You'll need to sign in or create an account to connect with an expert.
You didn't ask any question, so I'll make some comments in general.
No one can know exactly when your funds will be deposited. There are
too many variables including differences in bank processing times once
the IRS sends the funds.
The IRS says 9 out of 10 filers who
efile and choose direct deposit
will get their refunds within 21 days. You can monitor it with the IRS
tool mentioned below. Some returns take longer for additional
processing due to specific items in the return. Some are pulled at
random for more thorough investigation.
NOTE: If you chose to pay any TurboTax fees out of your Federal refund,
that is another link in the chain, since your funds go first from the
IRS to an intermediary bank where the fees are subtracted. Then that
intermediary bank sends the rest of the funds to your bank in a second
direct deposit.
Also, if you have EIC (earned income credit, aka EITC) or ACTC (additional child tax credit), the IRS will not start releasing those refunds until February 15. That means people with those types of credits may not start receiving their refunds until around February 27.
You'll be able to monitor the status of your Federal refund at this IRS page below.You didn't ask any question, so I'll make some comments in general.
No one can know exactly when your funds will be deposited. There are
too many variables including differences in bank processing times once
the IRS sends the funds.
The IRS says 9 out of 10 filers who
efile and choose direct deposit
will get their refunds within 21 days. You can monitor it with the IRS
tool mentioned below. Some returns take longer for additional
processing due to specific items in the return. Some are pulled at
random for more thorough investigation.
NOTE: If you chose to pay any TurboTax fees out of your Federal refund,
that is another link in the chain, since your funds go first from the
IRS to an intermediary bank where the fees are subtracted. Then that
intermediary bank sends the rest of the funds to your bank in a second
direct deposit.
Also, if you have EIC (earned income credit, aka EITC) or ACTC (additional child tax credit), the IRS will not start releasing those refunds until February 15. That means people with those types of credits may not start receiving their refunds until around February 27.
You'll be able to monitor the status of your Federal refund at this IRS page below.How do u count the 21 days is that calendar days or including weekends
The IRS counts all days when they say 21 days, not just business days. That being said, every year, some returns take longer to be processed. Occasionally, much longer.
If you can just put it out of your mind, you avoid a lot of frustration if there are delays.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
jadasharee
New Member
mauralew
New Member
berbellsc
New Member
Justholly
Level 1
unionfan
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.