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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.
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.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.
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.Still have questions?
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