How quickly did you receive your 2020 tax refund?
- CardinalRule
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How quickly did you receive your 2020 tax refund?
If you have filed your 2020 federal tax return, with a refund due, how quickly did the IRS process it?
For us:
• Return e-filed on TurboTax and accepted: 02/20/2021
• Refund finally received (direct deposit): 06/30/2021 (https://sa.www4.irs.gov/irfof/lang/en/i ... status.jsp)
This is very new to us - we have not had a refund for many years. In our case, it's about $9,000, due to some miscalculations on estimated taxes (related to realized capital gains).
For us:
• Return e-filed on TurboTax and accepted: 02/20/2021
• Refund finally received (direct deposit): 06/30/2021 (https://sa.www4.irs.gov/irfof/lang/en/i ... status.jsp)
This is very new to us - we have not had a refund for many years. In our case, it's about $9,000, due to some miscalculations on estimated taxes (related to realized capital gains).
Last edited by CardinalRule on Fri Jul 02, 2021 10:35 am, edited 3 times in total.
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Re: How quickly did you receive your 2020 tax refund?
Have you checked the account into which your refund was/is to be deposited?
I received my refund within ten days. That was two weeks ago.
Checking the IRS site, it said that the return had been accepted but not processed. It still says that. Go figure.
Karl V
I received my refund within ten days. That was two weeks ago.
Checking the IRS site, it said that the return had been accepted but not processed. It still says that. Go figure.
Karl V
Re: How quickly did you receive your 2020 tax refund?
I filed mine last Sunday, 28 Feb. Got accepted 3 minutes later and the check was deposited in my account Thursday, 4 March.
Re: How quickly did you receive your 2020 tax refund?
The deposit shows as pending in our credit union checking account about 3 working days prior to receipt of funds.
Was quite fast for us this year (cash in account on 6th working day).
Was quite fast for us this year (cash in account on 6th working day).
Re: How quickly did you receive your 2020 tax refund?
A very similar timeline applies to us, and we have yet to receive our refund. In past years, we experienced a quicker turnaround. However, IRS states that it may take up to 21 days from receipt, but perhaps longer under certain circumstances.CardinalRule wrote: ↑Sat Mar 06, 2021 8:19 am For us
• Return e-filed on TurboTax and accepted: 02/20/2021
• Refund received (direct deposit): still being processed as of 3/6/2021
"Simplify, simplify, simplify! I say, let your affairs be as two or three, and not a hundred or a thousand…” - Thoreau
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Re: How quickly did you receive your 2020 tax refund?
We filed Friday 2/26 in the evening and friday morning 3/5 the money was in our bank account.
We plan. G-d laughs.
Re: How quickly did you receive your 2020 tax refund?
I haven't filed yet for 2020, but for the last decade or so it usually averages about 10 business days from when I e-file to direct deposit. My refunds are typically under a $100.CardinalRule wrote: ↑Sat Mar 06, 2021 8:19 am If you have filed your 2020 federal tax return, with a refund due, how quickly did the IRS process it?
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Re: How quickly did you receive your 2020 tax refund?
Filed on 2/12 and got federal before the end of February, state (NC) a few days later.
Re: How quickly did you receive your 2020 tax refund?
Filed February 13, 2021 with H&R Block software. Received notice of acceptance about an hour later.
Received refund February 18, 2021 into my credit union account.
Received $4000 of my $5000 in paper I Savings Bonds February 27, 2021. Still waiting on my last $1000 savings bond as of this writing.
Received refund February 18, 2021 into my credit union account.
Received $4000 of my $5000 in paper I Savings Bonds February 27, 2021. Still waiting on my last $1000 savings bond as of this writing.
"I'm investing in stocks... chicken, beef, and vegetable. It's risky, but I know one day it'll pay off & I'll be a bouillonaire. Who knows, I might even open up a Broth IRA."
Re: How quickly did you receive your 2020 tax refund?
I e-filed via third party app on 2/20 and refund was in my account by Friday 2/26. It was a small refund with child tax credits, pension, and one w-2.
Re: How quickly did you receive your 2020 tax refund?
Filed on 2/19 and accepted by IRS about 30 minutes later. Still waiting on refund, but it is a large one--over $10K. And we had a ton of refundable credits this year--PTC, ACTC, AOC and recovery credits--which I think are an indicator of fraud for the IRS.
Last edited by cowdogman on Wed Mar 17, 2021 11:47 am, edited 3 times in total.
