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Per the IRS website:
What is happening when Where’s My Refund? shows my refund’s status as approved?
We’ve approved your refund. We are preparing to send your refund to your bank or directly to you in the mail. This status will tell you when we will send the refund to your bank (if you selected the direct deposit option). Please wait 5 days after we’ve sent the refund to check with your bank about your refund, since banks vary in how and when they credit funds. (It could take several weeks before you receive a mailed refund check.)
https://www.irs.gov/refunds/tax-season-refund-frequently-asked-questions
Or do you mean Accepted (received)? Approved is a later step.
Approved means they are preparing to send your refund to your bank or directly to you in the mail.
Accepted means your return was received by the government and the basics like your social security number seem to be in order.
After acceptance, the next step is for the government to approve your refund.
Please see the TurboTax FAQ below for more information:
https://ttlc.intuit.com/community/tax-topics/help/what-does-accepted-mean/00/966841
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