Here's how to track the status of your 2024 tax refund

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Best measurement to usage your taxation refund successful 2024

Best measurement to usage your taxation refund successful 2024 04:21

More than 30 cardinal Americans waited until nan past 2 weeks of nan tax-filing play to nonstop their returns to nan IRS. Many of them whitethorn now beryllium wondering really agelong it will return for their refunds to deed their slope accounts. 

It's not a mini financial issue, arsenic taxation refunds often correspond galore households' largest cheque passim nan year, helping families salary down debt, build up emergency savings aliases moreover splurge connected purchases. The mean 2024 taxation refund is 3.8% higher than a twelvemonth ago, astatine $2,948, according to nan latest IRS data.

Luckily, location are a fewer easy ways to way nan position of your refund, specified arsenic nan IRS' "Where's my refund?" website aliases its IRS2Go mobile app, which tin beryllium utilized connected mobile phones and different akin devices. For nan existent taxation season, nan IRS said it improved nan search services by providing much elaborate answers erstwhile group make their queries. 

"This is nan largest windfall that galore group get each year," Bankrate elder manufacture expert Ted Rossman told CBS New York. "It's really not a awesome believe to get a taxation refund — it's really amended to set your withholding truthful you get your money successful bits and pieces passim nan year."

But immoderate group for illustration getting a lump sum successful their taxation refund because it efficaciously useful arsenic a forced savings plan, providing them pinch 1 ample cheque each twelvemonth that they tin past put into service, whether that's paying down indebtedness aliases making a ample purchase, Rossman noted. 

Here's really to way your refund. 

Check nan IRS' "Where's My Refund?" website

The IRS says you tin cheque nan position of your refund done its "Where's My Refund?" page arsenic soon arsenic 24 hours aft your return was revenge electronically.

You'll request to supply nan tract pinch a fewer basal pieces of information:

  • The taxation twelvemonth you're checking
  • Your Social Security aliases individual payer ID number (ITIN)
  • Your filing status
  • And nan nonstop refund magnitude connected your return

The IRS besides said it updated nan work to supply much accusation to taxpayers, specified arsenic alerting them if nan agency needs them to respond to a missive requesting much data.

Look astatine nan IRS2Go app connected your phone

The IRS besides has a mobile app called IRS2Go that useful likewise to nan "Where's My Refund?" website. The app, which you tin download nan app connected immoderate iOS aliases Android device, asks for respective pieces of accusation to propulsion up your refund data:

  • The taxation twelvemonth you're checking
  • Your Social Security number aliases ITIN
  • Your filing status
  • And your nonstop refund amount

Call nan IRS for an update

The IRS operates a telephone statement for refund data, though it says it's aimed astatine group who don't person net access.

If that's your situation, you tin telephone nan refund hotline at 800-829-1954 to cheque connected nan existent year's taxation refund. To cheque connected an amended return for anterior years, call 866-464-2050.

Can I spot erstwhile my taxation refund will deed my slope account?

Yes, but only erstwhile nan IRS is person to sending nan check. The app tracks 3 stages:

  • First, nan apps will show you that your return has been received by nan IRS, which intends nan agency is processing nan form. 
  • Secondly, nan apps will show you erstwhile nan IRS approved nan refund, and will supply a day erstwhile it expects to rumor nan check. 
  • Lastly, nan services will alert you erstwhile nan IRS sent nan refund to your slope via nonstop deposit aliases erstwhile they mailed it. It tin return up to 5 days for nan refund to onshore successful your slope account, while a insubstantial cheque whitethorn require respective weeks for delivery, nan IRS says.
    In:
  • IRS
  • Taxes
  • Tax Refund

Aimee Picchi

Aimee Picchi is nan subordinate managing editor for CBS MoneyWatch, wherever she covers business and individual finance. She antecedently worked astatine Bloomberg News and has written for nationalist news outlets including USA Today and Consumer Reports.

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Source cbsnews.com
cbsnews.com