The bottom line is that they are delaying your tax refund because they don’t want to lose more money. And it is serious money – the IRS estimates it paid out of $1.3 billion in fraudulent tax refunds last year.
In an effort to combat this, the IRS is now going to hold some refunds until February 15, 2018.23 May 2019
Why are 2019 refunds taking so long?
If you don’t receive your refund in 21 days, your tax return might need further review. It’s best to avoid contacting the IRS directly unless the Where’s My Refund tool prompted you to do so or it’s been 21 days since you filed your tax return electronically (or six weeks since you mailed your paper tax return).19 Apr 2019
Is the IRS holding refunds for 2019?
The IRS expects the earliest EITC/ACTC related refunds to be available in taxpayer bank accounts or debit cards starting February 27, 2019, if these taxpayers chose direct deposit and there are no other issues with their tax return. remains the best way to check the status of a refund.17 Jan 2019
When can I expect my refund 2019?
The first day to officially file your 2018 tax return is January 28, 2019. However, many tax software programs will allow you to complete your return and “file” it before that date. They will then hold the returns until the IRS begins accepting them.
What day of the week are tax refunds deposited?
Returns filed/accepted this week, Monday the 8th to 11 am, Sunday the 14th, will have direct deposit refunds sent on Monday the 22nd. Refund checks usually take 4 days longer to be mailed, on Fridays.12 Apr 2019