After you file

Jsponger · ‎April 4, 2021

I filed and my return was accepted March 4. It’s been a month (though only 20 business days?) and I haven’t received my federal refund. I did claim the Recovery Rebate Credit; my household did not receive the first payment under Trump but became eligible retroactively under Biden as explained on my tax form. I do believe this is the reason for my delay,and perhaps yours too. However, I did see the following conflicting info on the IRS site:

Processing: Will it take longer to process my return if I claim the credit? (added February 5, 2021)

A5. Claiming the Recovery Rebate Credit on your tax return will not delay the processing of your tax return. However, it is important that you claim the correct amount. Any errors in the credit amount on your tax return will be corrected. Your refund may be delayed while we make any necessary corrections.

The fastest and most accurate way for you is to file is electronically where the tax software will help you figure your Recovery Rebate Credit. Visit IRS.gov/filing for details about IRS Free File, Free File Fillable Forms, free VITA or TCE tax preparation sites in your community or finding a trusted tax professional. The Recovery Rebate Credit Worksheet in the Form 1040 and Form 1040-SR instructions can also help determine if you are eligible for the credit.

Anyone with income of $72,000 or less can file their Federal tax return electronically for free through the IRS Free File Program. The fastest way to get your tax refund is to file electronically and have it direct deposited - contactless and free - into your financial account. You can use a bank account, prepaid debit card or mobile app for your direct deposit and will need to provide routing and account numbers.