process, electronic submissions can shorten this time to just three weeks — perhaps less in some cases.
The TurboTax refund advance for a 2024 federal tax refund will not be available until January 2025.
Day of the week for IRS refund deposits
The IRS typically processes tax refunds and executes direct deposit transactions within 21 days after accepting your tax return. It's common for the IRS to issue them on business days, from Monday through Friday.
The return has errors, is incomplete or is affected by identity theft or fraud. The return needs a correction to the child tax credit or recovery rebate credit amount. The return has a claim filed for an earned income tax credit, additional child tax credit, or includes a Form 8379, Injured Spouse Allocation PDF.