Re: How quickly did you receive your 2020 tax refund?
Filed 2/23 using Free Fillable Forms. Return accepted 35 minutes later. Refund deposited 3/3.
Re: How quickly did you receive your 2020 tax refund?
It took a little over a week e-filing with TurboTax.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
Re: How quickly did you receive your 2020 tax refund?
8 days. Filed and accepted using Turbo Tax on Feb. 25. Direct deposit on Mar. 5.
Re: How quickly did you receive your 2020 tax refund?
Took 11 days to get refund for my son's federal return which I e-filed for him with TurboTax. I'm still waiting on some K-1s to file my return.
Re: How quickly did you receive your 2020 tax refund?
Filed on 2/19 with TurboTax and accepted by IRS same day.
Still waiting on over 6k refund.
We also have ACTC, AOC and recovery credits.
When I check the IRS website, they show no record of my return.
Still waiting on over 6k refund.
We also have ACTC, AOC and recovery credits.
When I check the IRS website, they show no record of my return.
Re: How quickly did you receive your 2020 tax refund?
I got my refund on February 23rd. I filed early, but turbo tax held it for a while before the IRS was ready to accept it. It was all very quick though.
Re: How quickly did you receive your 2020 tax refund?
E-filed via free AARP Foundation's Tax Counseling for the Elderly (TCE) program https://www.irs.gov/individuals/free-ta ... -taxpayers.
IRS accepted 02/25/21, direct deposit received 03/04/21.
IRS accepted 02/25/21, direct deposit received 03/04/21.
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Re: How quickly did you receive your 2020 tax refund?
02/20 filed electronically using TurboTax
03/01 received refund
03/01 received refund
"Yeah, well, you know, that's just like, uh, your opinion, man." - J. Lebowski
Re: How quickly did you receive your 2020 tax refund?
Did you check the "Where's my refund?" page at irs.gov? https://www.irs.gov/refunds My return shows as accepted and has for at least a week. I also filed on 2/19 and am waiting for a refund.
Re: How quickly did you receive your 2020 tax refund?
Yes, sadly I just get this error message:cowdogman wrote: ↑Sat Mar 06, 2021 7:55 pmDid you check the "Where's my refund?" page at irs.gov? https://www.irs.gov/refunds My return shows as accepted and has for at least a week. I also filed on 2/19 and am waiting for a refund.
“ You may not have entered your information correctly. Please verify your personal tax data and try again”
I have seen other people post that they receive the same message, so I just hope it’s a glitch. Next Friday will be 21 days since I filed so then I can call to check.
Re: How quickly did you receive your 2020 tax refund?
Efiled at irs.gov fillable forms and received refund 9 days later. Return was accepted within 24 hours.
Re: How quickly did you receive your 2020 tax refund?
We had a thread over here with several replies on this topic earlier:
viewtopic.php?f=11&t=340996
viewtopic.php?f=11&t=340996
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham
Re: How quickly did you receive your 2020 tax refund?
+1MishkaWorries wrote: ↑Sat Mar 06, 2021 8:57 am We filed Friday 2/26 in the evening and friday morning 3/5 the money was in our bank account.
Impossible is a word to be found only in the dictionary of fools. ~ Napoleon Bonaparte
- Steelersfan
- Posts: 4129
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Re: How quickly did you receive your 2020 tax refund?
I eFiled 2/24 and got notice yesterday that my refund will be in my checking account on 3/10. That's two weeks later. I'm pleased.
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Re: How quickly did you receive your 2020 tax refund?
Same here: eFiled on 2/20. Return was accepted within a few hours, but we are still awaiting refund. Finally, Saturday morning (3/6) IRS' "where's my refund" indicated return processed and refund will arrive in a week or so. This seems later than usual for the return to be "processed". They may have had a flood of returns filed in the days after Feb 12th, including from people who wanted to register a lower 2020 AGI to get a better Stimulus v3.0.L82GAME wrote: ↑Sat Mar 06, 2021 8:48 amA very similar timeline applies to us, and we have yet to receive our refund. In past years, we experienced a quicker turnaround. However, IRS states that it may take up to 21 days from receipt, but perhaps longer under certain circumstances.CardinalRule wrote: ↑Sat Mar 06, 2021 8:19 am For us
• Return e-filed on TurboTax and accepted: 02/20/2021
• Refund received (direct deposit): still being processed as of 3/6/2021
Re: How quickly did you receive your 2020 tax refund?
