Here’s when you should expect to receive your tax refund (2024)

FAQs

Here’s when you should expect to receive your tax refund? ›

We issue most refunds in less than 21 calendar days. However, if you mailed your return and expect a refund, it could take four weeks or more to process your return.

The IRS generally issues refunds within 21 days of when you electronically filed your tax return, and longer for paper returns. Find out why your refund may be delayed or may not be the amount you expected.

Most Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) related refunds should be available in bank accounts or on debit cards by Feb. 27 if taxpayers chose direct deposit and there are no other issues with their tax return.

When to expect your refund. To process your refund, it usually takes: Up to 21 days for an e-filed return. 4 weeks or more for amended returns and returns sent by mail.

According to the IRS, most refunds will be issued in less than 21 days after the return has been accepted. Certain things can affect the timing of your refund, including: How you sent your return – Sending your return electronically allows the IRS to process it faster than if you mail it in.

Refunds to debit cards tend to take between two and five business days, but it can take up to 30 days depending on the company issuing the refund.

Typically, you can expect to receive your refund more quickly via direct deposit than if you choose to receive a paper check. In fact, getting your refund via check can take one month when you e-file and two months when you file by mail.

Why is my refund taking so long? A refund will take longer if you file by mail or don't select direct deposit. In addition, if the return is more complex or corrections are needed, it may slow the process down.

If you file a complete and accurate paper tax return, your refund should be issued in about six to eight weeks from the date IRS receives your return. If you file your return electronically, your refund should be issued in less than three weeks, even faster when you choose direct deposit.

The suggested increments are $1,800 for the 2023 tax year, $1,900 for the 2024 tax year, and $2,000 for the 2025 tax year.

Are tax refunds coming soon? ›

If you e-filed, you can typically expect your refund back within 21 days.

When you electronically file your taxes, the IRS confirms each tax return with an Acknowledgement Record. It will either indicate “Accepted” or “Rejected.” A “Rejected” status will include a description of what needs to be fixed on the return. You'll have to re-file, but you won't have to pay again with 1040.com.

Refund Sent

Updates to refund status are made once a day — usually at night. Even with the January 30 opening of the tax season, we expect refunds to be issued within normal timeframes. The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year.

The IRS expects most EITC and ACTC related refunds to be available in taxpayer bank accounts or on debit cards by Feb. 27, 2024, if the taxpayer chose direct deposit and there are no other issues with the tax return.

24 hours after you e-file a current-year return. 3 or 4 days after you e-file a prior-year return. 4 weeks after you file a paper return.

Some tax returns take longer to process than others for many reasons, including when a return: Is sent by mail. Contains errors or is incomplete. Needs further review in general.

If you e-filed your return and chose direct deposit to receive your refund, you'll usually receive your refund in 8-15 days. However, you should allow an extra 1-5 business days for your bank to process the funds. If you chose the Refund Transfer option, the refund will come from the Axos Bank^®, not the IRS.

If the IRS is reviewing your return, the review process could take anywhere from 45 to 180 days, depending on the number and types of issues the IRS is reviewing.

Information is updated once a day, overnight.