Waiting for a tax refund may be exhausting, especially when attempting to contact someone at the Federal Revenue Service, which, according to a report by the National Taxpayer Advocate, only answers around 13% of the more than 170 million calls they get with a real assistor.
The IRS says that with the largest single payday approaching, Consumers can spare themselves some trouble by opening an account that can accept electronic payments.
How To Track Tax Refund?
Every year, millions of Americans benefit from tax refunds. Last year, the average return was about $3,200, though the IRS has stated that amount may be lower this year due to the expiration of certain pandemic-related benefits. Annually, 75% of Americans receive tax refunds.
Whether you choose a paper check or direct deposit into single or many accounts, you can use the IRS website’s “Where’s My Refund?” function or call 800-829-1954.
You can check the status of your 2022 income tax refund 24 hours after submitting electronically or 6 months or more after filing on paper. The data is updated once each day, overnight. On your return, you’ll need your Social Security or taxpayer ID number, filing status, and exact refund amount.
Another tool offered on their website is the “Where’s My Refund” option, which requires you to submit your Social Security or taxpayer ID number, the status of your file, and the precise amount of the refund you claimed on your return.
The IRS has stated that they will be revamping their website’s “Where’s My Refund?” function.
Read more: $800 Tax refund available this week to eligible Americans; Here’s how to claim yours!
How To Use IRS Interactive Tax Assistant?
The IRS’ Interactive Tax Assistant can be quite helpful in giving taxpayers answers to their tax questions as they prepare to file their returns.
Taxpayers can utilize the Interactive Tax Assistant to get answers to the most common and specific inquiries about tax filings, which helps them guarantee that their tax return is filed correctly.
For taxpayers who filed electronically and chose direct deposit, most refunds are given in fewer than 21 days.
You may trace when the IRS received your tax return when it approved a refund, and when it sent the refund using the IRS “Where’s My Refund” tool. The funds should be in your account within 5 days of the IRS approving your refund.
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