The IRS generally issues tax refunds through direct deposit within 21 days of processing your tax return. While the exact day of the week that your refund will be deposited can vary, the IRS typically issues refunds on weekdays, Monday through Friday.
If you choose to have your refund deposited directly into your bank account, you should provide accurate and complete information on your tax return, including your bank’s routing number and your account number. This will help ensure that your refund is deposited correctly and promptly.
It’s worth noting that some banks may process direct deposits over the weekend, while others may only process them on weekdays. Therefore, even if the IRS sends your refund on a Friday, it’s possible that your bank may not make the funds available until the following Monday.
How can I get my tax refund faster?
If you’re looking to get your tax refund faster, there are a few things you can do:
E-file your tax return: Filing your tax return electronically can help speed up the processing time, as it eliminates the need for manual processing and reduces errors.
Use direct deposit: If you choose to have your refund deposited directly into your bank account, you can typically get your refund faster than by mail. Make sure to provide accurate and complete information on your tax return, including your bank’s routing number and your account number.
File early: The earlier you file your tax return, the earlier you’re likely to receive your refund. Filing early can also help reduce the risk of identity theft, as it gives scammers less time to file a fake return using your personal information.
Don’t make mistakes: Errors on your tax return can delay the processing of your refund. Double-check all the information you enter on your return, including your Social Security number and bank account information.
Check the status of your refund: You can check the status of your refund using the “Where’s My Refund?” tool on the IRS website or by calling the IRS refund hotline. This can give you an idea of when you can expect to receive your refund.
