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That’s according to CPA Practice Advisor, a publication for tax pros, which each year publishes a refund timeline based on averages for IRS refunds over the last 20 years. The outlet said ...
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Federal Tax Refund vs. State Tax Refund. Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal ...
The loan term was usually about two to three weeks, related to the time it took the U.S. Internal Revenue Service to deposit refunds in electronic accounts. The loans were designed to make the refund available in as little as 24 hours. They were secured by a taxpayer's expected tax refund, and designed to offer customers quicker access to funds.
The payment schedule was based on whether the taxpayer's 2007 tax return listed direct deposit information as well as the last two digits of the social security number of the tax return's main filer, with direct deposits being sent between May 2 and May 16, and paper checks being sent between May 16 and July 11. [8]
The survey of 1,000 U.S. adults also found, "of those who depend on their refund to make ends meet, nearly half (45%) say it’s because of the rising cost of living and necessities (i.e. housing ...
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You can get information on your refund 24 hours after the IRS receives your e-filed tax return or four weeks after you mailed a paper return. The tool updates once a day, usually overnight.