Posts Tagged ‘IRS refund tracker’

The 2014 Refund Schedule

Sunday, December 22nd, 2013

If you want to check the status of your 2014 IRS refund, the online refund tracking tool is the ONLY way to do it.  Stop looking for a 2014 Refund Schedule because the IRS doesn’t operate that way anymore.  There is no longer such thing as the Refund Schedule.  The schedule is a thing of the past.  Income tax returns aren’t processed in a routine way anymore because the IRS must run every tax return through a fraud check system that slows things down, puts everyone on a different schedule, and renders the Refund Cycle Chart obsolete.

Why There is No 2014 Refund Schedule

Not all income tax returns are processed in the same way anymore.  Some don’t get flagged at all, so they do actually do make their way through the processing pipeline in a predictable way.  You can actually map them onto a refund schedule because their turnaround times are predictable.

The trouble is, you have no way of knowing whether your income tax return got flagged or not until it gets flagged or you simply happen to receive your IRS refund.  The IRS states that 90% of IRS refunds were sent out within 21 days last year.  Chances are you’ll get your refund within three weeks.  Sometimes it’s a shorter turnaround time, like 10 days.  So, if you’ve waited 21 days and still no refund, the tracker can tell you where in the pipeline your return is at the given moment.

Use the Free Online IRS Refund Tracker

The IRS Refund tracker is free and available to anyone who submitted their income tax return.  Just don’t use a public computer to enter and access personal data like this.  If you don’t have a computer to use you can call the IRS hotline…they will give you only the same information you would have got if you had logged into the IRS website.

IRS Refund Hotline: 800-829-1954

Don’t try to ask the hotline operators anything other than basic information about what’s happening to your IRS refund.  They can tell you when it was accepted or whether it’s in process or not.  They cannot tell you why it got stalled or when it will move to the next step.  They are simply typing your personal data into what amounts to the same website you would have accessed had you had a personal computer.

For more information on the IRS Refund Tracker and why there’s no 2014 Refund Schedule, go here to the 2014 Where’s My Refund? page on the IRS website.

 

2013 IRS Refund Schedule

Sunday, March 10th, 2013

If you’re looking for this year’s refund schedule, things have changed for 2013.  No longer is there a single, all-purpose chart that displays expected refund dates.  The IRS has gotten a bit more tech savvy and now offers each taxpayer individual, tailored information regarding where a refund might be.

The New IRS Refund Tracker

It’s called the IRS Refund Tracker, available on the IRS website.  Now, instead of looking at a refund chart, you’re asking the IRS for info that’s unique to your and your federal income tax return.  To do this, you’ll be asked to enter some personal information so the software can access the information in the database that corresponds to your refund and only yours.

Since you’re going to have to enter your name, social security number and a figure from your tax return, you want to make sure you’re really on the IRS website.  The address should contain irs.gov.    Make sure you’re not on any other website.  There are imposter websites out there, designed to lure you into typing in your personal information so they can steal it.  This can lead to identity theft, or simply theft of your IRS refund!

What About the Old Refund Schedule?

Well the IRS gives taxpayers individual information now, but if you want a general idea of how long it takes to get your IRS refund, here it is.  The old refund chart gave general guidelines indicating that a refund would be sent approximately a week later.  But we all know that last year the actual turnaround time was much longer.  This is because the IRS is much more aware of identity theft now.  When certain triggers are set off on a return, it gets flagged for further scrutiny.  This, of course, takes time. For tax year 2011, IRS refunds took more like three weeks rather than seven days.

There is a general statement now, on the IRS website, letting taxpayers know that the expected turnaround time is 21 days.  If you were to make an IRS refund cycle, the total turnaround time from the date your return was accepted to the date your refund was sent out, it would show a 21 day cycle.

That given, you can still get your refund in less time but don’t count on it.