If you filed "early" and received notification that you refund was "accepted" by the IRS then sit back, relax, and know it is coming soon. Here is what the IRS does. Actual movement of your approved return didnt begin until yesterday, Jan. 31st. However, to test the strength of their anti-fraud systems, the government DID go ahead and process a few thousand returns prior to the opening date of Jan. 31st. This DOES NOT mean your return will be sent early, but it DOES mean that you will be one of he first to receice your refund. The IRS is working seven days a week to begin the tax season, and the first day that refunds will go out is Wednesday, February 5th. Now...does that mean that in Feb. 5th you will wake up and have your return? No. Last year I actually got it a few days BEFORE. The IRS had sent my refund electronically to my bank on Monday morning...authorized it to be given on that Wednesday, but my bank went ahead and just processed it on that Monday, instead. So...to sum up...if you have already received the approvsl from the IRS please know ITS COMING. And dont rely too much on the "Wheres My Refund" page to determine status...often times it is delayed and not accurate. Hope this helps!!
Once the IRS accepts your efile then your refund will be deposited between 10 to 21days.
Hope this was helpful,Bea
Thanks for choosing TT
I found this posted around this board and I think it helps everyone with the question of when they should expect their money:
***** How WMR Really Works *****
Here is a little light about how the WMR updates work as far as the BAR goes. (The tax topics are updated instantly if you have problem with your return such as offsets, errors, reviews, audits, etc)
1st. Bar – Updates as soon as the IRS Acknowledges your Return
2nd Bar Updates when DDD has not only been approved but your bank has been notified of an upcoming ACH tracking number and receipt number and amount to be deposited ( DDD = =latest possible date for you to withdrawal money from your bank)
3rd Bar updates a few days after themoney hits your bank, and the IRS has received ACH receipt from your bank. These statuses are not real time about the money like I mentioned.
Look more about if you have a Tax Topic other than 152 at this point, if you only see Tax Topic 152 then get some rest, you are approved and your money will hit the bank around the same time you get that 2nd bar (1 or 2 days later at the most if you have SBBT as a middle-man) even then your money will be to you before the DDD says!
Thats how it has always happened for not only my return, but the other 20 returns I file for others also. You will beat yourself up over this stuff for no reason. its not worth it. Quit locking yourself out of WMR you are more updated with statuses from your bank and SBBT than you will be with WMR’s progress bar. Mainly watch for your Tax Topic to change from 152 – if that happens it will mean a problem, but if you were in the test batch you would have already noticed that change by now.
I found this.
turbo tax sent me a confirmation email saying my returns were accepted on jan 29. but the irs where's my refund says it has received my return but not approved. how is this so?
I just got to Refund Approved this morning.
Your tax refund is scheduled to be sent to your bank by Febuary 6, 2014.
If your refund is not credited to your account by Febuary 11, 2014, check with your bank to see if it was received
Exact wording from Where's my refund page. Good luck guys :)
I know the Where's My Refund option on IRS.gov can be frustrating. Despite what it says, it is NOT updated regularly. I know this because last year I received my return by direct deposit before Where's My Refund status was changed to "SENT". Check your account daily. Also, if you filed electronically through TurboTax, you can use this link https://cisc.sbtpg.com/index.aspx to check your refund. It works the same as Where's My Refund EXCEPT, it's the bank that the money is sent to before being transferred to your account via direct deposit...in other words...the go between. This is the additional charge of $29.99 that comes out of your return. Anyway, the bank updates as soon as they receive the funds from the IRS. Hope this is helpful!
I got approved and date for Feb. 6 . Last year it was deposit on the day they gave.
Maybe this will help some....I have a relative who works for H&R Block (I know that's bad). I finally got a hold of her to get some insight. She said that the IRS starting pulling returns to text the system, so even though you got pulled early, your actual processing start time is 1/31, most refunds are sent 8-14 days after that. The IRS normally does refunds in the order that they pulled the returns, but that really doesn't mean anything. If there was a problem, you should get and email or the WMR will say something other then Topic 152. (review, audit, etc.) She said that she has seen over the years that the process once a week, so in HER opinion, the WMR probably hasn't been updated since the past weekend. Nobody has had any changes since 2/2. She checked with h&r block bank and they have not received anything from the IRS as of yet.
It is now Tuesday the 4th....Received my State tax deposited in my bank this Morning...I'm in Ohio, but still no DD on Federal??????I was accepted on the 24th of January and the wwr site still is on first Bar????? anyone else in the same boat.........wow so much for filing early and getting accepted early??????? NOT
The IRS receives returns, processes returns, then approves returns. The processing time varies depending on the complexity of the return and how busy the IRS is (i.e. how many other returns are ahead of yours).
