When is the soonest someone can get a tax return?

Answer 1

Steven F gave a very good answer. However, returns must be received and accepted by the Thursday of each week to be deposited on the Friday of the next week. So I think the earliest you could expect it would be the Friday after, the 26th.

If you did, by some miracle, get all your information by January 1st, you may just about get your return faster by mailing it. I would not bank on it though. Electronic filing and direct deposit is by far the best way to go.

By the way, if you do go to a chain preparer, do not be suckered into an instant loan. If you do not want to pay their fees up front, authorize them to receive your refund and deduct the fees from that. The costs are much lower. From memory, H & R Block charges about $25 for that service, but that was a couple of years ago. They will receive your refund by direct deposit and cut you a check, so it will take a day or two longer than doing it yourself.

Answer 2

I listened to a recruitment speach given by a jackson hewitt rep in the tax class i am enrolled in right now. He claimed that they had already done 3 or 4 returns for 2006. You need to have your w-2 if you earn wages before you can file. The law (at least in california) states that employers must mail the w-2 by Jan 31. You can still get it in feb, just as long as it is postmarked jan 31 or earlier. If not you can most likely file a complaint with the irs.

Answer 3

If you file electronically, Friday, Jan 12 is the earliest you can file. You must still have the information from your W-2, but the actual form is not needed. If you mailed a return on Jan 2, it would probably not be received and entered into the IRS computers before this date. You receive your return fastest if you use direct deposit. Based on my personal experience calling the 'Where's my Refund' phone number, the IRS processes refund payments only on Fridays. I expect electronically filed returns would be processed for refund payments on Friday, Jan 19.

Two people referred to getting your W-2 on Jan 1. Good luck with that.

Answer 4

It depends on what you mean. If you got your W-2 on the first of January, you could take it to one of the chain accounting firms and get an "instant rebate." This is really a loan that uses your actual refund as collateral. If you are talking about money actually distributed from the Treasury Department, filing electronically with direct deposit is the fastest, with an average transaction time of 7-10 days. The key factor, though, is how quickly your employer gets you your W-2, and how quickly you file it.

Answer 5

A day later after you filed. You would have to file electronically through a tax office. They can approve a loan (in as soon as one day) so you can get your money the day after, maybe the same day if you do it early in the day, then when your refund comes back they get that money without you having to do anything after you get your cash. They charge a fee, and the fee lowers if you can wait at least 3 - 5 days, then some more if you wait 2 weeks, but if you think it's worth the 6 to 8 weeks you'd have to wait otherwise, then that's one of your options.

Answer 6

If you get your W2 from your employer on Jan 1 and go the tax preparer that offers instant returns (for a piece of it) you can get potentially get it on Jan 2.

Answer 7

I looked across the net and discovered tons of scams. Anyhow this webpage worked for us: loanhome.info-

RE When is the soonest someone can get a tax return?

#EANF#

Answer 8

They are coming later every year. They used to come in the week between Christmas and New Years. Now that seem to come in the first two weeks of January.

Answer 9

soonest you can file is Jan 2nd. If you beat the rush then you can get it back in a couple of days via e-file.

Answer 10

I have heard radio advertisements that H&R block will give a loan for your taxes right now, up to $1500.