It’s that time of year once again, and we’re happy to help you learn when you will receive your Federal and State (where applicable) refund! Our comprehensive guide shows how to find an accurate best-case estimate of your refund deposit date.
The federal and state refund date considers many factors used to determine if it makes it to you in a timely fashion or delayed. There’s a certain bit of anxiety for most people around tax time and it’s understandable. Who doesn’t want to get their refund as soon as they can?
Federal Tax Refund
Here is a breakdown of estimated normal turnaround time for tax refunds according to the IRS:
- 24-48 hours after e-filing, IRS should receive your return
- 2 days after IRS receives your return, they approve refund
- 19 days after your refund gets approved, it is sent or deposited
Note: After confirmation of receipt from the IRS, you can track your refund at the Where’s My Refund status page on IRS.gov.
Before you attempt to go there, be sure to allow pop-ups from that site. This ensures a smooth experience.
Steps to Receive Your Federal Refund Status
- Please write down your refund amount or memorize it. Trust us, you will memorize this one!
- In the Social Security Number box, enter your entire number
- Check the correct filing status for your return. Make sure this is correct!
- Enter the exact whole dollar amount in the Refund Amount box. Don’t worry about rounding. Just drop the cents from the refund amount.
- Click submit and wait for the result.
If they accepted your return but the refund is not yet approved, the status page updates you. When your refund gets approved, your status changes and advises you of the date to expect the deposit.
Note: There is no need to check the status page more than once per day because it’s updated every 24 hours. Too many attempts get you locked out until the next 24-hour period begins.
Also, if your status seems to never change, it’s possible your browser stored the cookie generated from the status page and is repeating the same information over and over. To stop this, clear your browser cache and cookies, then try checking for an update again.
Another reason for your status to stall and is forever processing, your refund might be delayed. Your status updates you, but never soon enough!
A Delayed Refund – Some Common Reasons
Nobody on the planet likes to hear their refund won’t arrive on time. What’s worse is finding out a silly oversight caused it.
- According to TurboTax, missing information on your return puts it in the slow lane for further review increasing turnaround time. Take heart, we make sure your return is accurate before it’s filed.
- Yet another irritating and avoidable mistake slowing down processing your refund is math errors. Today’s tax returns are complicated and require experts to complete them error-free.
- We check your return for errors or omissions and bring them to your attention before filing. You always have full control over the process while we do the heavy lifting of calculations and checking correctness of entries. One example of a glaring error is an incorrect Social Security Number.
If your name and Social Security number don’t match, they reject the return before it’s filed, allowing for corrections. If that error gets missed, they will delay your refund.
State Income Taxes
To be sure, state income taxes are separate from federal income taxes, and each state’s government determines their level of income taxes independent of federal laws. Taxes paid in your state vary based on where you live and work.
States follow the federal tax system as both use a progressive tax system, which means the more money you make the more taxes you pay. Some states also have what’s called a “flat tax”. Here, you pay a set percentage of your income regardless of how much you earn.
In 2019, eight states use the flat tax system. The states are: Colorado, Illinois, Indiana, Massachusetts, Michigan, New Hampshire, Pennsylvania, and Tennessee. The rate of three percent is the lowest in Tennessee, and the highest is 5.10 percent in Massachusetts.
Some folks around the country never deal with state income taxes! Seven states in the United States don’t enforce an individual state income tax, saving people money and hassle come Tax Day every April 15th. Those states are:
- South Dakota
State Tax Refund
Unlike the IRS and their easy-to-find Where’s My Refund page for refunds, it takes a little digging to find the same for each state. We’ve done all the searching for you. Here’s a complete 50 state list of links to check the status of your state refund.
Remember to follow instructions for your state and please be sure to have your exact whole dollar amount of your expected refund handy. Double-check your entries for an accurate status update. Good luck!