File your 2023 taxes efficiently: IRS tips for a speedy refund and easy status checks. Get your money sooner!
Getting Ready for Taxes: IRS Likely to Start Processing Returns Late January. (Photo: Google)
According to Smart News, as tax season approaches, the IRS usually begins processing returns in the last week of January. Even though the exact start date isn’t announced yet, looking at past years gives a good idea.
Waiting for Your Refund: IRS Aims to Give Most People Their Money in 21 Days
If you’re expecting a tax refund, the IRS tries to get it to you within 21 days of getting your tax return. Sometimes, it might take longer if they need to fix something or if you owe taxes from before.
READ ALSO: Hidden Fortune in My Pocket: Unveiling a Rare Coin Worth 30x Its Face Value!
Tips for a Faster Refund: Choose Direct Deposit and Be Careful with Prepaid Cards
To make sure you get your refund quicker, the IRS suggests using direct deposit instead of waiting for a paper check. Also, they say your refund should only go to a U.S. bank in your name or to a prepaid debit card. If you want to check where your refund is, the IRS has an easy tool called “Where’s My Refund,” but when you can use it depends on how you filed—about 24 hours for online filers and up to four weeks for those who mailed their returns.
