The deadline to file tax returns isn't until April, but taxpayers appear to be filing early and are already asking, Where's my refund?"
“Due to the large number of inquiries and to avoid service disruptions, the IRS strongly urges taxpayers to only check on their refunds once a day,” the IRS said, according to a report by Accounting Today. “IRS systems are only updated once a day, usually overnight, and the same information is available whether on the Internet, IRS2go smartphone app or on IRS toll-free lines. While 'Where's My Refund?' is updated nightly, your account will not change that frequently.”
According to the report, nine out of 10 taxpayers typically receive refunds in less than 21 days when they use e-file with direct deposit.
The IRS offers the following information to help taxpayers with refund questions:
- Have the right tax information ready before using any of the IRS refund tools. This includes Social Security number, filing status and refund amount.
- You don't need to check “Where's My Refund?” more than once a day, as your information will not change.
- To avoid system delays, the best time to check on refunds is evening and weekends.
- There is no need to call the IRS about your refund, as the telephone service has the same information that is available on the “Where’s My Refund?” tool.
Have you already filed your tax return? Tell us in comments.