As we enter the new year, it’s important to start thinking about your taxes and when you can expect to receive your refund from the IRS. In this article, we’ll cover everything you need to know about IRS refund dates for the 2024 calendar year.
When Will the IRS Start Accepting Tax Returns for 2024?
The IRS typically begins accepting tax returns in late January or early February. For the 2024 tax year, the IRS is expected to begin accepting returns on January 29, 2024. This is subject to change, so it’s important to stay up-to-date on any updates from the IRS.
When Will I Receive My Refund?
The IRS issues refunds on a rolling basis, which means that some taxpayers will receive their refunds earlier than others. However, the IRS has announced that they will begin processing refunds for the 2024 tax year on February 12, 2024.
It’s important to note that these dates are subject to change based on a number of factors, including the complexity of your return and any errors or issues that may arise during the processing of your return.
How Can I Check the Status of My Refund?
If you’re expecting a refund from the IRS, you can check the status of your refund using the IRS’s “Where’s My Refund?” tool. This tool is available online and allows you to check the status of your refund in real-time.
All you need to do is enter your Social Security number, filing status, and the exact amount of your refund, and the tool will provide you with a status update.
What Should I Do if I Haven’t Received My Refund?
If you haven’t received your refund within 21 days of filing your return, you should contact the IRS to inquire about the status of your refund. You can do this by calling the IRS’s toll-free refund hotline at 1-800-829-1954.
It’s important to note that the IRS may require additional information or documentation from you in order to process your refund, so be prepared to provide any necessary information when you contact them.
What Can Delay My Refund?
There are a number of factors that can delay your refund, including errors or mistakes on your tax return, missing or incomplete information, and suspected fraud or identity theft.
If the IRS suspects that your return may be fraudulent or that your identity may have been stolen, they may take additional steps to verify your identity before issuing your refund. This can result in a delay of several weeks or even months.
Can I Speed Up the Process?
Unfortunately, there is no way to speed up the processing of your refund once it has been submitted to the IRS. However, there are a few things you can do to ensure that your return is processed as quickly as possible.
First, make sure that all of the information on your tax return is accurate and complete. This will help to prevent any errors or mistakes that could delay the processing of your return.
Second, consider filing your tax return electronically. E-filed returns are typically processed more quickly than paper returns, which can help to expedite the processing of your refund.
Conclusion
IRS refund dates for the 2024 calendar year are subject to change, but taxpayers can expect the IRS to begin accepting returns in late January or early February and to begin processing refunds on February 12, 2024. If you’re expecting a refund, make sure to check the status of your refund using the IRS’s “Where’s My Refund?” tool and contact the IRS if you haven’t received your refund within 21 days of filing your return.
Question and Answer
Q: When will the IRS begin accepting tax returns for 2024?
A: The IRS is expected to begin accepting tax returns for 2024 on January 29, 2024.
Q: When will the IRS begin processing refunds for the 2024 tax year?
A: The IRS has announced that they will begin processing refunds for the 2024 tax year on February 12, 2024.
Q: What should I do if I haven’t received my refund?
A: If you haven’t received your refund within 21 days of filing your return, you should contact the IRS to inquire about the status of your refund.
Q: Can I speed up the processing of my refund?
A: Unfortunately, there is no way to speed up the processing of your refund once it has been submitted to the IRS. However, you can ensure that your return is processed as quickly as possible by filing electronically and ensuring that all of the information on your return is accurate and complete.