Did you know that 75% of tax filers in the U.S. get a refund each year? If you’re one of them and anxiously awaiting your refund, time is of the essence, especially now. The sooner you file your return, the quicker it’s likely to be processed. The IRS works on a first-come-first-served basis. So, with the filing deadline approaching, it’s crucial to submit your return right away. If you file electronically, you can usually expect your refund within 21 days.
This means most people who filed this way should have already received their tax refunds. If you’re still waiting for yours, it might be because your filing was incomplete or had errors or missing information. So, take a few moments to double-check everything and make sure all the details are accurate. This simple step can speed up the process.
Best tax refund Faster Strategies
Remember, paper filings take longer. It could be up to six months before you see your refund if you filed a paper return. If you want your refund faster, going electronic is the way to go. By acting quickly, making sure everything is correct on your filing, and choosing electronic over paper, you can get your refund sooner.
How to Check the Status of Your Tax Return If you’re keen to see where your return stands, the IRS has a handy online tool called ‘Where’s My Refund?’ It’s easy to use and lets you keep track of your refund.
All you need is your Social Security Number, the exact amount of your refund, and your tax filing status. This information is all on your tax return. And remember, ‘Where’s My Refund?’ becomes available 24 hours after you’ve submitted your filing.
If the IRS finds any errors in your return, the status on ‘Where’s My Refund?‘ will update and let you know what needs fixing. Please note that this tool is only for returns filed electronically.
Using ‘Where’s My Refund?’ is a convenient way to keep track of your tax return and spot any potential errors quickly
Understanding ‘Where’s My Refund?’ Statuses Once your tax return is processed and your refund confirmed, ‘Where’s My Refund?’ will give you the latest updates. Here’s what you can expect: Date of Receipt: The date your tax return was received by the IRS. This means your filing is in and is being looked over. Refund Approval: If you see this status, your refund has been approved. This means the IRS has checked your return and confirmed you’re due a refund. Refund Sent: This tells you that your refund is on its way to your account. The IRS has started transferring the money.
If you’ve filed a paper return and haven’t seen any changes in your filing status on ‘Where’s My Refund?’, you can call the IRS helpline at 1-800-829-4477 for help and to check on your refund status.
Knowing what the different statuses on ‘Where’s My Refund?
When to Call the IRS for Updates on Your Refund If you’re keen to check on your tax return, there are times when you can call the IRS for an update. Here’s when it’s okay to call and what to do: Call 800-829-1040 if: It’s been 21 days or more since you e-filed. It’s been six weeks since you mailed your paper return. ‘Where’s My Refund?’ tells you to contact the IRS. But remember, unless one of these situations applies to you, it’s best not to call the IRS about your tax return status. The representatives might not have any more information than what’s available online.
By following these steps, you can be sure that you’re making the most of your communication with the IRS, and thereby increase your chances of getting timely and accurate information regarding your tax return status.
Also, keep in mind that the IRS representatives are there to assist with specific issues and complex cases. They may not be able to provide real-time updates or general information about your tax return status, especially during peak tax season. To avoid tying up the lines, consider using the ‘Where’s My Refund?’ tool for routine checks on your refund status.
In summary, staying proactive about your tax filing and refund status can make a huge difference. By filing promptly and accurately, opting for electronic filing when possible, and effectively using the resources provided by the IRS, you can help ensure a smoother and quicker tax refund process.
It’s always a good idea to keep an eye on your refund status using the ‘Where’s My Refund?’ tool. However, remember to only call the IRS for specific issues or when directed to do so. Following these guidelines will help streamline the tax refund process and make your tax season experience more manageable.