In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year.
How long does it take for the IRS to approve my refund? Only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. Once you are accepted, you are on the IRS payment timetable. If everything looks good, the IRS accepts your return.What are they doing? They are checking your personal information to make sure it matches their records.Then we both wait 24 to 48 hours for the IRS to accept your return.First, we "stamp" the return with an electronic postmark, and then we send it to the government.Here is what really happens when you press that green button and transmit your tax return. The IRS will provide an actual refund date as soon as your tax return and refund are approved.Įver wonder what happens between e-filing your tax return and receiving your refund? You can use the IRS Where’s My Refund? tool or call the IRS at 80 to check on the status of your refund, beginning 24 hours after you e-file.The IRS typically issues refunds in less than 21 days after your e-filed return is accepted.Once your return is accepted, you are on the IRS’ refund timetable.When you e-file, it typically takes 24 to 48 hours for the IRS to accept your return.Subscribe: Apple Podcasts | Spotify | iHeartRadio
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