I’m also missing an I bond and was told to write a letter to below to investigate.obafgkm wrote: ↑Sat Mar 06, 2021 9:14 am Filed February 13, 2021 with H&R Block software. Received notice of acceptance about an hour later.
Received refund February 18, 2021 into my credit union account.
Received $4000 of my $5000 in paper I Savings Bonds February 27, 2021. Still waiting on my last $1000 savings bond as of this writing.
Treasury Retail Securities Services
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844-284-2676
Re: How quickly did you receive your 2020 tax refund?
Thanks. I'll wait another week, just in case it was delayed in the mail somehow.
I'm pretty sure of the serial number; the six $50s were in consecutive numbers, and the $1000 I am missing I think would be in the middle in a series of four consecutive numbers and I received the other three.
I trust I'll be made whole with a paper bond, one way or another.
"I'm investing in stocks... chicken, beef, and vegetable. It's risky, but I know one day it'll pay off & I'll be a bouillonaire. Who knows, I might even open up a Broth IRA."
Re: How quickly did you receive your 2020 tax refund?
Ten days.CardinalRule wrote: ↑Sat Mar 06, 2021 8:19 am If you have filed your 2020 federal tax return, with a refund due, how quickly did the IRS process it?
For us
• Return e-filed on TurboTax and accepted: 02/20/2021
• Refund received (direct deposit): still being processed as of 3/6/2021 (https://sa.www4.irs.gov/irfof/lang/en/i ... status.jsp)
This is very new to us - we have not had a refund for many years. In our case, it's about $9,000, due to some miscalculations on estimated taxes (related to realized capital gains).
Re: How quickly did you receive your 2020 tax refund?
I have the same error. Filed electronically on 2/24 and according to TT was accepted by IRS. Keep us updated!joe-kr wrote: ↑Sat Mar 06, 2021 9:14 pmYes, sadly I just get this error message:cowdogman wrote: ↑Sat Mar 06, 2021 7:55 pmDid you check the "Where's my refund?" page at irs.gov? https://www.irs.gov/refunds My return shows as accepted and has for at least a week. I also filed on 2/19 and am waiting for a refund.
“ You may not have entered your information correctly. Please verify your personal tax data and try again”
I have seen other people post that they receive the same message, so I just hope it’s a glitch. Next Friday will be 21 days since I filed so then I can call to check.
Re: How quickly did you receive your 2020 tax refund?
I just tried an experiment. I entered 1 as my refund amount, and this time it told me my return was still processing, with an expected refund of $0.00.Sjkk0608 wrote: ↑Sun Mar 07, 2021 12:21 pmI have the same error. Filed electronically on 2/24 and according to TT was accepted by IRS. Keep us updated!joe-kr wrote: ↑Sat Mar 06, 2021 9:14 pmYes, sadly I just get this error message:cowdogman wrote: ↑Sat Mar 06, 2021 7:55 pmDid you check the "Where's my refund?" page at irs.gov? https://www.irs.gov/refunds My return shows as accepted and has for at least a week. I also filed on 2/19 and am waiting for a refund.
“ You may not have entered your information correctly. Please verify your personal tax data and try again”
I have seen other people post that they receive the same message, so I just hope it’s a glitch. Next Friday will be 21 days since I filed so then I can call to check.
I hope this is just a temporary status. Please check if you see the same.
Re: How quickly did you receive your 2020 tax refund?
e filed 2/19, accepted 2/19, refund including rebate recovery direct deposited 2/26.
Re: How quickly did you receive your 2020 tax refund?
Parents efiled on 2/25, it was accepted by state on 2/26, refund was direct deposited on 3/4. Took 4 business days.
Mine was efiled and accepted on 3/7, so hopefully I get my refunds sometime later this week.
Mine was efiled and accepted on 3/7, so hopefully I get my refunds sometime later this week.
Re: How quickly did you receive your 2020 tax refund?
Same thing happened for me. I hope it is temporary and they are still processing...joe-kr wrote: ↑Sun Mar 07, 2021 1:28 pmI just tried an experiment. I entered 1 as my refund amount, and this time it told me my return was still processing, with an expected refund of $0.00.Sjkk0608 wrote: ↑Sun Mar 07, 2021 12:21 pmI have the same error. Filed electronically on 2/24 and according to TT was accepted by IRS. Keep us updated!joe-kr wrote: ↑Sat Mar 06, 2021 9:14 pmYes, sadly I just get this error message:cowdogman wrote: ↑Sat Mar 06, 2021 7:55 pmDid you check the "Where's my refund?" page at irs.gov? https://www.irs.gov/refunds My return shows as accepted and has for at least a week. I also filed on 2/19 and am waiting for a refund.
