Discover How Millions Track Their Tax Refunds Online Instantly!

Article Highlights:

• Where’s My Refund and IRS2Go mobile
• How to Use the Tool
• The Role of Your Social Security Number
• Expected Timelines for Refunds
• EITC and ACTC Delays and Restrictions
• Caution: Potential Delays Beyond 21 Days
• E-File vs. Paper Filing
• Direct Deposit Option  

The "Where’s My Refund" tool is accessible via the IRS website and the IRS2Go mobile app. It provides personalized refund information based on the processing of your tax return. To use the tool, you need to provide your Social Security number, filing status, and the exact whole dollar amount of your expected refund. This information allows the IRS to locate your return and provide an update on its status.

• How to Use the Tool:
  
  o    Access the Tool: Visit the IRS website or download the IRS2Go app on your mobile device.
  
  o    For amended returns, visit: Where’s My Amended Return.
  
  o    Enter Required Information: Input your Social Security number, filing status, and the exact refund amount from line 35a of your Form 1040.
  
  o    Check Status: The tool will display your refund status, which progresses through three stages:
  
  
  § Return Received,
  
  § Refund Approved, and
  
  § Refund Sent.
  
  o    Update Frequency: The tool is updated once every 24 hours, typically overnight, so there is no need to check more frequently than that.

If you e-file your return, you can usually see your refund status after about 48 hours with Where's My Refund? You can get your refund information for the current year and past 2 years. 

• The Role of Your Social Security Number - Your Social Security number is a critical piece of information when using the "Where’s My Refund?" tool. It serves as a unique identifier that allows the IRS to match your inquiry with your tax return. Ensuring the accuracy of this number is vital to avoid delays or errors in accessing your refund status.
  
  
• Expected Timelines for Refunds - The IRS issues more than 90% of refunds in less than 21 days for e-filed returns. However, the timeline can vary based on several factors, including the method of filing and any additional reviews required.
  
  o    Up to 21 days for an e-filed return.
  
  o    Allow4 weeks or more for returns sent by mail.
  
  o    Generally, allow 8 to 12 weeks for an amended return (Form 1040-X) to be processed. However, in some cases, processing could take up to 16 weeks.
  
  o    Longer if your return needs corrections or extra review.

• EITC and ACTC Delays and Restrictions - Taxpayers claiming the Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) should be aware of specific delays and restrictions. By law, the IRS cannot issue refunds before mid-February for returns that claim these credits. This delay is designed to help the IRS prevent fraudulent claims and ensure that refunds are issued accurately.
  
  The delay allows the IRS additional time to verify income and withholding information reported on returns claiming these credits. This verification process helps reduce errors and fraudulent claims, protecting both taxpayers and the integrity of the tax system.
  
  
• Caution: Potential Delays Beyond 21 Days - While the IRS processes most e-filed returns within 21 days, some returns may require additional review, leading to delays. Factors that can contribute to longer processing times include:
  
  o   Errors or Incomplete Information: Mistakes on your tax return can slow down processing.
  
  o   Identity Verification: If the IRS needs to verify your identity, it may take longer to process your return.
  
  o   Complex Returns: Returns with multiple forms or unusual circumstances may require more time to review.
  
  
•  E-File vs. Paper Filing:
  
  o    E-File: Electronic filing is the fastest way to submit your tax return and receive your refund. The IRS processes e-filed returns more quickly, often within 21 days.
  
  o    Paper Filing: Mailing a paper return can significantly delay the processing time. It may take up to six weeks for the IRS to receive and begin processing a paper return.
  
  
• Direct Deposit Option - You can have your refund electronically deposited at no cost into your financial account through the IRS Direct Deposit program. This is a reliable, fast and secure method of getting your refund. You’ll receive your refund quicker than if IRS mails you a check, and you eliminate the possibility of the check being lost or stolen. Direct deposit can be used whether you file electronically or by paper. You even have the option of splitting the refund into up to three accounts. For more information about Direct Deposit, see Get your refund faster: Tell IRS to direct deposit your refund to one, two, or three accounts | Internal Revenue Service

The IRS "Where’s My Refund?" tool is a valuable resource for taxpayers seeking to track their refund status. By understanding how to use the tool and the potential for delays, you can navigate the refund process with confidence. Remember, while most refunds are processed quickly, patience may be necessary if your return requires additional review.

If you have questions, please contact this office.