Why is TurboTax refund taking so long?
It’s been longer than 21 days since the IRS has received my tax return, and I have not received my tax refund. … Some tax returns take longer than others to process depending on your tax situation. Some of the reasons it may take longer include incomplete information, an error, or the IRS may need to review it further.
Does TurboTax tell you when my refund is deposited?
Yes! You should receive notification(s) from TurboTax (email or text, depending on what you chose when preparing your taxes through the TurboTax software). As for direct deposits, it will generally take your financial institution 1-2 business days before the money is made available to you.
Where’s my refund a refund date will be provided when available?
A refund date will be provided when available.” Exactly mean? After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website.
Can my tax refund be rejected after being accepted?
No. Once your return is accepted by the IRS, it can’t be rejected. If anything, they may send a letter or notice requesting additional support if needed.
What day does TurboTax deposit refunds?
IRS Refund Schedule for Direct Deposits and Check Refunds
The IRS moved to the Modernized E-file System (MEF) in 2013 (2012 tax year). The IRS only issued refunds once per week under the old system. They now issue refunds every business day, Monday through Friday (except holidays).
Does accepted mean my refund is approved?
Accepted means your tax return is now in the government’s hands and has passed the initial inspection (your verification info is correct, dependents haven’t already been claimed by someone else, etc.). After acceptance, the next step is for the government to approve your refund.
Why does TurboTax say my refund was accepted?
It simply means that your e-filed return is being processed and that the government hasn’t approved or rejected it yet. … Once that part’s done, the government approves your refund, which means it’s ready to be deposited or sent.
Why is my refund stuck in processing?
There are many different reasons why your refund may have not been processed yet, but the most common include: Your tax return included errors. Your tax return is incomplete. This could mean that all of the necessary forms were not sent to the IRS for processing.
What does your tax return is still being processed a refund date will be provided when available mean?
After the tax return has been Accepted by the IRS (meaning only that they received the return) it will be in the Processing mode until the tax refund has been Approved and then an Issue Date will be available on the IRS website. … Millions of taxpayers have not yet received there federal tax refunds.
How long does it take to go from accepted to approved?
Once accepted, it can take anywhere from a few days to 3 weeks (21 days) to go from acceptance to approval, and this timeframe is unrelated to how, where, or when you filed, nor is it connected to how quickly you got your refund last year. If your refund is still processing, it has not been approved.
Does processed mean approved?
Refund has been processed means that they have approved and are ready to send you your refund. Your return being processed mean that your tax return is being processed. Your status should change from being processed to accepted and then a date given for your refund. Keep checking each day for that.
How do you check if my taxes were accepted?
Find out if Your Tax Return Was Submitted
- Using the IRS Where’s My Refund tool.
- Viewing your IRS account information.
- Calling the IRS at 1-800-829-1040 (Wait times to speak to a representative may be long.)
- Looking for emails or status updates from your e-filing website or software.