Tax returns are due today, July 15. If you already filed and paid your taxes, then you are probably expecting a refund. In that case, keep reading to discover some facts you should keep in mind.
Where’s My Refund?
The best alternatives to check the status of your refund are the Where’s My Refund? tool on the IRS website and the mobile app IRS2GO. Both options are managed by the Internal Revenue Service (IRS), so you can trust the information they provide to be safe and reliable.
The tool can provide you with some useful data, including:
- When your tax return has been received.
- When the refund is approved.
- The date the refund is to be issued.
The information on Where’s My Refund? is updated every day, usually overnight, providing you with a projected refund issuance date as soon as it is approved. Note that telephonic assistance is limited at the moment due to the coronavirus outbreak, so don’t contact the IRS by phone unless Where’s My Refund directs you to do so.
Some Essential Information
In order to use the online tool, you’ll need some essential information. Make sure to have the following at hand before accessing Where’s My Refund:
- Social Security number
- Tax filing status (single, married, head of household)
- Exact amount of the tax refund claimed on the return
If you filed your taxes electronically, then you can check Where’s My Refund 24 hours after you receive your e-file acceptance notification.
Factors That May Delay Your Refund
Due to limited staffing at the IRS, you may experience delays in your refund if you filed a paper return. The agency has explained that it will process paper returns in the order in which they arrive, so there’s no need to file a second return or call the IRS.
Finally, consider that there are other factors that may have an effect on the timing on your refund. For example, it takes time for a bank to post the refund to your account or for a refund to be delivered by traditional mail.
Here are some posts you may find useful to learn more about taxes and stimulus initiatives by the IRS.
- 5 tips to keep in mind when you file your taxes
- The options available to those who can’t file or pay their taxes by July 15
- Make sure to do this small thing when you get your Economic Impact Payment
- What to do if you misplace your Economic Impact Payment Prepaid Card?
The IRS regulations are adjusted constantly, so it’s important to stay updated. You can check the IRS website or this blog to get the most recent information related to taxes taxes. Additionally, it’s also a good idea to get advice from an expert who can help you get advantage of the relief initiatives unrolled by the government.
At Meadville Tax Service we have the know-how and the drive to assist you so you can file your taxes efficiently, limiting your tax liability while staying compliant with federal tax regulations.