One of the most common tax season questions is how long it takes to receive a refund. In this short article we will go over the timeline of receiving your tax refund.
Average Refund Timeline
For electronically filed returns with direct deposit, most refunds are issued within 21 days. Paper returns may take significantly longer.
Factors That Can Delay Refunds
Refunds may take longer if:
- Errors are found on your return
- Identity verification is required
- You claim certain credits, such as the Child Tax Credit
- You filed a paper return
Tracking Your Refund
The IRS provides the “Where’s My Refund” tool to check your refund status.
Speed Up Your Refund
E-filing and direct deposit are the fastest ways to receive your refund. BD Tax & Accounting LLC ensures your return is submitted correctly to avoid unnecessary delays.