You know the feeling. It’s the end of February and you’re still waiting for your tax refund. You filed your taxes in mid-January and it’s now almost March, but there’s no indication that your money is coming any time soon. Your only hope: that it gets here by April 15th at the latest! But why is there such a delay? To help answer this question and many more, I’ll go over everything we know about how long before you get your refund after filing with TurboTax.
How long does it take for the IRS to process your tax return?
The IRS processing times vary depending on the type of return you file. They also vary depending on which method you use to file your taxes–electronically or on paper. If you’re filing electronically, it can take as little as 8 days for your refund to show up in your bank account or credit card account (though some banks may hold onto it longer). If you’re filing a paper return, however, expect processing times to increase by at least two weeks over those listed above–and possibly up to six weeks!
To get an idea of when you might expect your refund check or direct deposit hit, check out the IRS website’s Tax Refund Schedule page for more details about how long it takes for each type of tax return:
When will I get my refund?
The amount of time it takes for you to receive your tax refund depends on two factors: how soon you file your taxes, and how much money the IRS owes you.
- If you file early, say in January or February, then there’s a good chance that your refund will be processed by April 15th (the deadline). But if you wait until later in the year–say May–then it’ll likely take longer for them to process everything. This can lead to delays in getting your money back into your pocket.
- Another factor is whether or not the IRS owes any interest on top of what they’ve already given out as part of their initial refund amount; this will affect exactly when those funds hit various bank accounts across America depending on which method people choose when they file their taxes online through eFile providers like TurboTax or H&R Block’s software platform called Tax Software For Free With No Credit Card Required!, etcetera…
What if I need my refund sooner?
If you need your refund sooner, there are a few things you can do. First, file early! The earlier you file, the sooner the IRS will have time to process your return and send out your check. If possible, try to file before February 1st (the deadline).
Second, if possible use an electronic filing service such as TurboTax or H&R Block at Home. These services allow people who are new to tax filing or don’t have much experience preparing their own returns an easy way out by doing all of the work for them–so long as they pay for it! Thirdly: If none of these options work for whatever reason (maybe because they aren’t available where I live), then my last suggestion would be trying out TaxSlayer which offers free federal e-filing but charges $15 per state return after that point.”
What can I do to speed up the process?
If you want to speed up the process, there are several things you can do. Filing early will help ensure that your return is processed quickly and accurately. It also ensures that if any issues come up (for example, if someone else already filed under your Social Security number), they’ll be caught before it becomes too late for corrections to be made.
Electronic filing is always best; it’s generally easier for both taxpayers and their tax preparers because there’s no chance of human error from handwriting or errors on forms that could lead to mistakes later down the road when they’re being processed by IRS computers. TurboTax has its own electronic system through which all returns are submitted directly into IRS databases without having anything printed out first–this helps cut down on processing time significantly compared with doing everything manually or through mail delivery methods where there may still be some manual input required after receiving mailed documents back from an agency like TurboTax itself (and even then those could arrive late).
If possible use direct deposit rather than waiting around while checks get printed out somewhere else before finally being sent off via snail mail once everything has been finalized internally within these institutions themselves
If you have a W-2, simply file with TurboTax before your deadline and get your money faster.
If you have a W-2, simply file with TurboTax before your deadline and get your money faster.
The IRS has already begun accepting returns and processing refunds for those who filed early in February. However, if you’re still waiting on your W-2s from employers or other sources, don’t worry! You can still file for an extension until October 15th (or November 1st if you live in Maine or Massachusetts).
If filing early is the best way to get a quick refund this year–and it usually is–then why do so many people wait until April? There are several reasons:
Conclusion
If you’re looking for a fast and easy way to file your taxes, TurboTax is the best option. You can file your return online with TurboTax in minutes and get your refund faster than ever before. Plus, if you have a W-2, simply file with TurboTax before the deadline and get your money faster.
