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When filing tax returns, the second question everyone asks is “How long does it take to get my tax refund back?” Of course, the first question everyone asks is “How much is my refund?”
If you want to get your refund faster, opt for the direct deposit route. Not only will the IRS send your money earlier via direct deposit, but you’ll cut down on the mailing time too.
How long does it take to get your tax refund back? The IRS eliminated the refund schedules that were used in prior years for both direct deposit and mailed refunds.
The new guideline the IRS is using in 2014 for filing your 2013 tax return is:
Don’t count on getting your refund by a certain date to make major purchases or pay other financial obligations. Even though the IRS issues most refunds in less
than 21 days, it’s possible your tax return may require additional review and take longer.
Essentially, they’re saying most people will get their refunds in less than 21 days, but there won’t be any schedules they will follow this year.
The IRS provides these tips to tax preparers to get the fastest tax refund:
Delays. For updates on delays, see the 2014 IRS tax refund delay.
How long can the IRS delay your refund? See How Long Can the IRS Delay Your Tax Refund?
Share your results: Poll: How Long Did it Take to Get Your Tax Refund?
Was your tax refund smaller than expected? While you are waiting for your tax refund, take a look around and find some additional ways to add to your refund amount. Check out Over $3,000 in Free Money Sign Up Bonuses.