Did anyone use the SnapTax app to submit their 1040? I submitted on 1/22 was accepted on 1/28 with no DD date as of today 2/3
Just curious (and impatient of course lol)
Alright, so I have been paying attention to the flow of my return, and here is the information that I know thus far. The info was gained by studying TT, WMR, and the IRS Transcript Website.
Filed with Turbo Tax on 1/30/2014
Was accepted by the IRS late on 1/30/2014.
Since that date, WMR was on 1 bar stating "We have received your tax return and it is being processed, you should get your refund within 21 days...etc. etc." Up until yesterday, I did not have Tax Topic 152, Refund Information listed. Additionally, when I went to check my transcript, there was no transcript yet available for 2013. It simply had the year with an * next to it and it would only display "Proof of Tax Return Not Filed" or something to that effect.
Yesterday, 2/4/2014, WMR was still on 1 bar but now Tax Topic 152 does show up there. Yesterday I still had no transcript available.
Today, 2/5/2014, I checked WMR and it is still in processing, displaying Tax Topic 152 link. However, when I went to check my transcripts again, it actually exists now. When I click on the year 2013 under return transcript section, I get a new window that displays my actual 2013 transcript, which does include the appropriate and expected return amount, which is around 5k.
Points to note, I did file EIC and Child Tax Credit, standard deduction for married filing joint, 3 children dependents, my wife and myself. No education credits or any other deductions other than listed above.
Here is the strange thing though - On the transcript web page, you can also open a file entitled "Record Of Account" transcript. I did so and was presented with some interesting information. It says Refund Issued : 02-24-2014. This is strange because this is 25 days after I was accepted (significantly beyond the 10-21 day window) and it is on a Monday. I am not sure this should be taken literally though. Here is why:
1.) Why, if it is processed and has no errors, why would they hold it so long (I would think they wouldn't)
2.) The rest of the dates are really strange as well and not accurate, like so:
Tax Return Filed - 20140603(cycle) 02-24-2014 (date)
W-2 or 1099 Witholding - 04-15-2014
Credit to your account - 04-15-2014
Earned Income Credit - 04-15-2014
Refund Issued - 02-24-2014
What does this mean? I have no idea and I am only speculating here. Without seeing any other transcripts I can only guess but I am hoping this is just some weird (and misleading) information and that since my return has obviously been processed and it looks to be approved, then tomorrow I might get updated WMR status. I hope it doesn't actually take until February 24th though. I mean, I absolutely can use the money but don't generally stress about it because it is a government agency and it is what it is, nothing I can do to change when I get it. Hopefully someone who has a DDD for tomorrow can get their transcript and share their findings as I did to see if there is the same discrepancy as well.
My federal return was accepted on the 1.27.14 and I am still at the 'Processing" stage . Its nerve-wrecking when that WMR bar doesnt move to approved and actually give a DD date
I filed the 30th got a text saying it was accepted the 31st. On the irs website it is saying the same processing... but my boyfriend filed a few days before and his dd is feb.6th. does anyone know when the next cycle is? how long does it take to recieve a check once mailed out?
My federal was accepted on February 2. Has anyone with the same acceptance date have any updates or estimated DD's yet?
This is my first year doing them myself. So I'm very nervous/anxious.
I was given a dd date of Feb 6th. Have not received my refund and according to the Bank turbo tax uses when we chose to pay our filing fees with our refund they haven't received it either.
just checked the irs site. didnt expect anything but still processing or dreaded topic 152. But t my surprise i'm getting a d.d on feb 10th. and so is my son. i efiled his on 1/31/14 and mine on 02/03/14. We both got approved by irs and its been d.d on feb 10th but i have a credit union so it will probably be here tomorrow..not counting my blessings though. this whole week as been going bad for me
ok so my return was accepted on jan 25th and i got a DD of 2/6. Well just like you all my money has yet to deposit, well upon calling the IRS they told me that my account would need the full 21 days to finish processing, and also an additional two weeks for any additional processing. My funds have not been sent to SBTPG as of 715pm cst. Do you all think my refund will deposit tomorrow? Can the IRS take back a refund after approving it to process it for additional time after it has already been applied a DDD? SOMEONE HELP MEEEEEE!!!!!!!!
My taxes were approve, the second bar on the federal where's my return. Now I have to wait until Feb 12 before they deposit it in the bank. My state PA processed my state tax and it is on its way. To where I don't know. The federal is going to a third party bank, then to me, but what about the state? Any answers.