Refund Timing for Earned Income Tax Credit and Additional Child Tax Credit Filers
The IRS will begin to ....RELEASE... EITC/ACTC refunds starting Feb. 15. However, the IRS cautions taxpayers that these refunds ...LIKELY... won’t arrive in bank accounts or debit cards until the week of February 27 -- if there are no processing issues with the tax return and the taxpayer chose direct deposit. This additional period is due to several factors, including banking and financial systems needing time to process deposits.
RELEASE... means that they will start releasing it on the 15th.. if not releasing money at least leasing DDD... but I still think that some people will probably be getting their refund on the 15th as well
LIKELY.... means that most likely not everybody will receive theirs the 15 probably the rest will receive it around the 27th.
