Tax Refunds: IRS hasn’t Changed 21-Day Typical Turnaround

Tax Refunds: IRS hasn't Changed 21-Day Typical Turnaround Even though the Internal Revenue Service plans to open the 2013 filing season on Jan. 30, 8 days later than anticipated because of the last-minute “fiscal cliff” extensions, that doesn’t necessarily mean your tax refund will take longer to process.

The IRS has not said if the customary refund turnaround time has changed from its pre-fiscal cliff position.

“The IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year,” the agency states on its “What to Expect for Refunds in 2013″ webpage. “The same results are expected in 2013.”

The statement has not been modified since Dec. 12, 2012.

However, the IRS stipulates, as it does every year, that it’s possible your tax return may required additional review and take longer than the customary 21 days.

The IRS directs the public to its Where’s My Refund? page to check for the status of their refund.

Where’s My Refund? has a new look for 2013.

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

In 2013, you will be able to start checking on the status of your return sooner – within 24 hours after we have received your e-filed return or 4 weeks after you mail a paper return, the IRS states on the page updated on Dec. 12.

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