But you still have to file by April 15. Since the last Monday of January is the 25th, that’s when the 2021 tax season will officially start. If you mail it in, you have to wait four weeks. Big but good surprise! Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Hey Joan, The tax filing deadline you need to be aware of is April 15 th, 2021. Since the COVID-19 pandemic may cause the IRS to process federal income tax returns a bit later than the usual, it’s best to file taxes electronically if you want to get your tax refund faster. You will need to wait at least 4 weeks if you mailed in your tax return. This means if it took the IRS 21 days to issue your check and your bank five days to post it, you could be waiting a total of 26 days to get your money. Although the IRS workers will work and do their best to issue tax refunds as fastly as it can be, with the overwhelming number of stimulus checks to be issued, tax refunds are expected to arrive late. However, many tax software programs will allow you to complete your return and “file” it before that date. After filing and assuming your tax return is on order you should receive your federal refund between 8 and 21 days. How long does it take to receive my tax refund? Are there any expected tax refund delays? Does this mean they have finally looked at my return ? The Internal Revenue Service says it will accept and process federal tax returns starting Monday, Jan. 27. Ryan Guina is the founder and editor of The Military Wallet. Due to changes in the IRS auditing system, they no longer release a full schedule as they did in previous years. However, we can give you a rough idea of when you will receive your tax refund – but only if you file your federal taxes electronically using a software program or with the IRS E-File. “Planning for the nation’s filing season process is a massive undertaking, and IRS teams have been working non-stop to prepare for this as well as delivering Economic Impact Payments in record time,” said IRS Commissioner Chuck Rettig. The IRS gives you three options for receiving your refund: You can also apply a refund to any future taxes owed. Makes me wonder now if there’s an error in my routing info…can’t seem to be able to go back to e-file to recheck the. This is a popular choice among some small business owners who are required to pay estimated taxes. The IRS moved to the Modernized E-file System (MEF) in 2013 (2012 tax year). Keep in mind it may take a few days for your financial institution to make your deposit available to you, or it may take several days for the check to arrive in the mail. The following tax refund table is based on previous refund tables released by the IRS to help taxpayers know when they should receive their tax refund. He served over 6 years on active duty in the USAF and is a current member of the IL Air National Guard. Apart from the opening date of tax-filing season, the IRS also outlined important closing dates. Taxpayers were also able to defer federal income tax payments due on April 15, 2020, to July 15, 2020, without penalties and interest, regardless of the amount owed. Tax Deadlines 2021; ... Each year the IRS accepts many tax returns before their official start date. You can start filing a tax return as soon as between January 15 and January 31, 2021. Here’s why it starts so late. You can file a tax extension if you are not ready to file your taxes by the deadline. Info I entered…or: wrong number, etc. 2021 Update: The IRS will begin accepting 2020 tax returns starting from February 12, 2021. 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