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I filed my taxes on January 20 the wheres my refund it says they recieved it as of yesterday how long till its approved?

Does eic effect the length of time it takes to accept
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2 Replies
MinhT1
Expert Alumni

I filed my taxes on January 20 the wheres my refund it says they recieved it as of yesterday how long till its approved?

The IRS usually issues refunds within 3 weeks of the acceptance of your e-filed tax return.

 

However, the IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting February 28, 2023, if these taxpayers chose direct deposit and there are no other issues with their tax return.

 

This concerns only returns claiming the Earned income Tax Credit (EITC) and the Additional Child Tax credit (ACTC), but not those only claiming the Child Tax Credit (CTC).

 

Please read this IRS document for more information.

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I filed my taxes on January 20 the wheres my refund it says they recieved it as of yesterday how long till its approved?

Yes it does ... all returns with EIC or ACTC on them based on a child will not start processing until mid Feb so don't expect the refund until early March.

 

Otherwise the average processing time is 21 days from acceptance. 

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