how tax refund are issued
tax refunds usually are issued either as checks and sent by u s mail or as direct deposits to the taxpayer s bank account alternatively taxpayers can use the refund to buy u s series i savings bonds or have it loaded on a prepaid debit card the fastest way to get a refund is to e file your tax return and choose direct deposit most refunds are issued within a few weeks of when the taxpayer files their tax return however there may be some instances where a refund takes longer 14for example taxpayers who claim the eitc will receive their refunds by february 27 that s because the law requires the irs to hold on to these refunds until march due to years of fraudulent filings for the credit 15refunds are always pleasant but it would be better to avoid overpaying in the first place by correctly filling out your w 4 or precisely calculating your estimated taxes the closer you get your refund to zero the more money you will have throughout the prior year of course not everyone agrees some people consider tax refunds an alternative savings plan and look forward to the lump sum repayment 