While we can all debate the wisdom of having paid or withheld enough taxes to be receiving a refund, the fact is when we do get a federal tax refund it sure is nice to have it arrive.
The Internal Revenue Service has been kind enough to offer a schedule of when you can generally expect your 2009 tax refund based on your filing date. The schedule covers your filing of your refund tax return all the way through the extended due date of October 15, 2010.
To review the refund timing chart or print your own copy click here for the chart in PDF format.
There is one important glitch in this refund schedule however. For all of you that are expecting a large and much needed refund due to the first time home buyer credit or the long time homeowner credit this refund schedule may not hold true. For those of you taking the credit the IRS has required that, in most cases, you file your return by paper and not electronically. In addition, they (IRS) have suggested that there will be extra processing on your returns with the credit. All this means that you home buyers may see your refunds taking three to five weeks longer than the posted schedule. Click here to read a prior posting about this topic.
Still have questions about that status of your refund? To check the status of a refund go to www.irs.gov and click on Where’s My Refund? Or call the IRS to get refund information by phone at 800-829-1954 or 800-829-4477.
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