The tax season heat is on, and good news! The IRS is releasing refunds sooner than expected for many filers. Want to know exactly when your money is arriving? Then see the table below and what is being reported online.
I’ll keep updating the table below and posting IRS screenshots as more confirmed refund payment dates are made available and you can subscribe here to get the latest updates.
|Refund Release Date^
|Payment By Date*
|February 20th and 21st
^ Refund Release Date corresponds to IRS2Go or WMR status moving from Refund Approved to Refund Sent
* Payment By Date = Is the latest when you should expect your refund to be direct deposited into your bank account or debit card. Generally 3 to 5 days after the refund date for electronic payments.
IRS Official update
The IRS posts regular updates on refund processing and so far has processed close to 15 million returns with $1,500 being the average refund payment.
It’s still early in the tax season, but progress and processing so far has been smooth according to the IRS.
If its been more than than a week after your payment date and you haven’t got your refund (and confirmed payment method) you should check your online IRS account for other notices or call the IRS.
What if I Don’t See A Payment Date?
If you don’t see a payment date AND its been more than 21 days since your return was received by the IRS per the WMR or IRS2Go tool (Jan 29th is when tax season started, so the clock starts then), your return may be undergoing further processing or required further ID verification.