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New Member
posted Feb 6, 2025 12:53:08 PM

Hi I paid to receive my refund 5 days early does that pertain to people that claimed actc

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2 Replies
Level 15
Feb 6, 2025 1:10:08 PM

I PAID $25 FOR A 5 day early refund

 TurboTax has NO control over the amount of time it can take the IRS to process your tax return and issue your refund.   TT gives you an estimated refund date based only on a 21 day average, which is not a promise from TT or the IRS.

 

Has the IRS accepted your e-file?  

 

First, check your e-file status to see if your return was accepted: 

https://turbotax.intuit.com/tax-tools/efile-status-lookup/

 

 

Has the IRS processed your tax return and provided an issue date for the refund on the IRS refund site?   If so, count backwards on your calendar for those five days and hope for the best..

 

You need your filing status, your Social Security number and the exact amount  (line 35a of your 2024 Form 1040) of your federal refund to track your Federal refund:   

https://www.irs.gov/refunds

 

 Are you subject to the PATH act which means if you are getting earned income credit or additional child tax credit they are required to hold your refund until February 15?

https://turbotax.intuit.com/tax-tips/irs-tax-return/what-is-the-path-act-and-how-may-it-impact-your-...

 

If you are subject to PATH, do not expect your refund before early March.  Be very pleasantly surprised it it comes sooner.

 

https://turbotax.intuit.com/early-tax-refunds/

 

Remember that the “”5 day early” date is based on the date given to you on the IRS refund site—-not the date the TT site shows in your account.   If your refund does not come in five days ahead of the IRS date, they are supposed to cancel the $25 fee.

 

 

 

Expert Alumni
Feb 6, 2025 1:11:07 PM

Due to PATH Act, the IRS holds refunds for EITC/ACTC customers until March 3.  You should still receive your refund 5 days early. This date is calculated based on 5 days prior to when the IRS releases your refund.

 

Please note: If your federal refund is deposited into your selected bank account less than 5 days before the IRS refund settlement date (the date it would have arrived if sent from the IRS directly), then you will not pay the 5 Days Early