Tag: tax refund

What are Some Factors that Will Affect the Size of Your Tax Refund?

Written by Paul Belfiore on April 26, 2024. Posted in Blog, Taxes.

Brookline, NH Resident Looks for Answers to This Question

There are many factors that can affect the size of your tax refund from year to year. These include life events, such as your marital status, the number of children you have, and significant life changes that may qualify you for tax credits. Your filing status, whether filing jointly, single, or as head of household can also impact the size of your tax return. Whether you take the standard deduction or itemized deductions can also impact the amount of money you receive back from the IRS. Of course, your income and the amount of taxes that you have paid throughout the year will be a big factor.

How to Track Your Tax Refund

Written by Paul Belfiore on March 29, 2024. Posted in Blog, Taxes.

Nashua Resident Anxiously Waits

The IRS now has a refund tracking tool that allows you to check the status of your tax refund online. To check this, you will need your social security number, filing status, and the exact amount of the refund as outlined on your tax return. You can then check your status at the IRS’ website IRS Where’s My Refund. There are three options that will appear when searching for your refund; return received, refund approved, and refund sent. The first indicates that your tax return is still being processed. If the status is refund approved, this will show a date that the refund will be issued by. Refund sent indicates that the money is on its way. Direct deposit can take as many as five days to appear in your account, while a check mailed may take several weeks.

How Can You Get Your Tax Refund Quickly?

Written by Paul Belfiore on February 17, 2023. Posted in Blog, Taxes.

Nashua, NH Resident Looks for a Fast Turnaround on His Return

One of the best ways to make sure you get your tax refund as quickly as possible is to file your return electronically. This eliminates the time during transit, getting your tax return at the front of the line. There is a significant backlog for paper returns and yours is unlikely to be prioritized. You should also request a direct deposit for your refund, instead of waiting for a check to be mailed.

How to Get Your Tax Refund Faster

Written by Paul Belfiore on April 29, 2022. Posted in Blog, Taxes.

Hudson, NH Resident Looks for Tips

There are many disruptions that can slow down your tax refund, creating a significant delay in the time that it takes to receive your money from the IRS. Filing your tax return as son as possible will get you toward the front of the line as refunds are processed in the order that returns are received. E-filing will reduce the time that it takes the IRS to receive and process your tax return, eliminating delays caused by the mail.

How to Track Your Tax Refund

Written by Paul Belfiore on May 28, 2021. Posted in Blog, Taxes.

Amherst, NH Resident Looks for Answers

The IRS typically issues a tax refund within 21 days of receiving electronically filed returns and 42 days after receiving paper returns. Mail delivery is taking longer to process so this may be delayed if you are mailing your tax return or are expecting a check by mail as your refund. The IRS’ web site allows you to track your refund status at Get Refund Status (irs.gov). You will need your social security and the anticipated refund amount that you are expecting.