With tax season well underway, more and more taxpayers are asking the same question. Where’s my tax refund? You’ve done the work to file your tax return. Now, you’re eager to know when your money will arrive.
Once you e-file with TaxSlayer, the status of your tax refund lies in the hands of the IRS. The IRS says it’s issuing 90 percent of taxpayer refunds in less than 21 days. The best way to determine the status of your refund is the “Where’s My Refund?” tool at IRS.gov. You can also use the IRS2Go phone app that’s available for free in the Google Play and Apple App stores.
As the IRS processes your return, the “Where’s My Refund” tool will show the status of your tax refund in three stages: Return Received, Refund Approved and Refund Sent. If your status is Refund Approved, you should see the date when your refund is scheduled to be sent to your bank, and if you chose direct deposit, when the refund should be credited to your account.
You can check the status within 24 hours after the IRS has acknowledge receipt of your e-filed tax return. But it won’t do you any good to check multiple times a day. The IRS only updates the site once every 24 hours, usually overnight. If you filed a paper return, you’ll have to be more patient. Allow 4 weeks before checking on the status.
To use the “Where’s My Refund” tool, you must have information from your current, pending tax return. This includes your Social Security Number, filing status and exact refund amount shown on your tax return.
According to the IRS, you should only call IRS representatives if it has been 21 days or more since you e-filed; more than six weeks since you mailed a paper return; or “Where’s My Refund” directs you to contact the IRS.
The IRS will contact you by mail if it needs more information to process your tax return. It’s possible your return may require additional review and take longer to process.
Check it out! Maybe you’ll get an answer to that irksome question: where’s my tax refund?