Many people think of the IRS return as a savings account or bonus that they are able to dip into each April. The IRS tax refund schedule also claims to provide refunds within 21 days after returns have been received.
Usually, 21 days is short when you have bills coming in like clockwork, however, when you are waiting on thousands of dollars it can feel like an eternity. Furthermore, Business News Daily revealed that the average tax refund is $2,700, which is more than what 2/3’s of taxpayers bring home each month.
Tracking Your Return & Refund
UPS approximates that their customers track packages an average of 2.42 times per shipment. This means that consumers want to know what is going on with their orders. Like UPS orders, taxpayers also have the ability to track their refunds. The IRS even has a Where’s My Refund” tool to help make doing so easier.
Things You’ll Need
Unlike the UPS, you need more than a tracking number to obtain the details of your tax refund. They want you to provide them with your social security number or EIN, filing status and the refund amount expected.
It has been said that taxpayers who opt to get their refunds deposited in their bank accounts receive their funds faster than waiting on a check. In addition, to speed up the process you want to make sure that your tax return is accurate.
If you have questions about the IRS tax refund schedule make sure you consult with a tax professional such as the pros at online tax filing so there are no delays when you are expecting your tax refund this year.