If i chose the 5 days faster selection. Will the path act delay or hinder the selection?

[CatinaT1]

Due to PATH Act, the IRS holds refunds for EITC/ACTC customers until March 3.  You should still receive your refund 5 days early. This date is calculated based on 5 days prior to when the IRS releases your refund.

Here is more information on the 5 Day Early option: 5 Days Early

Please note: If your federal refund is deposited into your selected bank account less than 5 days before the IRS refund settlement date (the date it would have arrived if sent from the IRS directly), then you will not pay the 5 Days Early 

[dspann21]

So, that i have the correct understanding. The Path Act does not affect the 5 days early program and that i should still get my taxes 5 days sooner? 

[CatinaT1]

Yes, 5 day earlier than the date the IRS states on Where's My Refund.

[dspann21]

Thank you so much. I know this question has been asked since the release of the program. Thank you for answers so fast hopefully it solves a lot of people’s questions. 

[Taramg]

LOL they DO NOT hold it until March 3rd. That is their BY DATE. They said MOST will have it BY then if they fall under PATH. That's the latest refund date provided if filing before 2/15 and everything is accurate and you chose DD.

[Sirwafflez]

Ok but I checked on credit karma refund tracking and it says that my federal was sent now is that true or not 

[Kristenbrown454]

If this is true then why did I get an emailfrom turbotax  last week stating no refunds would be deposited till after PATH date? 

[MeredithNaha]

Well ,now I feel like I wasted my money.  Every year since path started ,I get a date  on WMR and my refund hits my checking account days before the date the Irs gives.  Guess, I'll wait and see ...

[LadiiKweenz]

Hi, 
I'm a little confused. I'm in a similar situation. Based on the date given, opted for fund being deposited 5 days earlier and have refund already approved, will refunds be deposited 5 days before the March 3rd date or after? 

[CatinaT1]

Due to PATH Act, the IRS holds refunds for EITC/ACTC customers until March 3.  You should still receive your refund 5 days early. This date is calculated based on 5 days prior to when the IRS releases your refund.

Here is more information on the 5 Day Early option: 5 Days Early

Please note: If your federal refund is deposited into your selected bank account less than 5 days before the IRS refund settlement date (the date it would have arrived if sent from the IRS directly), then you will not pay the 5 Days Early 

[Ghettotaxfacts]

This is not true. They hold the PATH refunds until February 15th. How are you certified to do taxes and don’t know this? They absolutely do not hold them until March 3rd.

[CatinaT1]

If you click on the March 3 link, it will take you to the IRS website where that is stated.

[LadiiKweenz]

March 3rd is listed on the IRS site. It says "by March 3rd", so I'm assuming they may release it earlier? 

[Crystalgreen1328]

Does this count weekends