As the IRS begins to issue a huge number of these stimulus checks to reduce the backlog as rapidly as possible, the Tax Refund is making its way into more and more American homes every day.
It is true that many people who have already filed their taxes have yet to receive their refunds, but it is also true that they will soon receive their yearly tax payment.
We can estimate when we will receive the Tax Refund check if we closely monitor the information pertaining to the IRS payment schedule.
Since we might not receive these payments, they shouldn’t be included in our usual budget. However, it’s helpful to know when we can expect to receive the funds.
When can we expect the latest IRS tax refunds?
The day we submit the tax return determines the day we get the IRS payment of the refund.
Nevertheless, we might still run into issues, so even if we filed the tax return three weeks ago, we might not have the funds on hand.
Before accepting the Tax Refund Direct Deposit, the IRS must review all of the supporting documentation.
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Typically, it takes three weeks after we file our tax return.
Date | Direct Deposit Due Date |
February 24 | March 17 |
February 25 | March 18 |
February 26 | March 19 |
February 27 | March 20 |
February 28 | March 21 |
February 29 | March 22 |
March 1 | March 23 |
March 2 | March 24 |
March 3 | March 25 |
March 4 | March 26 |
March 5 | March 27 |
March 6 | March 28 |
March 7 | March 29 |
March 8 | March 30 |
In many instances, the stimulus check is paid by direct deposit.
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We can only enjoy the money as soon as the IRS sends it to us if we have selected this option. If not, it will take us a few days to get the funds in our bank account.
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