The IRS has declared that on January 29, 2024, it will begin to receive and process income tax returns. April 15 is the deadline for filing taxes in 2024. Taxpayers can frequently get their federal tax refund check in as little as two to three weeks, depending on when they submit their taxes.
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IRS Tax Refund Dates 2024
According to the IRS, if a taxpayer chooses direct deposit and their return is free of errors, they should get their refund within 21 days of filing electronically. The IRS is required by law to hold off on issuing refunds to taxpayers who claimed the increased child tax credit or earned income tax credit until the middle of February.
By February 27, 2024, at the latest, taxpayers who utilise direct deposit and have no other problems should get their payments, according to the government. The IRS has publicly stated that on January 29, 2024, it will officially start to receive and evaluate income tax returns.
April 15 is the final day for filing returns in 2024 (this date may change depending on the weekends or holidays). This article includes a handy reference table taxpayers can use to estimate how soon they may get their income tax refund.
| E-file Date | Direct Deposit Refund Date | Paper Check Refund Date |
| 29 January 2024 | 19 February | 26 February |
| 5 February 2024 | 26 February | 2 March |
| 12 February 2024 | 3 March | 10 March |
| 18 February 2024 | 11 March | 18 March |
| 25 February 2024 | 17 March | 24 March |
| 3 March 2024 | 24 March | 31 March |
| 12 March 2024 | 3 April | 10 April |
| 18 March 2024 | 8 April | 15 April |
| 25 March 2024 | 16 April | 22 April |
| 2 April 2024 | 23 April | 30 April |
| 7 April 2024 | 28 April | 5 June |
| 12 April 2024 | 2 June | 7 June |
| 15 April 2024 | 6 June | 14 June |
Refunds for taxpayers who claim the CTC or EITC may take up to one month to arrive. To give the IRS time to verify if you qualify for these credits, there will be a wait.
- How much is the CTC for 2024?
- IRS Tax Refund Calendar 2024
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What happens when the IRS Return for the 2023 tax year is filed?
You must wait for the tax refund to be approved after submitting it electronically or on paper for the year 2024. The clearance process for an electronic refund file takes around a week, but it takes weeks for an on-paper refund file.
Once the 2024 tax refund has been filed, there is nothing else that an individual has to do. Refunds are issued via direct deposit or paper check, depending on the method selected, if they are authorised by the Internal Revenue Service.
Refund filers can verify if their filing has been approved or denied by checking their refund status if it is taking longer than anticipated to obtain their refund.
How to check the Status of IRS Tax Refund 2024?
Follow the below mentioned steps in order to check the status of IRS Tax Refund 2024.
- Navigate to the official website of IRS at https://www.irs.gov/refunds and search for “where’s my Refund” tool.
- You will need to submit the following details, including your social security number, filing status, and the precise amount of your return, in order to verify the status of your refund.
- Once every 24 hours, generally during night, the tool is updated. As a result, you may check for changes on a daily basis.
- It gives you the most recent details on your refund and often comes in stages: received, accepted and sent.
What Happens If Your IRS Tax Return Is Not Filed by April 15th?
Form 4868, Application for Automatic Extension of Time to Complete U.S. Individual Income Tax Return, is an easy form for taxpayers to complete if they do not have all the necessary documentation to file their taxes.
This means that the person will have until October 15, 2024, to file the federal tax return. As the title suggests, no reasoning or explanation is needed in order for this extension to be granted automatically.
Make careful to review the requirements since the deadline for your state’s extension may differ from the federal return extension deadline. Keep in mind that even if a taxpayer requests an extension to file, they are still responsible for paying any taxes that are due by April 15, 2024, if they are still owed.
In most cases, those who are entitled to a refund just need to submit the request for an extension by April 15, 2024. This task may be completed by most do-it-yourself tax applications and by any tax expert.
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