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Level 1
February 25, 2020
Question

Tax question

  • February 25, 2020
  • 2 replies
  • 14 views

If the IRS sight says that my refund will be sent to my bank on the 26th, does that mean I’ll get my refund the 26th or it’s just being sent on the 26th and it could take longer for me to receive it? 

2 replies

Level 8
February 26, 2020

That means that the IRS releases the funds on the 26th, however, how soon the funds' deposit to your account, will depend on your bank. Some banks take up to 5 business days or longer to deposit funds. You should contact your bank if you do not receive your funds 48 hours after expected. 

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Level 2
February 26, 2020

When that happens to me I get it around 4 am every year but not this one. On my case could be because I changed my banks.