Refunds—Is My Check In The Mail?

Often taxpayers are anxiously awaiting a response from the IRS in the form of a check or an electronic deposit. Now the question is, “How long do I have to wait?”

If you filed a complete and accurate paper return, your refund should be issued in about six to eight weeks from the date the IRS received your return. If you filed your return electronically, your refund should be issued in about three to four weeks. If you chose to receive your refund via a direct deposit, your money should be in your bank account even faster.

To check the status of an expected refund you have two options. For those who have Internet access, you can go to the website www.irs.gov and follow the link titled “Where’s My Refund.” After you provide identifying information from your tax return, there are simple online instructions to guide you through a process to check the status of your refund. When the information is processed, you will be given one of several different responses based on the status of your return. These responses include, but are not limited to:

• Acknowledgment that a return was received and is in processing;
• The mailing date or direct deposit date of the refund, or
• Notification that the refund had been returned to the IRS because it could not be delivered.

The second way to check on your refund is to call the IRS toll-free TeleTax System at 1-800-829-4477. This service is available to individual and joint filers who want to check the status of their current year refund. When you call, you will need to provide the first Social Security number shown on the return, your filing status and the amount of the expected refund. If the IRS has processed your return, the system will tell you the date your refund will be issued. TeleTax refund information is updated each weekend. If there is no refund issue date when you call, wait until the next week and try again.

If you would like further information regarding this topic or any other tax related issue, please contact Henssler Financial at 770-429-9166 or experts@henssler.com.

Disclosures

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