This is directly from the IRS website: The IRS still anticipates issuing more than nine out of 10 refunds in less than 21 days, but there are some important factors to keep in mind for taxpayers.
The IRS reminds taxpayers that, by law, the IRS cannot issue refunds claiming:
- the Earned Income Tax Credit (EITC) and the Additional Child Tax Credit (ACTC) before mid-February.
- While the IRS will process those returns when received, it cannot issue related refunds before mid-February.
- The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or on debit cards starting on Feb. 27, 2018, if they chose direct deposit and there are no other issues with the tax return.
To read the entire IRS article, click on 2018 Tax Filing Season Begins Jan. 29, Tax Returns Due ... - IRS.gov