Where Is My Refund?
The IRS issues billions of dollars in tax refunds to taxpayers every year. Billions more are never received by taxpayers entitled to a refund because of expired “refund statutes” caused by late filing or other preventable errors.
Here are some tips to ensure your refund is timely received:
- Taxpayers can check the status of their refund by using the “Where’s My Refund?” application available on the IRS website.
- In most cases, your refund status will be available within 24 hrs of the IRS receiving your e-filed tax return and within 4 weeks of the IRS receiving your paper tax return.
- Refunds are usually issued within 21 days, and you can elect to have the refund mailed to your last known address or deposited directly into your bank account.
- For a faster refund, avoid common tax return errors such as an incorrect Social Security Number, Address, or Bank/Routing Number, if electing direct deposit.
- Bear in mind, in some cases, delays can also be caused by periodic IRS fraud reviews or last-minute system updates due to tax law changes, such as the historic Fiscal Cliff or Obamacare legislation.
- Taxpayers should also be aware their IRS refund can be subject to an automatic offset against back taxes or other federal or state debts.
- Filing a late tax return can also mean surrendering your refund, as the IRS gets to keep any refund if the tax return was filed after three years from the original due date. The IRS refers to this as the “Refund Statute Expiration Date”, or RSED.
- To check your refund status in the State of California, click here.
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