The IRS is limiting the number of direct deposits that go into a single bank account or prepaid debit card to three tax refunds per year.
With refund season well underway and the average tax refund being close to 2,800 last tax season, we are hearing the common tax season question: Wheres My Refund?
If you philippine sweepstakes swertres result file a paper return, itll probably take more like six to eight weeks to get your refund, which is just one reason why it pays to file electronically.
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You can check your refund status within 24 hours after we receive your e-filed return, or about four (4) weeks after mailing your paper return.
If you opt to send in a paper return, however, youll typically need to wait four weeks before checking up on your tax refund.
Check it out here.Youre probably just like.To reduce your chances of making a mistake on your taxes, consider filing electronically rather than by mail.If your refund is relatively high, you might consider adjusting your W-4 to have less money taken out of your paychecks for taxes.Federal Income Tax Refund Calculator: There are many refund calculators out there, such as the turbotax tax calculator.The IRS isnt exactly known for making life easy for taxpayers, but if youre waiting on a refund, you can go online and quickly find out what its status.
More details available here.