How Long Will it Take To Get Your Tax Refund?

How Long Will it Take to Get My Tax Refund?

Where’s my tax refund?

According to the IRS, they will issue “most refunds in less than 21 days”. The IRS is not going to release a tax refund table like they have in the past. However, as a rough guide, we are presenting our estimate and the 2013 table for reference.

Get a Bigger Refund Next Year

Even though you’ve probably filed your tax return for 2013, keep in mind that if you open up a traditional IRA, you’ll be able to write off up to an additional $5,500 (or more) in revenue every year. IRA accounts can be opened in a variety of ways in a variety of places so if you’re new to the benefits an IRA account can provide, Mint.com and their IRA wizard is a good place to start.

As we’ve noted in previous years, a large percentage of people get a tax refund each year. Somewhere around $2,000 per tax filer. As you can imagine, many people are itching to get this money back from the IRS to put it to use. Better to be back in your hands than let the IRS have it another day, right?

If You e-filed Your Tax Return

So how do you find out when your tax refund check will be mailed, or when your direct deposit will be sent? If you e-file, it’s very easy to find out. You have a couple of tools at your disposal.

First, the IRS’s “where’s my refund?” site or mobile version of this site, the IRS2Go App for iPhone and Android are great places to find out where you refund is. You can also call the Refund Hotline at 800–829–1954. The IRS suggest waiting 72 hours after your return has been e-filed to start checking on the status.

Secondly, you could take a gander at the estimated 20143 IRS e-file refund cycle chart:

Transmitted and Accepted by IRS betweenDirect Deposit SentPaper Check Mailed
January 31 and February 6, 2013Wednesday, February 13, 2013Friday, February 15, 2013
February 9 and February 13, 2013Wednesday, February 20, 2013Friday, February 22, 2013
February 16 and February 20, 2013Wednesday, February 27, 2013Friday, March 1, 2013
February 23 and February 27, 2013Wednesday, March 6, 2013Friday, March 8, 2013
March 1 and March 6, 2013Wednesday, March 13, 2013Friday, March 15, 2013
March 8 and March 13, 2013Wednesday, March 20, 2013Friday, March 22, 2013
March 15 and March 20, 2013Wednesday, March 27, 2013Friday, March 29, 2013
March 22 and March 27, 2013Wednesday, April 3, 2013Friday, April 5, 2013
March 29 and April 3, 2013Wednesday, April 10, 2013Friday, April 12, 2013
April 5 and April 10, 2013Wednesday, April 17, 2013Friday, April 19, 2013
April 12 and April 17, 2013Wednesday, April 24, 2013Friday, April 26, 2013

Keep in mind those numbers are purely estimates and the IRS has NOT released one of these charts for the 2013 filing season and they do not plan to. For more guidance on this you should see their refund guide for tax preparers.  You could also look at the 2013 IRS e-file Refund Cycle Chart and use that as a rough estimate of what to expect for this year. Here’s the first few weeks of the chart:

Transmitted and Accepted by IRS betweenDirect Deposit SentPaper Check Mailed
Jan 13 and Jan 19, 2012Thursday, January 26, 2012Monday, January 30, 2012
Jan 20 and Jan 26, 2012Thursday, February 02, 2012Monday, February 06, 2012
Jan 27 and Feb 02, 2012Thursday, February 09, 2012Monday, February 13, 2012
Feb 03 and Feb 09, 2012Thursday, February 16, 2012Monday, February 20, 2012
Feb 10 and Feb 16, 2012Thursday, February 23, 2012Monday, February 27, 2012
Feb 17 and Feb 23, 2012Thursday, March 01, 2012Monday, March 05, 2012
Feb 24 and Mar 1, 2012Thursday, March 08, 2012Monday, March 12, 2012
Mar 02 and Mar 08, 2012Thursday, March 15, 2012Monday, March 19, 2012
Mar 09 and Mar 15, 2012Thursday, March 22, 2012Monday, March 26, 2012
Mar 16 and Mar 22, 2012Thursday, March 29, 2012Monday, April 02, 2012
Mar 23 and Mar 29, 2012Thursday, April 05, 2012Monday, April 09, 2012
Mar 30 and Apr 5, 2012Thursday, April 12, 2012Monday, April 16, 2012
Apr 06 and Apr 12, 2012Thursday, April 19, 2012Monday, April 23, 2012
Apr 13 and Apr 19, 2012Thursday, April 26, 2012Monday, April 30, 2012

Note that the chart shows when the check or direct deposit will be sent, not necessarily received by you. Keep in mind, this is only for those who have chosen to e-file their return. Also, the IRS disclaims that this isn’t a guarantee that your return will be sent on these dates.

If You Mailed Your Return

If you file your return by mail, expect a longer wait. The IRS hasn’t put together a handy calendar for you. Those days are over. So you’ll have to deal with this generic rule: according to the IRS, if your paper return is complete and accurate, you should receive your return around six weeks from the time they received it. Note that after the three week mark, you should be able to call into the IRS or use the website or app mentioned above and locate the status of your return.

What’s your story? How long did you wait for your refund? Did the IRS seem to follow these dates above in your case?