“ You may not have entered your information correctly. Please verify your personal tax data and try again”
I have seen other people post that they receive the same message, so I just hope it’s a glitch. Next Friday will be 21 days since I filed so then I can call to check.
I hope this is just a temporary status. Please check if you see the same.
Re: How quickly did you receive your 2020 tax refund?
E filed Federal the afternoon of 2/24 received "notice" of refund in my checking account on 3/2 and reflected in the account on 3/3. Never had such a quick refund and was expecting it to take weeks/months.
Haven't heard anything about state refund.
Haven't heard anything about state refund.
Re: How quickly did you receive your 2020 tax refund?
I received mine 9 days after efiling.
Re: How quickly did you receive your 2020 tax refund?
Now receiving a new message when I check "Where's my refund?":
Filed on 2/19.Refund Status Results
Your tax return is still being processed.
A refund date will be provided when available
Re: How quickly did you receive your 2020 tax refund?
Return was accepted by the IRS on Feb 13
Still waiting for my refund...
First one in, last one out???
Still waiting for my refund...
First one in, last one out???
Re: How quickly did you receive your 2020 tax refund?
Federal refund was posted to our account in 1 week. Federal return e-filed 3/2/21. Federal refund posted 3/9/21.
The closest helping hand is at the end of your own arm.
Re: How quickly did you receive your 2020 tax refund?
8 days Federal
3 days State (MA)
efiled both returns with TT.
3 days State (MA)
efiled both returns with TT.
Re: How quickly did you receive your 2020 tax refund?
Did you have a relatively large refund--and was the aggregate amount of your refundable credits (1040 Lines 27-31) relatively large? Mine were, which I am guessing is resulting in the delay.
Re: How quickly did you receive your 2020 tax refund?
Filed on 2/12/2021, got my refund less than two weeks later...
catdude |
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All generalizations are false, including this one.
Re: How quickly did you receive your 2020 tax refund?
efiled Federal and NY on Feb 18 using TurboTaxCardinalRule wrote: ↑Sat Mar 06, 2021 8:19 am If you have filed your 2020 federal tax return, with a refund due, how quickly did the IRS process it?
Federal accepted Feb 18
Fed refund Feb 25
NY accepted Feb 19
NY refund Mar 9
Re: How quickly did you receive your 2020 tax refund?
We're still waiting on a refund from 2019!
Also about $9,000.
It was a paper file, though.
Also about $9,000.
It was a paper file, though.
Time is what we want most, but what we use worst. William Penn
Re: How quickly did you receive your 2020 tax refund?
Nothing crazy. Refund is around $3000. Used HR Block online version.
Re: How quickly did you receive your 2020 tax refund?
Nine days, eleven for state refund.
- anon_investor
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Re: How quickly did you receive your 2020 tax refund?
Hmm... I filed on 3/4 after TT fixed their Form 8606 glitch, let's see how long it takes to get my refund... I would have been able to file a few days sooner if not for the TT glitch.
- CardinalRule
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Re: How quickly did you receive your 2020 tax refund?
So as of March 13 I'm still waiting on my refund (e-filed on February 20). Glad to see that so many other folks on the forum have gotten their money fairly quickly.
Refund Status Results
Your tax return is still being processed.
A refund date will be provided when available.
Refund Status Results
Your tax return is still being processed.
A refund date will be provided when available.
- CardinalRule
- Posts: 1204
- Joined: Sun Jan 15, 2017 10:01 am
- Location: United States
Re: How quickly did you receive your 2020 tax refund?
From a Washington Post article this weekend:
The IRS is behind in processing nearly 7 million tax returns, slowing refunds as it implements new stimulus.
The agency has a backlog of returns that have not been processed for weeks. Now it has to send out stimulus payments and change the tax code in the middle of a busy filing season.
The IRS is behind in processing nearly 7 million tax returns, slowing refunds as it implements new stimulus.
The agency has a backlog of returns that have not been processed for weeks. Now it has to send out stimulus payments and change the tax code in the middle of a busy filing season.
- anon_investor
- Posts: 15122
- Joined: Mon Jun 03, 2019 1:43 pm
Re: How quickly did you receive your 2020 tax refund?
I efiled via TT on 3/4. The IRS website updated overnight, now showing my refund approved with 3/17 as the scheduled transfer date to my bank.