Advertisement
taxes

How to Track the Status of Your Refund

You rushed to file your return so you could get a refund quickly. Here's how to find out when you'll get your money.

Yes, plenty of us wait until the last minute to file our tax returns. But some of you probably filled out your forms when you received your W-2 and other documents to get your refund as soon as possible.

If you filed a paper return at the beginning of February, you should be able to check the status of your refund by now by using the Where’s My Refund tool at IRS.gov. Taxpayers who file electronically can get a status update as soon as three days after the IRS acknowledges receipt of their e-filed return.

Advertisement - Article continues below

For those of you yet to file, the fastest way to get your refund is to have it directly deposited into your checking or savings account. You can do so by providing your account information on your Form 1040.

Last year, the total amount refunded to individual taxpayers broke the $300 billion mark for the first time. More than 110 million taxpayers got refunds averaging $2,753.

Sure, it feels great to get a big check you can use to pay down debt, fund a vacation or add to a retirement account. But it means you’re handing over too much money to Uncle Sam – money you could use each month to pay bills, buy groceries, invest in stocks or whatever.

Advertisement
Advertisement - Article continues below

Use our Tax Withholding Calculator to see how much you can add to your paycheck by adjusting your withholding.

Advertisement

Most Popular

12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)
tax deadline

12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)

Between due dates for paying estimated taxes, IRA or HSA contributions, and other deadlines, there's more to do by July 15 than just filing your feder…
July 14, 2020
65 Best Dividend Stocks You Can Count On
stocks

65 Best Dividend Stocks You Can Count On

These 65 Dividend Aristocrats are an elite group of dividend stocks that have reliably increased their annual payouts every year for at least a quarte…
July 8, 2020
91 Top Dividend Stocks From Around the World
stocks

91 Top Dividend Stocks From Around the World

These 91 Dividend Aristocrats, from the U.S., Canada and Europe, are among the world's top dividend stocks for payout longevity and safety.
July 13, 2020

Recommended

Pros and Cons of Getting a Tax Extension
tax deadline

Pros and Cons of Getting a Tax Extension

You can easily extend your tax return due date from July 15 to October 15…but should you?
July 14, 2020
Still Need to File Your Taxes? The Deadline Is July 15
tax filing

Still Need to File Your Taxes? The Deadline Is July 15

H&R Block's chief tax officer Kathy Pickering joins our Your Money's Worth podcast to offer advice for last-minute tax filers. Also, our hosts Ryan Er…
July 14, 2020
12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)
tax deadline

12 Tax Deadlines for July 15 (It's Not Just the Due Date for Your Tax Return)

Between due dates for paying estimated taxes, IRA or HSA contributions, and other deadlines, there's more to do by July 15 than just filing your feder…
July 14, 2020
7 Reasons to File a Tax Return Even If You Don't Have To (Hint: They're Due July 15!)
tax filing

7 Reasons to File a Tax Return Even If You Don't Have To (Hint: They're Due July 15!)

Although you might not be required to file a tax return, it might be wise to file one anyway. Here's a few reasons why.
July 14, 2020