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IRS Issues Nine Out of 10, namely 90%, of Refunds in Less than 21 Days

posted Jan 29, 2016, 11:18 PM by Zaher Fallahi

WASHINGTON — The Internal Revenue Service (IRS) today reminded taxpayers that it issues 90 percent of refunds in less than 21 days. The best way to check the status of a refund is online through the “Where’s My Refund?” tool at IRS.gov or via the IRS2Go phone app.

"As February approaches, more and more taxpayers want to know when they can expect their refunds," said IRS Commissioner John Koskinen. "There aren't any secret tricks to checking on the status of a refund. Using IRS.gov is the best way for taxpayers to get the latest information."  Many taxpayers are anxious to know exactly when their tax refund money will be arriving, but checking "Where's My Refund" more than once a day will not produce new information. The status of refunds is updated only once a day, every night.  "Where’s My Refund?" has the most up to date information available about your refund. Taxpayers should use this tool rather than calling the IRS and waiting on the line.

Taxpayers may use “Where’s My Refund?”  to start checking the status of their return within 24 hours after IRS has received an e-filed return or four weeks after receipt of mailed paper tax returns. "Where’s My Refund?" has a tracker that displays status through three stages: (1) Return Received, (2) Refund Approved and (3) Refund Sent.

The IRS2Go phone app is another fast and safe tool taxpayers can use to check on the status of their refunds. In addition, taxpayers can use the app to find free tax preparation help, make payments, watch the IRS YouTube channel, get the latest IRS news, and subscribe to filing season updates and tax tips. The app is free for Android devices from the Google Play Store or from the Apple App Store for Apple devices.

Users of both the IRS2Go app and “Where’s my Refund” tools must have information from their current, pending tax return to access their tax refund information. The IRS reminded taxpayers there's no advantage to calling about refunds. IRS representatives can only research the status of your tax refund in limited situations: if it has been 21 days or more since you e-filed your returns, more than six weeks since you mailed your paper return, or "Where’s My Refund?" directs you to contact us. If the IRS needs more information to process your tax return, we will contact you by the US mail.

The IRS continues to strongly encourage the use of e-file and direct deposit as the fastest and safest way to file an accurate return and receive a tax refund. More than four out of five (80%) tax returns are expected to be e-filed, with a similar proportion of refunds issued through direct deposit.

The IRS Free File program offers free brand-name software to about 100 million individuals and families with incomes of $62,000 or less. Seventy percent (70%) of the nation’s taxpayers are eligible for IRS Free File. All taxpayers regardless of income will again have access to free online fillable forms, which provide electronic versions of IRS paper forms to complete and file. Both options are available through IRS.gov.

 

Zaher Fallahi, tax CPA, Esq., assists in tax preparation, OVDP, FBAR, FATCA, and tax audits.  He has been rated 10 by Avvo  http://www.avvo.com/attorneys/90024-ca-zaher-fallahi-1955056.html  , and named a top tax attorney  http://www.ocbar.org/AllNews/NewsView/tabid/66/ArticleId/1631/Coast-Magazine-Names-OCBA-Members-Top-Attorneys.aspx .  About 1.8% of the US lawyers are also CPAs, and Zaher Fallahi is proudly one of them.  Telephones: (310) 719-1040 (Los Angeles), (714) 546-4272 (Orange County), e-mail taxattorney@zfcpa.com

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