The Tax Refund is one of those stimulus checks that are so useful for all United States citizens. This payment sent by the IRS depends on many different factors and not all Americans can access it. In order to get a tax Refund from the Internal Revenue Service we will have to meet certain economic requirements related to annual income.
Even so, every year we must send our Tax Return to the IRS, whether we get a Tax Refund or not. The receipt of the stimulus check is not for everyone, but the sending of the Tax Return is mandatory and officiates in most cases. Although it is true that some Americans are exempt from sending the Tax Return, the normal thing is that all have to do it.
Knowing this we must mark in the calendar which is the Tax Season in 2024. Knowing this information we will be able to determine until what day we will have to send our documentation to the IRS and we will be able to make an approximate calculation of when we will get the stimulus check with the Tax Refund in our bank account or in our mailbox at home.
When is IRS Tax Season?
The IRS Tax Season began yesterday, January 29, 2024. This Tax Season is the one related to 2023 taxes. That is to say, only the income and expenses of the past year 2023 are the ones that we must include in the documentation that we will send in the Tax Return. From January 2024 the income belongs to next year’s Tax Season.
HAPPENING #TOMORROW: Have you heard? #IRS will begin accepting tax returns tomorrow, Jan. 29. Here’s a #FriendlyReminder to check out the resources available to help you throughout the tax filing season: https://t.co/1L4TxdFQPW pic.twitter.com/6LOtOmpfwz
— IRSnews (@IRSnews) January 28, 2024
However, we must keep in mind that the Tax Season has an end. That is to say, we can send the documentation for a long time, but we must watch out that this established time does not end. If we make a mistake and send the documents later than we should, we will have to pay extra taxes, as well as a penalty.
The IRS will have the Tax Season open until April 15th of this year 2024. So, we have plenty of time to send in the paperwork. And remember, the sooner you send in the paperwork the sooner you will get your Tax Refund stimulus check benefit, so it is advisable not to delay sending in your Tax Return.
When will I get my Tax Refund stimulus check?
The day we will get the Tax Refund from the IRS will depend on several different elements. On the one hand, we must keep in mind that the way we send our Tax Return determines the day we will get the money. If we send the documents online, the payment will arrive faster.
Also, sending all the documentation without errors can speed up the process. On the other hand, the collection method we have active in order to get the payment is fundamental and key to get the check from the IRS as soon as possible.
It usually takes about 3 or 4 weeks for the money to arrive from the moment we send all the documentation to the IRS. Even so, there is no set date for this payment, since it depends on many different factors. What is certain is that if we activate the Direct Deposit collection method the money will take much less time to arrive.