According to the IRS FAQ page, it states:
How long will it take for my status to change from return received to refund approved?
Sometimes a few days, but it could take longer.
One thing that we are seeing is a hold on those claiming EIC or ACTC.
I claimed the Earned Income Tax Credit (EITC) or the Additional Child
Tax Credit (ACTC) on my tax return. When can I expect my refund?
According to the Protecting Americans from Tax Hikes (PATH) Act, the IRS
cannot issue EITC and ACTC refunds before mid-February. The IRS expects
the earliest EITC/ACTC related refunds to be available in taxpayer bank
accounts or debit cards starting Feb. 27, 2019, if these taxpayers
chose direct deposit and there are no other issues with their tax
return.
For more information, please see:
https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
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