Has The IRS Started Approving Refunds 2024? Tax Return Chart!

The IRS encourages individuals to file and pay their 2023 taxes by Monday, April 15, 2024. Maine and Massachusetts taxpayers have until April 17, 2024. A taxpayer in a federal disaster region may have more time to file.

Has The IRS Started Approving Refunds 2024

Accepting and processing federal individual tax returns, the Internal Revenue Service effectively kicked off the 2024 tax season. The agency is still focused on growing its array of services to assist taxpayers.

With a deadline of April 15, 2024, the IRS anticipates submitting more than 146 million individual tax returns for 2023 during this filing season. To better assist taxpayers, the IRS will be expanding its hours of operation at almost 250 Taxpayer Assistance Centres (TACs) nationwide IRS Started Approving Refunds 2024 with the 2024 filing season. 

IRS Income Tax Return Chart 2024

The graphic breaks out the earliest dates for direct deposit refunds and the times the IRS may accept electronically submitted returns week by week. Important things to remember: 

  • The IRS is expected to begin accepting returns on January 22, 2024.
  • Refund periods might range from early February to late May, depending upon the date of submission.
  • Waiting periods may be a little bit longer if you file during the busiest time of year.
IRS Accepts Return By Direct Deposit Sent (Or Paper Check Mailed one week later)
Jan. 22, 2024 Feb. 2 (Feb. 9)
Jan. 29, 2024 Feb. 9 (Feb. 16)
Feb. 5 Feb. 16 (Feb. 23)
Feb. 12 Feb. 23 (Mar. 1)
Feb. 19 Mar. 1 (Mar. 8)
Feb. 26 Mar. 8 (Mar. 15)
Mar. 4 Mar. 15 (Mar. 22)
Mar. 11 Mar. 22 (Apr. 29)
Mar. 18 Mar. 29 (April 5)
Mar. 25 Apr. 5 (Apr. 12)

It can take up to a month for people to get their CTC or EITC refunds. The IRS needs time to determine your eligibility for these credits, so there will be a delay.

How do I check that my Tax Return is approved or not?

The “Where’s My Refund” tool and the “IRS2Go” mobile application are the two ways that the Internal Revenue Service offers taxpayers to check the status of their refund filing. To use these options, a user must provide their Social Security Number and other required information.

  • To find out the status of your refund, follow the steps listed below and use the “Where’s My Refund?” online tool.
  • You must go to irs.gov/refunds to access the tax.
  • Click the “Check your refund” option on the “Where’s My Refund?” tool’s homepage.
  • Now, the following tasks are required of you:
  • Enter the Individual Taxpayer Identification Number (ITIN) or Social Security Number (SSN) that appears on your tax return.
  • Select 2023 as your tax year (the most recent tax year).
  • Select the following file status:
  • Married but single; filing a joint return
  • File Separate Return if Married
  • Head of Home / Eligible Widow/Surviving Spouse
  • Put the amount of the refund in dollars.
  • After carefully checking all the information, click the Submit button to find out whether the Internal Revenue Service has granted or denied your tax refund.
  • You can also get a provisional date for receiving the return amount via paper cheque or direct deposit if the IRS approves your tax refund.

EITC, and ACTC available for many by Feb. 27

The IRS advises taxpayers not to depend on obtaining a return by a certain date, particularly when making significant purchases or paying payments, even though the majority of refunds are issued in fewer than 21 days. 

Certain returns could take longer to evaluate and might need more time. Using the Where’s My Return? feature on IRS.gov or the IRS2Go app is the simplest method to find out the status of a return. 

If taxpayers choose direct deposit and there are no additional problems with their tax return, the majority of refunds relate to the Earned Income Tax Credit (EITC). You should expect to see the Additional Child Tax Credit (ACTC) and other funds in your bank or debit card account no later than February 27. 

For information on their specific return date, taxpayers should visit Where’s My Return? By February 17, Where’s My Refund? will be updated with the anticipated dates of deposit for the majority of early filers of ACTC and EITC refunds.

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