The day we send our Tax Return to the IRS in the United States each year can mark the day we get our Tax Refund. It’s true that from the beginning of Tax Season until it ends we have a lot of time to send in our paperwork, but it’s also true that the sooner we do this, the sooner we’ll get our stimulus check.
In this sense, Tax Refund payments reach eligible citizens a few weeks after sending the Tax Return to the IRS. However, they do not always arrive immediately, since the collection method we have chosen to receive these payments means that we get the check sooner or later.
In any case, if we are already waiting for the Tax Refund, it is a good idea to check the approximate dates based on the day we sent our payment. And this is what happens with the indicative payment schedule for these types of IRS checks. If you are already expecting one, check to see when you should get it so you can plan financially for the rest of the month.
The IRS Tax Refund is on its way
If we have already sent the Tax Return to the IRS, we just need to check the indicative calendar to find out if the money will arrive in our checking account or not. Remember that there are several elements that determine the day we get the payment of this stimulus check.
First of all, we need to know if we are really eligible for a Tax Refund. Secondly, we need to make sure we have sent all the documents correctly. And thirdly, we need to know if we have any debts, because if we do, the IRS could withhold our Tax Refund.
The indicative calendar to find out when we will receive this Tax Refund from the IRS is as follows:
- February 24: direct deposit could be around due on March 17
- February 25: direct deposit could be around due on March 18
- February 26: direct deposit could be around due on March 19
- February 27: direct deposit could be around due on March 20
- February 28: direct deposit could be around due on March 21
- February 29: direct deposit could be around due on March 22
- March 1: direct deposit could be around due on March 23
- March 2: direct deposit could be around due on March 24
- March 3: direct deposit could be around due on March 25
- March 4: direct deposit could be around due on March 26
- March 5: direct deposit could be around due on March 27
- March 6: direct deposit could be around due on March 28
- March 7: direct deposit could be around due on March 29
- March 8: direct deposit could be around due on March 30
As you can see, the day the Tax Return is sent marks when we will get the Tax Refund. Similarly, the collection method is also important, since Direct Deposit makes the check appear much earlier. If we don’t have Direct Deposit, the money should arrive a few days later from when the IRS sends the money.