IRS Refund Schedule 2024, Return Schedule & Direct Deposit Date

IRS Refund Schedule 2024

News: The Internal Revenue Service (IRS) is set to kick off on-paper and electronic filing for the tax year 2023 on January 29, 2024. While the initial filing deadline is April 15, 2024, individuals can extend it until October 15, 2024, by filing for an extension. Stay on top of these dates to navigate the tax season smoothly.

Tentative Refund Schedule

As of now, the IRS has yet to unveil the refund schedule for the tax year 2023. Nevertheless, mark your calendars for the commencement of both electronic and on-paper filing on January 29, 2024. Keep in mind that the following dates are subject to change, so stay tuned for updates as tax season unfolds.

• Accepted By IRS: January 24, 2024
• Approved by IRS: January 31, 2024
• Direct Deposit Sent: February 10, 2024
• Paper Check Mailed: February 17, 2024

How long will it take to receive the IRS tax return 2024?

For the speediest refund experience, consider e-filing. When you choose to file electronically, you can generally expect to receive your refund within a maximum of 21 days, or 3 weeks. Opting for paper filing may add a few extra days to the processing time.

The window for filing refunds for the tax year 2023 is anticipated to open on January 29, 2024. Once your refund is filed, it undergoes three stages: “accepted,” “approved,” and “sent.”

If you file for a refund on January 29, 2024, it will be accepted on the same day. The approval process typically takes around 6 days. If direct deposit is your chosen method, anticipate receiving the refund by February 03, 2024. Alternatively, if you’ve selected a paper check, allow an additional 7 days for the refund to reach you.

What happens after filing the IRS return for the tax year 2023?

Once you’ve filed your tax refund for the year 2023, whether through electronic or paper means, the next step is awaiting approval. Electronic filing typically secures approval in about a week, while paper filing might extend the wait to a few weeks.

After the IRS gives the green light to your refund, it will be delivered through your chosen method—either direct deposit or a good ol’ paper check. No additional steps are needed from your end once the tax refund is filed.

In case the refund takes longer than anticipated, you can always check its status to see if it’s been accepted or if there are any updates in the process. Stay informed and keep an eye on those updates!

How to check the IRS Tax Refund Filing Status?

To keep tabs on your tax refund status for the year 2023, here’s a step-by-step guide:

1. Visit the official website of the Internal Revenue Service (IRS) at irs.gov.
2. Navigate to the “Tools & Applications” section and click on “Where’s My Refund?”
3. On the new page, click on “Check Your Refund.”
4. Choose the tax year as 2023. Provide your Social Security Number (SSN), select your filing status, input the refund amount, and hit the Submit button.

Remember, if you filed your refund electronically for the year 2023, wait at least 24 hours before checking the status. For those who opted for paper filing, you’ll need to exercise a bit more patience—approximately four weeks before you can check the status. Keep an eye on that refund journey!

The anticipated kick-off date for the IRS refund schedule for the tax year 2023 is January 29, 2024. The duration for receiving the refund differs based on whether you filed electronically or on paper. If the wait seems longer than anticipated, it’s crucial to stay informed by checking the status of your refund. Keep an eye on the calendar and those updates to ensure a smooth refund experience!

FAQs

Q: How long until I receive the IRS tax return for the year 2023?

A: If you opt for electronic filing, you can generally expect to receive the refund within a maximum of 21 days. Meanwhile, if you choose paper filing, add a few extra days for processing.

Q: What comes next after filing the IRS return for the tax year 2023?

A: Following the filing of your tax refund, approval is the next step. Once approved, the refund will be delivered through your chosen method.

Q: How do I check the status of my IRS tax refund for the year 2023?

A: Simply visit the official IRS website, head to the “Where’s My Refund?” section, and follow the provided instructions to stay updated on your refund status.