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.
Once tax return documentation is accepted, individuals can receive their federal refund by direct deposit or a paper check sent by mail. The government also provides the option of applying the refund towards a U.S. Series I savings bond.
To use the "Where's My Refund?" feature, a taxpayer needs to submit her Social Security or Individual Taxpayer Identification number, the precise amount of her refund and her filing status, reports the Internal Revenue Service. The IRS contacts taxpayers if it needs more information.
To use the IRS Where's My Refund tool, enter your Social Security Number, your filing status and the exact amount of your anticipated refund, the Internal Revenue Service explains. From there, you are provided a status update on your refund.
The statute of limitations for an IRS lien is typically 10 years as of 2015, but the collection period can extend beyond the 10-year limit if an installment agreement is in place to extend the statute of limitations up to the 89th day after the installment agreement expires, according to the U.S. In
The average time it takes to receive a refund from the IRS is 21 days after the return is filed, according to the IRS. Taxpayers can check the status of their refunds online at the IRS website.
The IRS refund schedule is a chart based on the deposit cycle of previous years that gives taxpayers a general idea of when to expect their tax refunds after tax returns have been filed and received, The Military Wallet explains. These charts are geared towards those who e-file their tax return, as
Enter your Social Security Number, filing status and exact refund amount into the Where's My Refund tool to track your refund, according to the Internal Revenue Service. For mobile tracking, use the IRS2Go mobile app. Both services allow access to information 24 hours a day, seven days per week.
To use the "Where's My Refund?" feature on the IRS website, the taxpayer needs his filing status, his exact refund amount and either his Social Security number or ITIN, according to the IRS. Once this information has been entered, the feature informs the user that his tax return was received and is
The Internal Revenue Service issues refunds in less than 21 days to nine out of 10 taxpayers, according to its website. Tax returns that require additional review often take additional time to process.