Once your tax return passes verifications, your return is acknowledged by the IRS. The acknowledgement contains a time and date stamp for the IRS receipt of return. You can anticipate your refund in less than 21 days from the time it is acknowledged. In most cases, however, it will arrive much faster. Most taxpayers who e-file can verify the IRS’s “Where’s My Refund” site within 24 hours.
Once your refund is released from the Treasury, the FMS (Financial Management Service) matches the names and Social Security numbers of the taxpayers against a file of individuals who owe other delinquent federal debt, such as student loans, or debt to a state including back child support or back taxes. If your refund clears this procedure, it’s on its way.
If you chose direct deposit, your refund will be sent to your bank account. If you’re expecting a paper check, it might be more than 6 weeks before you receive your refund because you should wait for check to work it’s through the mail system before you receive your refund.
Jackson Hewitt wants you to get all the deductions and credits you’re entitled to! View their list of tax tips and tactics designed to help you reduce your tax burden.