We will show you how to track your tax refund for 2020.
Sarah Tew / Have you ever sent your data to the IRS Tax return 2020 ? Do you submit your federal tax forms soon after searching for the last of your tax documents? Or maybe you want request extension because you need a lot more time to put everything together? Whatever your situation, we explain how to track the status of any tax refund you may be owed , if you have already deposited or plan to do so.
You have several good reasons to file your declarationion earlier this tax season: the earlier you submit your taxes, the sooner you could get your tax refund for 2020 , of course. But you can also claim any Missing stimulus check that you are owed on your ta xes as target Recovery of discount credit . Our table below shows some dates you can expect to see your tax refund.
If you want a faster refund, you should configure a direct deposit and deposit electronically instead of following the paper way - you can start tracking your payment within 24 hours of e-filing. This year in particular, the IRS is asking taxpayers to avoid filing paper returns , if possible, so as not to aggravate a current delay caused by a backlog of last year, when tax due date has been extended due to COVID-19 pandemic . Democrats suggested data Extending the filing deadline for tax returns this year too , The Hill reported.
Right now, we've got two tools for you to help you track your 2020 refund after you return your tax return. But you can also keep in mind that the fiscal period could affect your payment for a third stimulus check until 'at $ 1,400 per person . Here's everything we know about when your third check might come and how that could be more targeted , which could disqualify more people . This story is updated frequently.
2 IRS tools can help you track the status of your tax refund. Here's how to use them
There are several things you will need to track the status of your tax refund: your social security number or tax ID number, your filing status - for example, single, married, or head of household - and the exact amount of your full dollar refund, which can be found on your tax return.
Using the IRS tool Where is my refund , enter your social security number or ITIN, your deposit status and the exact amount of your refund, then press Insee . If you have entered your information correctly, you will be taken to a page showing the status of your refund. If not, you may need to validate your personal tax data and try again. If all of the information looks correct, you will need to enter the date you filed your tax returns, as well as how you filed your return, either electronically or on paper.
'is also a mobile application that you can use to check the status of your tax refund called IRS2Go , which is useful if you are constantly checking when your refund will arrive.
The IRS updates the data in this tool overnight every day, so if you don't do this a stat changeut after 24 hours or more, come back the next day.
Now playing: Look at this: Stimulation test # 3: What you need to know 2:59 What your message meansCurrent Tax Refund Status
When you review your tax refund status in the IRS tool, you will see one of three messages.
- Receipt : The IRS now has your tax returned and is working on processing it.
- Approved : The IRS has confirmed the amount of your refund.
- Sent: your refund is now on its way to your bank or by check to your home. (Here is how change your address now if you've moved .)
When you might receive your tax refund: Potential dates
The IRS says it issues most tax refunds within 21 days, but many people will get their refunds much later.ôt. It may take longer for the IRS to send your tax refund if there is an error, or if you have filed for an earned income tax credit or the Credit d ' children's tax .
But it also depends on how you filed your return.
For example, if the refund gets deposited directly into your bank account , it may take an additional five days for your bank to recognize it This means that if it took the IRS 21 days to issue your check and your bank five days to mail it, you might be waiting 26 days in total to get your money back. is wheretracking your refund is helpful.
If sent by mail, IRS says it could take six to eight weeks to arrive. Here are some possible dates you could receive your refund depending on when you deposited.
When your tax refund might arrive
If you file on that date | This is the earliest | This is the last |
February 14 | February 21 | March 7 |
March 1 | March 8 | March 22 |
April 1 | April 8 | April 22 |
April 15 (last day on file) | April 22 | May 6 |
October 15 (last day with extension) | October 22 | November 5 |
Should you call the IRS to inquire about your tax refund status?
Although you can call the IRS to check your status, the agency 's live phone support is extremely limited at this time, so you can wait on hold while talking to a representative. In addition, 2021 the deadline is to file your tax return , comment claim an absence the stimulus money on your taxes and the real reason you should sign up for direct deposit on your 2020 taxes .