When Will I Get My Tax Refund? Here’s What to Expect for 2025
Tax season is officially here, and many Americans are already wondering when they will receive their refunds.
Whether you’re expecting a financial boost or relying on the money to make ends meet, knowing when your tax refund will arrive can be crucial.
The IRS has begun accepting 2024 tax filings, and while the process can be complex, understanding the expected refund timeline and tracking options can make it easier. Here’s what you need to know.
How Long Does It Take to Receive a Tax Refund?
The time it takes to receive a refund depends on how and when you file:
- E-filing with direct deposit: Refunds are typically issued within 21 days of filing, according to the IRS.
- Paper filing: Expect to wait approximately six to eight weeks after the IRS receives your return.
- Accuracy matters: Errors or incomplete filings can cause delays, so ensure all information is correct before submitting.
Can You Track Your Refund Status?
Yes! The IRS provides a tool called “Where’s My Refund” to check the status of your return. To use it, you’ll need:
- Your Social Security Number (SSN) or Individual Taxpayer ID (ITIN)
- Your filing status (single, married filing jointly, etc.)
- The exact refund amount listed on your return
Tracking timelines:
- If you e-file, you can check your refund status 24 hours after submitting your return.
- If you filed a paper return, you’ll have to wait four weeks before tracking.
- The IRS updates refund information once daily, overnight.
When Can You File Your 2025 Tax Return?
The IRS began accepting 2024 tax filings on January 27, 2025. Taxpayers have until April 15, 2025, to file their returns. If April 15 falls on a weekend or holiday, the deadline may be extended.
Special Deadline Extension: Residents impacted by Tropical Storm Helene in Tennessee will have until May 1, 2025, to file their taxes.
Why Tax Refunds Matter
A recent survey by Qualtrics for Intuit Credit Karma found that many Americans rely on their tax refunds due to rising living costs. The survey revealed:
- 45% of those who depend on refunds say it’s due to the increased cost of necessities like housing and groceries.
- 41% cite inflation as the primary reason.
- 37% live paycheck to paycheck and rely on refunds to balance expenses.
- 21% have depleted savings and need refunds to recover financially.
For many, tax refunds are a crucial financial resource. If you want to get your refund as quickly as possible, consider filing electronically and opting for direct deposit. Double-check your filing for accuracy to avoid delays, and use the IRS tracking tool to stay updated.
Got questions or need assistance? Consult a tax professional to ensure a smooth filing experience this season!
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