If you are wondering when you can expect to receive your tax refund from the IRS, you are not alone. In past years, the IRS had a publication where you can look this information up. The current version of this Publication 2043, gives one Key Message: "The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected in 2013."
The Internal Revenue service used to have a table where you could look up when your federal tax refund would be deposited in your bank account (by direct deposit), or when your check would be mailed if you e-filed and your refund was accepted within certain dates. Unfortunately, I could not find such a table this year. To give you some idea, you can look at the IRS table from last year.
While it may be interesting information to have, this is the federal government that we are talking about. You should also be able to check the status of your income tax refund using this link. (And of course, en Español: ¿Dónde está mi reembolso?) You will need to enter your social security number, filing status, and refund amount to see your refund status.
I've heard some anecdotal stories about the IRS a long time to process refunds in 2012, so can understand why they decided to do away with the table. I will be curious how the IRS does this time around.
If you haven't prepared your tax return yet, I encourage you to use either TurboTax or H&R Block At Home.
Friday Finances: April 2014 Week 3
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