Millions of taxpayers will get tax refunds from the government
this year. But if you've already filed, you might be wondering
when you'll actually receive yours.
In the following video, Dan Caplinger, The Motley Fool's
director of investment planning, shows you how you can find out
the status of your IRS refund. Dan notes that you have to wait a
certain period after filing your taxes, with electronic filing
requiring 72 hours of processing time while paper filings can
require as much as three to four weeks. After that period ends,
you can go to the Where's My Refund page of the IRS website to
get more information -- but Dan notes that you'll need to have
your Social Security number, filing status, and the exact dollar
amount of your expected refund to use the tool. Armed with that
information, you can learn the current status of your IRS refund
and when you can expect to see money hit your account. Dan
concludes that asking for direct deposit is a great way to get
your IRS refund faster.
How to get a bigger refund
Tax increases that took effect at the beginning of 2013
affected nearly every American taxpayer. But with the right
planning, you can take steps to take control of your taxes and
potentially even lower your tax bill. In our brand-new special
How You Can Fight Back Against Higher Taxes
How You Can Fight Back Against Higher Taxes," the Motley Fool's
tax experts run through what to watch out for in doing your tax
planning this year. With its concrete advice on how to cut
taxes for decades to come, you won't want to miss out.
Click here to get your copy today -- it's absolutely free.
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