No, when you file, TurboTax gives you an estimated refund date based on the average 21 day time frame for most filers. Once your return has been accepted, only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year.
For the most up to date information after you have e-filed your tax return and its been accepted by the IRS:
The tracker displays progress through three stages:
Return Received (or may say Processing) > Refund Approved > Refund Sent
Updates are daily, usually overnight.
Please see the TurboTax FAQ link below for more information:
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