Q:

What time does the IRS process direct deposit refunds?

A:

Quick Answer

The Internal Revenue Service generally deposits refunds within 21 days of receiving an income tax return. Because the funds are deposited directly into the bank account specified on the return, it is important that the bank routing and account numbers are correct to avoid a delay.

 Know More

Full Answer

To check the status of a refund, visit the "Where's My Refund" link from the IRS home page. This information is available 24 hours after filing an electronic return or four weeks after mailing a paper return and is updated daily. The exact refund amount, filing status and taxpayer Social Security number is needed to obtain the status of a refund.

Learn more about Income Tax
Sources:

Related Questions

  • Q:

    How long does it normally take to get your tax return?

    A:

    Refunds on electronically filed federal income tax returns are issued in 21 days or less for more than 90 percent of returns, according to the Internal Revenue Service. Mailed-in returns take up to six weeks to process. If a refund takes longer than this, check the IRS website.

    Full Answer >
    Filed Under:
  • Q:

    When does the IRS give back refunds?

    A:

    Although the specific time for the IRS to process a refund will always vary, in 2015 the IRS estimated that 90 percent of tax refunds will be processed in 21 days. The IRS recommends that taxpayers file electronically, in order to achieve the fastest refunds.

    Full Answer >
    Filed Under:
  • Q:

    How do you find out the IRS refund deposit dates?

    A:

    Taxpayers can find out the status of their refunds by using the Where's My Refund tool or downloading the IRS2Go mobile app. This is the fastest way to track refunds and see deposit dates, according to the IRS.

    Full Answer >
    Filed Under:
  • Q:

    What does IRS stand for?

    A:

    IRS stands for "Internal Revenue Service." In the United States, the IRS is the federal agency that collects income taxes. "Revenue" in this instance refers to the income the government collects from taxes.

    Full Answer >
    Filed Under:

Explore