Headlines from just about every major news outlet…and word from the IRS itself…indicates that tax season is going to be a mess this year. Combine a staffing shortage, supply chain issues and pandemic related law changes and it could take a bit to get your refund. How do you help expedite the process? Well, here are four tips to get your refund as fast as possible this year:
- File ASAP. Instead of waiting at least another month . . . or two . . . knock out your filing now, before everyone else.
- Use e-filing. Don’t mail in your tax forms . . . instead, use electronic filing. The IRS says e-filing can get you a refund within 21 days . . . at least twice as fast as if you use the mail.
- Don’t make any mistakes. Obviously getting audited is bad and will CLEARLY slow down your refund. But even having a few minor mistakes can slow things down if the IRS has to check them against their records.
- Request direct deposit. If you let the IRS just dump your refund into your bank account instead of asking for a check, you can get your refund sooner.