When the Tax Home page at TurboTax shows your efiled return as "accepted", that refers only to the efile status. It means the efile was successfully sent to the IRS and that the IRS computers determined that it met all the technical requirements such that they could begin processing it. i.e., the IRS accepted it for processing.
What does accepted mean on TurboTax support video accepted?
What Does Accepted Mean? - TurboTax Support Video Accepted means your return was received and the basics (such as the correct social security number) seem to be in order. Once the IRS takes a deeper look, they will (hopefully) quickly approve your refund.
Is it normal for my taxes to be accepted on TurboTax?
June 6, 2019 10:51 AM Yes, it's very normal. The accepted in TurboTax will remain that way from here on out. That just lets you know the government received your return. There are no further updates to be provided to TurboTax. From this point forward, you'll check your status of your returns with the IRS and/or your state.
What does it mean when your tax return is accepted?
Accepted means your return was received and the basics (such as the correct social security number) seem to be in order. Once the IRS takes a deeper look, they will (hopefully) quickly approve your refund. For more details on their process, see: Does accepted mean my refund is approved?
Will TurboTax let me file electronically a 2nd time?
I have both the "accepted" status on TurboTax and emails from both fed and state saying that my returns were accepted. The IRS web page does not show any info on my 2019 return and there is no one manning the phones. Turbo tax will not let you file electronically a 2nd time. I'm concerned that both state and fed are lost.
How long does it take for IRS to approve refund after it is accepted?
The IRS issues more than 9 out of 10 refunds in less than 21 days. However, it's possible your tax return may require additional review and take longer.
What does it mean when TurboTax says my refund was accepted?
Accepted means your tax return is now in the government's hands and has passed the initial inspection (your verification info is correct, dependents haven't already been claimed by someone else, etc.). After acceptance, the next step is for the government to approve your refund.
How long does TurboTax take after accepted?
Once you are accepted, you are on the IRS payment timetable. Only the IRS knows the status of processing your tax return, whether you owe taxes or are due a refund. In prior years, the IRS issued more than 9 out of 10 refunds to taxpayers in less than 21 days last year. The same results are expected for 2021.
How long does it take for IRS to approve refund after it is accepted 2022?
How quickly will I get my refund? (updated July 7, 2022) We issue most refunds in less than 21 calendar days. However, if you filed on paper and are expecting a refund, it could take six months or more to process your return.
Can IRS reject tax return after it has been accepted?
No. Once your return is accepted by the IRS, it can't be rejected. If anything, they may send a letter or notice requesting additional support if needed. The IRS operations are limited during the Covid-19 pandemic.
Why has my refund been accepted but not approved?
An incomplete return, an inaccurate return, an amended return, tax fraud, claiming tax credits, owing certain debts for which the government can take part or all of your refund, and sending your refund to the wrong bank due to an incorrect routing number are all reasons that a tax refund can be delayed.
Will TurboTax tell you when my refund is deposited?
TurboTax refund tracking guide If you used TurboTax to e-file your return, you can login to your TurboTax Online account to check the e-file status. After your tax return has been accepted by the IRS, only the IRS can tell you the status of processing that return, whether you owe taxes or are due a tax refund.
Is refund accepted the same as approved?
A federal return that's been 'accepted' means it has passed an initial screening, which includes some basic checks. Once it has entered this phase, its status will remain the same until it has been “Approved.” This would mean it has been processed and that the IRS has approved the release of your refund.
Does TurboTax show your refund date?
tool to track your federal refund status. The tool will show “Return Received” once the IRS has begun processing your return. Keep in mind: you will not see a refund date until the IRS finishes processing and approves your tax refund.
How long does Turbotax take to direct deposit?
within 21 daysE-filed tax returns with direct deposit: E-file with direct deposit is the fastest way to get your federal tax refund. Typically, the IRS expects to issue nine out of 10 tax refunds within 21 days after acceptance if there are no issues.
What days is the IRS depositing refunds 2022?
2022 IRS refund schedule chartDate taxes acceptedDirect deposit sentPaper check mailedFeb. 15 – Feb. 21Feb. 28March 7Feb. 22 – Feb. 28March 7March 14March 1 – March 7March 14March 21March 8 – March 14March 21March 2823 more rows•Feb 8, 2022
Does the IRS count weekends as Processing Days 2022?
The IRS has given guidelines this year that 90% of tax filers should receive their refund within 21 days of filing. The IRS works weekends during tax season, so it's 21 days, not "business days".
Why does TurboTax say my refund was accepted but IRS doesn t?
Is this normal? It simply means that your e-filed return is being processed and that the government hasn't approved or rejected it yet. Sometimes return status does not update for several days or even longer. During this time, the government reviews your refund (processing).
Is refund accepted the same as approved?
A federal return that's been 'accepted' means it has passed an initial screening, which includes some basic checks. Once it has entered this phase, its status will remain the same until it has been “Approved.” This would mean it has been processed and that the IRS has approved the release of your refund.
Is TurboTax accurate on refund accepted?
100% Accurate Calculations Guarantee: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest.
Why does TurboTax say my refund was accepted but IRS says processing 2022?
It means the efile was successfully sent to the IRS and that the IRS computers determined that it met all the technical requirements such that they could begin processing it. i.e., the IRS accepted it for processing.