News: Past tax credits you can still apply for!
Where’s my federal tax refund?
Did you know that you can track your federal tax refund after you file your taxes to find out when you will get it? The IRS “Where’s My Refund?” website is updated every 24 hours.
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If you e-file, you can check the status of your refund just 24 hours later. If you file your return by mailing a paper form, you should wait four weeks to check the status of your refund.
To get your tax refund faster, e-file your return! If you e-file, you will usually get your refund in 7 to 10 days. If you file a paper return, it usually takes about 3 to 4 weeks to get your refund.
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You can also track your refund with the IRS mobile app, IRS2Go.
Where’s my Vermont tax refund?
You can also track your Vermont tax refund after you file your taxes to find out when you will get it. Allow at least five working days for your bank to process your refund after the state shows that your refund has been issued.
Beware of tax refund services
Have you seen the ads for “instant money,” “rapid refunds” or “electronic refund advances”? These tax services often take a large part of your tax refund. Don’t be fooled by flashy ads!
What do these tax service companies really offer? They give you a very expensive loan. The interest rate on the loan can cost you from 173% to more than 200% interest per year!
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There are other problems with these loans. What happens if the tax preparer makes a mistake? What happens if the IRS withholds your refund? You still have to repay interest on the loan you got from the tax service company.
You’ll get more of your tax money if you wait for the IRS to give you your refund check in the normal time. Usually, it only takes 2 to 4 weeks to get your refund. E-filing (filing online) is even faster – if you e-file, you will usually get your refund in 7 to 10 days.
Why pay a company hundreds of dollars for a “rapid refund”? The “rapid refund” will only get to you a few days earlier – and your refund will be a lot less money! Why not save those hundreds of dollars for yourself and your family?
Get free tax filing help
Get free help from volunteer tax preparers. Learn more on our Tax Filing Help page.
Source: https://t-tees.com
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