Tax Refunds 2013: IRS Confirms ‘Less Than 21 Days’ Turnaround

Tax Refunds 2013: IRS Confirms 'Less Than 21 Days' TurnaroundWith the tax filing season starting later than normal this year on Jan. 30, there was some uncertainty as to the impact on the timetable for typical income-tax refunds.

The IRS confirmed Friday in a web page update that taxpayers can expect the standard turnaround time.

This applies to tax returns filed on paper or electronically.

“The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year,” the IRS said. “The same results are expected in 2013.”

As always there are exceptions, especially if a return requires additional review.

The IRS also said that the Where’s My Refund? tool has a new look for 2013.

The tool will include a tracker that displays progress through 3 stages: (1) Return Received, (2) Refund Approved and (3) Refund Sent.

Starting January 30, you can use this tool to check on the status of your refund.

This year, the agency said you will be able to start checking on the status of your return sooner – within 24 hours after the IRS has received your e-filed return, or four weeks after you mail a paper return.

Related Articles

Leave a Reply

© 2015 All rights reserved. · About Us · Terms of Use · Privacy Statement · Entries RSS · Comments RSS
Powered by WordPress