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My refund was approved yesterday and apparently it takes 10 days just to move the money into my account. I turned my taxes in about two weeks prior to deadline (first time ever so don't hate me).

2007-04-27 12:14:02 · 4 answers · asked by lawofconstantcomposition 2 in Business & Finance Taxes United States

4 answers

It takes LESS than one day to move the money to your account. The IRS processes refunds only on Fridays. Your return has to be accepted by Thursday of the week before your return is processed. One reason for this is that it is not actually the IRS that sends your return. They submit a payment voucher the the Treasury's Financial Management Service (FMS). The FMS checks to see if you owe back taxes, child support, or student loans before sending the money.

2007-04-27 12:54:54 · answer #1 · answered by STEVEN F 7 · 0 1

They do get backed up around the deadling though so it could take the full ten days after its processed. You can go to www.irs.gov and see "where's my refund" . I wouldnt judge the time the people in febuary got theirs to yours different circumstances.

2007-04-27 20:14:19 · answer #2 · answered by BMAC 2 · 0 0

I filed on Feb 13 and got my refund by Feb 20.

2007-04-27 19:23:05 · answer #3 · answered by Eduardo Fisher, San Jose, CA 3 · 0 1

Yep, received my refund almost a month ago.

2007-04-27 19:21:22 · answer #4 · answered by 2007_Shelby_GT500 7 · 0 0

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