No one can know exactly when your funds will be deposited. Some returns are simple; some returns are quite complex. 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.
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.
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.
You can monitor the
status of your Federal refund at this IRS page below.
http://www.irs.gov/RefundsTo track a state refund:
https://ttlc.intuit.com/questions/1899433-how-do-i-track-my-state-refund
