The tax season in the United States is about to start. This means that as soon as it starts, the IRS will start receiving tax returns from all Americans who have their paperwork ready. And this will make it possible for citizens to get a tax refund by sending in all their tax related paperwork. And getting one of these stimulus checks is always good news.
So anything that we can do to expedite the process of getting the tax refund is something that we have to keep in mind. And that is that the sooner we get the payment, the sooner we can use the money for what we need. Therefore, more than one American will have a much easier month financially if he/she gets the appropriate stimulus check early.
While it is true that it is not mandatory to activate this option in order to have the tax refund check available, it is also true that if we do activate it, we will have the payment much sooner. And anything that speeds up the whole documentation process should be taken into account. In that sense, getting the check as soon as possible should be our priority if we have access to this stimulus check. It may also be that we are not eligible for one.
What do I need to do to get the IRS tax refund as soon as possible?
The first thing to keep in mind is that we need to send in the tax refund as soon as possible. This is obvious, but not everyone thinks this way. As soon as we send the tax return, the IRS will start calculating whether or not it has to send us a tax refund.
If we are eligible for a stimulus check, the IRS can send it in one of two ways. One is to send a physical paper check to our mailbox. The other is through direct deposit. And this second option is the one we should consider in order to cash this check as soon as possible.
If we do not activate Direct Deposit, the check could arrive physically, but it could also be delayed. Undoubtedly, it will take several days or weeks for the tax refund check to arrive in the mail. But we must also add that the check could get lost. And if it is lost, it would take much longer to have the money available.
So if you want to get your tax refund as soon as possible, your best option is to set up Direct Deposit. Only then will the IRS send the check and we will receive it immediately.
When is the 2024 tax season?
Although it is true that the taxes of this new Tax Season are those related to the year 2023, we are talking about the Tax Season 2024. If we want to have the tax refund as soon as possible, we must mark on the calendar the 29th of January 2024, which is the beginning of the tax season.
The day on which it will end will be April 15, but that will only be for Americans who have not requested an extension. Still, these extensions are not for all citizens, but only a group of them will be able to access them.
On the other hand, the sooner we send our tax return, the sooner the tax refund will arrive. Therefore, if you have everything ready for January 29th, you should mail the forms then. However, you must make sure that all the documents are filled out correctly and that you do not forget to add anything.