April 15 is the deadline for most U.S. taxpayers to file their income tax returns, and most average workers usually get a refund. If you haven’t filed yet, you’d better get started. If you’re expecting an income tax refund from the IRS, the chart below shows when you are most likely to receive it.
The tax reform law officially kicked in on January 1, 2018, but the taxes you file from January through April 15, 2019 will be the first time most Americans see the actual impact of the tax reform law. And you may have heard that refunds are smaller for some Americans this year. If your employer properly adjusted your tax withholding after the tax reform took place, you should receive about the same as previous years, but it can vary. And if your refund is lower, that really only means you didn’t over pay by as much.
The average worker was forecast to see $1,000-$2,000 per year in tax savings (the higher amount for those with children). If you did not adjust the amount of taxes you have withheld from your paycheck, it could result in a larger refund. But for those who did make the adjustment, the result should have been about $20-$40 more per week in their paycheck. Many factors affect your tax rate and refund, so not all working taxpayers will realize the same results.
When Will I Get My 2019 Income Tax Refund?
This is the question you probably came here for. Those with the Earned Income Tax Credit (EITC) or Child Tax Credit (CTC) may have had their forms delayed, since the IRS pays special attention to these credits, which have been abused in past years. Below is a shart
This chart shows an estimated timeline for when a taxpayer is likely to receive their refund. If yours is delayed, use the “Where’s My Refund?”tool on the IRS website – Or download the IRS2Go app to check your refund status.
“When Can I Expect My 2019 Income Tax Refund?”
IRS Accepts BetweenThese Dates ===== Direct Deposit Sent(Or Check Mailed)
IRS Accepts Between These Dates |
===== | Direct Deposit Sent (Or Check Mailed) |
||
* | ||||
1/28/19 – 2/1/19 | Friday 2/8/19 | |||
2/4/19 – 2/8/19 | Friday 2/15/19 | ** | ||
2/11/19 – 2/15/19 | Friday 2/22/19 | ** | ||
2/18/19 – 2/22/19 | Friday 3/1/19 | |||
2/25/19 – 3/1/19 | Friday 3/8/19 | |||
3/4/19 – 3/8/19 | Friday 3/23/19 | *** | ||
3/11/19 – 3/15/19 | Friday 3/30/19 | |||
3/18/19 – 3/22/19 | Friday 4/5/19 |
|
||
3/25/19 – 3/29/19 | Friday 4/12/19 |
|
4/1/19 – 4/5/19 |
===== | Friday 4/19/19 | ||
4/8/19 – 4/12/19 | Friday 4/26/19 | |||
4/15/19 – 4/19/19 | Friday 5/3/19 | |||
4/22/19 – 4/26/19 | Friday 5/10/19 | |||
4/29/19 – 5/3/19 | Friday 5/17/19 | |||
5/6/19 – 5/10/19 | Friday 5/24/19 | |||
5/13/19 – 5/17/19 | Friday 5/31/19 | |||
5/20/19 – 5/24/19 | Friday 6/7/19 | |||
5/27/19 – 5/31/19 | Friday 6/14/19 | |||
6/3/19 – 6/7/19 | Friday 6/21/19 |
* = IRS may delay tax filing season by one week or more due to changes in tax law.** = Returns with EITC or CTC may have refunds delayed until late February to verify credits.*** = Filing during peak season can result in slightly longer waits.
IMPORTANT: If you file electronically (using an online tax program or preparer), the IRS will notify you of the actual date they “accepted” your return. This is often 1-3 days from the time you actually hit the “file” button, and it is this date that you need to use for the above chart.
Taxpayers who mail their income tax return can expect at least a 3-4 week delay at the front-end of the process, as the return has to be digitized before it can be processed.
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Tags: Income Tax, IRS