Once upon a time, there was an IRS refund cycle chart that told taxpayers when they could expect to receive their tax refund.
In 2012, the refund cycle chart fairy tale ended and the IRS eliminated the chart. However, there are still helpful tools which the IRS replaced the refund cycle chart with to help understand the refund cycle.
Once Tax Season 2015 begins, you can file your taxes on RapidTax and check the estimate date you’ll receive your tax refund on our refund cycle chart. Then, once your 2015 tax return is filed, you’ll be able to see an updated status of your refund via RapidTax and the IRS “Where’s My Refund?” tool.
Where do I go to find out when I will receive my refund?
The IRS no longer posts a tax refund chart, however, they did post an article last year explaining a refund tool available for 2013 and 2014 on their website called “Where’s My Refund?”. To receive your refund status the tool will first ask you to enter your;
- social security number
- filing status
- refund amount.
Are there any estimated refund cycle charts available?
Although the IRS won’t post a 2015 refund cycle chart, there are estimate refund cycle charts out there. The dates are based on trends from prior years. The tax refund cycle chart is based upon how you elected to receive your tax refund; via direct deposit or check. Below is an example of a 2015 refund cycle chart (don’t forget these are estimate dates);
The tax refund cycle dates are NOT promised dates. They are simply dates based off of previous year trends. To know for sure when you will receive your taxes, wait a few days after filing your 2013 taxes, then check the IRS website using their “Where’s My Refund” tool.
The first day to file has yet to be announced by the IRS, but as always, you can check back here for Tax Season 2015 updates!
Photo via Seth Anderson on Flickr
Tags: irs refund cycle chartThis entry was posted on Wednesday, January 15th, 2014 at 5:30 pm and is filed under Tax News, Tax Tips, Uncategorized.