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Tax Refund Deposit Dates 2024
As announced by the IRS, income tax returns will start to be received and processed on January 29, 2024. Tax filing deadlines in 2024 are set for April 15. If a taxpayer overpays or underreports their income, they will get a check for their federal tax refund.
Tax refunds from the IRS will be issued in 2024 if the IRS meets its goal of processing electronic tax returns in 21 days or less. Refunds for early tax filers can frequently be placed immediately into their bank account and accessed as early as the middle to late-February.
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Please keep reading this post if you wish to know in detail about Tax Refund Deposit Dates 2024 and understand the status checking process.
Tax Return Filing For 2023
Beginning the last week of January, electronically filed income tax returns will be accepted by the IRS. Except for some weekends and state holidays, the tax return filing period runs until April 15.
For the year 2023, you can file returns electronically or on paper, but you have to wait for the return to be authorized. While the clearing procedure for an on-paper return filing takes weeks, it just takes a few days for an electronic refund file.
There is nothing more for a person to do after filing for their 2024 tax refund. If approved by the Internal Revenue Service, refunds are made by paper check or direct deposit, depending on the method chosen.
Tax Refund Deposit Dates Overview
| Post Heading | Tax Refund Deposit Dates 2024 |
| Country | United States of America |
| Provided By | IRS |
| IRS Return Filing Date 2024 | January 29, 2024- April 15, 2024 |
| Refund Issuing Date | Within 21 days of e-filing |
| More Information | Find Here |
What is the Refund Schedule in USA?
For individuals who would want a more precise estimate of when to anticipate returns, the IRS has an approximate refund date chart. Early filers can get their refunds as early as mid-February, so this timing is helpful to them.
The chart provided below shows the anticipated dates for direct deposits; printed checks will be sent out about a week after that.
| E-Filing | Direct Deposit Sending Date | Paper Check Mailing Date |
|---|---|---|
| January 29, 2024 | February 9 | February 16 |
| February 5 | February 16 | February 23 |
| February 12 | February 23 | March 1 |
| February 19 | March 1 | March 8 |
| February 26 | March 8 | March 15 |
| March 4 | March 15 | March 22 |
| March 11 | March 22 | April 29 |
| March 18 | March 29 | April 5 |
| March 25 | April 5 | April 12 |
For taxpayers who claim the CTC or EITC, refunds may not be received for up to one month. There will be a wait in order to allow the IRS time to confirm if you qualify for these credits.
Check Tax Refund Status 2024
To find out the status of your 2024 IRS tax refund, follow the instructions listed below.
- Find the “where’s my Refund” option by visiting the IRS’s official website at https://www.irs.gov/refunds.
- To check the status of your refund, you will need to provide the following details: the precise amount of your return, your filing status, and your social security number.
- The tool is updated once every twenty-four hours, usually at night. You may therefore check for modifications every day.
- The most recent information on your refund is provided, and it typically arrives in three stages: received, accepted, and delivered.
If you mailed a paper return or part of the information you provided was inaccurate, there’s a risk your tax refund might be delayed. For instance, processing your refund might take longer if the Social Security Number or name on your return differs from the information on IRS files.
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The length of time it takes to acquire a refund might potentially be extended by failing to submit extra paperwork or by doing calculations incorrectly.
Final Words
To help people understand the important dates for processing tax returns, the IRS has released the Tax Refund Calendar for 2024, which can be seen on their official website. As to the IRS, most online filers will get their refunds in around 21 days, and if they choose for direct deposit, they won’t have any problems with their tax filing routine.
To speed up the processing of tax returns, the IRS has used new technology. Particularly in light of the delays brought on by the epidemic and backlogs in prior years, these developments are a relief. The authorized IRS mobile app, IRS2Go, may be downloaded from the Apple App Store or Google Play Store. You can trace your return with the assistance of this app.
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