This means your tax return is being processed. IRS started processing most returns on January 29th of this year. However, returns with Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) will not be processed until mid-February 2018. First, check to see if your return has been accepted by IRS. To check your e-file status, visit this link:https://turbotax.intuit.com/tax-tools/efile-status-lookup/
If it has been accepted, then you would wait to see if it is approved. As soon as IRS approves your refund then, they will give you the estimated date of the refund and the refund amount.You will not see the estimated date, on the IRS website, until after IRS approves the refund. The entire IRS refund process can take up to 21 days for most taxpayers. You can track your refund at https://sa.www4.irs.gov/irfof/lang/en/irfofgetstatus.jsp
Please visit this webpage to see how the refund process works:https://turbotax.intuit.com/tax-tools/wheres-my-refund/
Related TurboTax FAQ:https://ttlc.intuit.com/questions/2848821-my-return-got-accepted-what-happens-next
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