Tax season is here and filing your tax return can be a daunting task. But don’t worry — with all the advancements in technology, you won’t have to wait long for the IRS to accept your return! Here’s what you can expect when it comes to the processing time.
Waiting on the IRS? Not Much Longer!
In the past, you may have dreaded the waiting game for your tax refund. Not anymore! With the advancements in technology, you can expect your tax return to be accepted by the IRS in as little as a few days. That’s right — your return will be accepted in a fraction of the time it used to take. The good news is that even if the IRS needs to make adjustments to your return, you’ll know right away instead of waiting months to find out.
If you’re filing electronically, the IRS will typically accept your return within 24 hours. That’s lightning fast compared to the days or weeks it used to take. If you’re filing by mail, it could take up to 6 weeks for the IRS to process your return. But don’t worry — you’ll likely get your refund much sooner than that.
Get Ready to Reap the Rewards of Your Tax Return!
After you submit your return, the IRS will calculate your refund and then either send you a paper check or deposit the money directly into your bank account. This could take as little as three weeks, depending on the complexity of your return. It’s also important to make sure that your bank information is accurate so that the IRS can make a successful deposit.
You’re also able to track the status of your refund. The IRS has a website where you can enter your Social Security number and other pertinent information to find out where your refund is within the processing cycle. You can also track it via their smartphone app. This way, you’ll know right away when the money is coming your way!
Overall, the IRS has made filing tax returns easier than ever before. Thanks to advancements in technology, you can expect your return to be accepted in no time, so that you can get your tax refund as soon as possible. So don’t wait any longer — file those taxes and get ready to reap the rewards!