The Where’s My Refund? tool, the IRS web page where taxpayers and tax professionals can check on the status of refunds, will be updated on Saturday, February 18 for most early filers who claimed the Earned Income Tax Credit or the Additional Child Tax Credit.
The IRS said Tuesday that the page will be updated with projected deposit dates for early EITC and ACTC refund filers a few days after Wednesday, February 15. Before February 18, some taxpayers may see a projected deposit date or an intermittent message that the IRS is processing their return.
By law, the IRS is required to hold EITC and ACTC refunds until February 15.
Due to differing time frames with financial institutions, weekends and the Presidents Day holiday, these refunds likely will not start arriving in bank accounts or on debit cards until the week of February 27, if there are no processing issues with the return and the taxpayer chose direct deposit.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access