How To Check Your Tax Refunds On TurboTax?

The most common question related to tax refunds that most TurboTax users report or ask is ‘Where’s my refund’? The biggest check that an earning person receives in a whole year is their tax refund. TurboTax does not issue the actual fund; instead, the IRS issues all tax refunds. If you have an acknowledgment of IRS, then they are processing your tax return.

There are three stages through which the tax returns progress with IRS, i.e., ‘Return received,’ ‘Return Approved ’and‘ Refund Sent’ once you e-file. Here, you will find information on all the three stages and steps to TurboTax login track my refund status. 

Processing Time of Refund

There are possible two ways to TurboTax login track my refund process and how to get your tax refunds in a given time:

• E-filed tax returns with direct deposit: Direct Deposit E-files is the quickest way to get your federal tax refund. According to IRS, 9 out of 10 e-filed tax returns with direct deposit will be processed within 21 days of IRS e-file acceptance.
• Mailed paper returns: You need to give at least four weeks before checking the status if you have filed a paper return. The refund processing time takes at least 6-8 weeks from the date the IRS receives your tax return. 

Refund Process

The refund process in TurboTax does not take that long if you follow the right and e-file your tax on time. For TurboTax track my refund process, you need to keep in mind the points given below:

• Start checking the status 24-48 hours after e-file: You can check your tax return status that you have e-filed using the IRS ‘Where’s my refund’? Tool on the IRS website. If you mail your paper tax return, you will not check it for around four weeks.
• Return received notice: The IRS Where’s my Refund? Tool will show the status of ‘Refund received’ once they begin processing your tax return. One will not see a tax refund date until the IRS finishes processing your tax return and approves or permits your tax refund. 
• Return Received to Refund Approved: Your status will change from ‘Return Received’ to Refund Approved’ when IRS finishes administering your tax return and confirms your tax refund is approved. 

• Where’s My Refund? Shows refund date & Refund sent: The IRS will not provide a personalized refund date once your status moves to ‘Refund Approved.’ The IRS issues 9 out of 10 refunds within 21 days of acceptance if you file with direct deposit.If the status in Where’s My Refund? Tool shows ‘Refund sent’, the IRS has sent your tax refund to your institution of finance for a direct deposit. It can take up to one to five days for your institution to then deposit funds into your account.