The tax season for 2021 is arriving fast and the IRS will start accepting returns on February 12th, 2021.
By historical timelines, refunds will most likely be issued in 21 days or 3 weeks if you filed taxes electronically and have the funds directly deposited to your account.
Here’s the estimated timeline for IRS tax refund schedule:
| Ways of Filing | Estimated time you’ll receive your refund |
| Mail –in and check option | 2 months |
| Mail-in and direct deposit to your account | 3- 4 weeks |
| E-file and check option | 1 month |
| E-file and direct deposit | 2-weeks |
The Treasury Department keeps its refund schedule consistently every year and can only vary depending on your filing status.
What are the documents I need to receive my refunds sooner?
The sure thing to prepare when filing your taxes is also having your bank account information handy. Most of our clients at Local Tax is always advised to have the complete routing and account number with them.
As soon as the IRS accepts your returns, the sooner you’ll be in line to receive your refund.
If you remember last year when the first stimulus was distributed, millions of individual stimulus money was physically mailed by check or was completely lost in the system because of this detail.
