@ally7311 The IRS expects to issue most refunds in less than 21 days after being accepted. Turbotax gives an estimated date based on the IRS's 21 day timeframe. So it all depends on the IRS and how fast your tax return moves along in the system. TurboTax does not receive any updates from the IRS, once your return is accepted.
Once your return is accepted, for the most up to date information regarding your return, please visit the IRS Where’s My Federal Refund? site for updates. Updates are made daily, usually overnight. You may also download the IRS2Go app to check your Federal refund status.
Where’s My Refund? has a tracker that displays progress through 3 stages:
(1) Return Accepted "Received," (2) Refund Approved and (3) Refund Sent.
If your return is processing, during processing, the government reviews your refund. During the review process, they look for math errors on your return (extremely rare in TurboTax) and they also check if you owe back taxes, unpaid child support, or other debts.
If they need to make any corrections, they may offset (reduce) your refund. In some cases, the correction might even increase your refund.
Once that part's done, the government approves your refund, which means it's ready to be deposited or sent. At that point the IRS site will update with a direct deposit date.
Note: Once your refund status on the IRS shows "Refund Sent" it can take 1 to 5 business days for the financial institution to deposit funds into your account.
Please see the links below for more information:
When will I get my IRS tax refund?
Where's My Tax Refund? The IRS Refund Timetable Explained
IRS Tax Season Refund Frequently Asked Questions
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