
If you find yourself in a financial pinch or eagerly anticipating your tax refund, the wait for it to arrive can be quite challenging. Whether you’re in dire need of the money or simply excited to put it to good use, it’s only natural to want to know when you can realistically expect to receive it. Thankfully, the Internal Revenue Service (IRS) has developed an online tool specifically designed to make it easy for you to check the status of your refund. In case your refund doesn’t show up within the expected timeframe, there’s a procedure in place to help you track down any missing refunds.
“Where’s My Refund?” Online Tool
The IRS indicates that it will pay most refunds within three weeks if you choose direct deposit and have filed your tax return electronically. Refunds can take six to eight weeks if you file a paper return. Where’s My Refund? on the IRS website to check the status of your refund. The tool is updated every 24 hours. You will need to have some information on hand:
1. Your Social Security number or Employer Identification Number as it appears on your tax return
2. The filing status you claimed on your return: single, head of household, married filing jointly, married filing separately, or qualifying widow(er)
3. The exact refund amount as shown on your tax return
If your refund is approved, you should see an estimated date for deposit into your bank account. There should also be a separate date for when you should contact your bank if you have not received your refund by then.
Where Is My State Tax Refund?
Each state uses a slightly different system for taxpayers to check the status of their state tax refund. In general, however, there are two pieces of information you need to verify your refund. The first important piece of information is your Social Security Number (SSN). If you do not have an SSN, you can use a few different types of IDs in most states. One common type is an Individual Taxpayer Identification Number (ITIN). If you file a joint return, use the ID number that appears first on the return.
State Income Tax
If your state collects income taxes, it is possible to check the status of your return online. In some states, you can also get information by calling an automated telephone service. Typically, you will need your Social Security number (or other official ID number) and the amount of your return to check the status of your return.
If you expect a refund, you may have to wait as long as a few months in some states. Taxpayers who file electronic returns and choose direct deposit can expect the fastest turnaround times. Filing a paper return or opting for a paper check will delay your return.
Checking Status Online
Additionally, checking the status of your tax return online can also help you detect any potential issues or errors early on. If there is a discrepancy or problem with your return, you can take steps to resolve it quickly before it becomes a bigger issue.
The online status check will usually provide information on the current status of your return, any actions required on your part, and an estimated date for when you can expect to receive your refund or resolve any outstanding issues. Overall, taking advantage of online tax return status checking is a proactive way to stay on top of your taxes and ensure a smooth and stress-free experience.
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