No, When you receive confirmation that the IRS or State accepted your return, it means that they have reviewed your return, and it has passed their initial inspection. They verify your personal information and other basic items, like if your dependents have already been claimed by someone else.
After acceptance, the next step is for the government or State to approve your refund.
First they look for things like back taxes and unpaid child support. If they find any debts, they'll offset (reduce) your refund to cover the outstanding amount. Once they are satisfied that you have no outstanding debts, they will approve and then issue your refund.
You can check the IRS website Where's My Refund for your Federal information?
https://www.irs.gov/refunds
If you have a State refund, click on the following link, then click on your State
https://ttlc.intuit.com/community/refund-status/help
