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pwalker26
New Member

When it gives you a Estimated federal refund date does that mean the date the federal money will be available in your account

 
3 Replies
NashayLO
Intuit Alumni

When it gives you a Estimated federal refund date does that mean the date the federal money will be available in your account

The estimated date is a calculation Turbotax gives, taking into consideration the day your return was accepted plus the 21 days it takes to be deposited. Please check out this website for more information

https://turbotax.intuit.com/tax-tools/wheres-my-refund/

Check out this website for the actual date https://www.irs.gov/refunds


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Amon1976
New Member

When it gives you a Estimated federal refund date does that mean the date the federal money will be available in your account

Hi I file my 2020 taxes and it's saying, that it's being processed and waiting on a date.. what does that mean & tomorrow will be 21 days

EbonyA
Intuit Alumni

When it gives you a Estimated federal refund date does that mean the date the federal money will be available in your account

@Amon1976 It means that you are waiting to receive an anticipated refund date. Although the IRS provides a guideline of 21 days to release most refunds, some refunds take longer to process based on various reasons including certain credits claimed. The FAQ below serves as a reference:

 

Why do some refunds take longer than others?

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