2022 tax refund: How to get your tax refund faster

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It’s tax season, so millions of Americans will be working to file their taxes and receive their tax refunds this spring.

Yes, but: The IRS has admitted that tax refunds may take some time due to delays, including due to COVID-19 stimulus checks and child tax credits issued in 2020 and 2021.

  • “In many areas, we are unable to provide the amount of service and enforcement that our taxpayers and our tax system deserve and need,” IRS Commissioner Chuck Rettig said, according to Marca. . “It’s frustrating for taxpayers, for IRS employees, and for me.”

Tips for faster refunds: According to CBS News, there’s a quick way to get your tax refund as soon as possible:

  • File your taxes as soon as you can through an online service – like IRS Free File or TurboTax.
  • Request that your tax refund be sent to your bank or online banking account.
  • Make sure your return contains no errors.

However: A number of companies, including TurboTax, H&R Block and Jackson Hewitt, offer prepayment services, which can pay you off in advance as a type of loan, according to CBS News.

Timeline to consider: According to Bankrate.com, the time it takes to receive your tax refund may depend on when and how you file your claim.

  • Seven to 21 days — Anyone who files online and receives by direct deposit should expect to receive their return in one to three weeks.
  • twenty one days — Anyone who uses paper deposit and adopts direct deposit.
  • Forty-two to 56 days — Anyone who files online or on paper and issues a reimbursement check by mail.
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