Delays for EITC and ACTC Claimants
Delays and Insights for EITC and ACTC Claimants. (PHOTO: Marca.com)
Understanding Tax Refund Timelines for EITC and ACTC Recipients
If you’re getting the Earned Income Tax Credit (EITC) or Additional Child Tax Credit (ACTC) your tax refund might take up to four weeks longer to arrive after the IRS approves it according to the article NBC. Refunds for these credits could start being processed as early as February 27 for people who filed their taxes early and got approval by January 29, 2024. If you chose direct deposit it usually takes 5 to 7 days for the money to show up in your bank account. If you’re getting a paper check it might take 10 to 14 days to arrive in your mailbox.
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Tracking Your IRS Tax Refund and Key Considerations
To track your IRS tax refund, use the ‘Where’s My Refund’ tool or the ‘IRS2GO’ mobile app. Provide details like your Social Security Number, tax year refund amount, and filing status. If it’s been four weeks since approval without receiving your refund, contact the IRS. If you opted for a paper check refund after e-filing, wait an extra week to 10 days before reaching out. Refunds for EITC or ACTC filers may be delayed up to four weeks, with processing starting as early as February 27 for eligible individuals.
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