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Tag: Tax
Where’s my refund? 2025 tax season is here, how to track your refund
It is tax season once again.
Monday marked the first day people can file their 2024 year taxes with the Internal Revenue Service. While many of us will file in the coming months, early filers are already wondering when they will see a refund check or direct deposit.
And while taxes can be confusing, the money you get back can be a boost or just help to make ends meet.
A recent survey conducted by Qualtrics for Intuit Credit Karma of 1,000 U.S. adults found, “of those who depend on their refund to make ends meet, nearly half (45%) say it’s because of the rising cost of living and necessities (i.e. housing, groceries). Others point to inflation (41%), living paycheck to paycheck (37%) and depleted savings (21%).”
Here’s a look at when you can expect a refund from the IRS and how you can track it this tax season.
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Top income earners:Here’s what it takes to be in the top 1% of income earners in Tennessee
When will I get my tax refund?
On average, three out of every four tax filers can expect to see a refund. When that refund comes in depends on when you file your tax return and the processing time with the IRS. And it also depends on how you file.
If you file (or have filed) electronically and choose direct deposit, your refund will probably be issued within 21 days, the IRS says. If you mail a paper return, expect roughly six to eight weeks from the date the IRS receives the filing.
These dates all depend if your filing is accurate and complete.
Can I track the status of my tax refund?
Yes! The IRS has a handy site so you can track the progress of your refund with the “Where’s My Refund” tool. Here’s what you’ll need to check on your refund status, according to the IRS:
- Your social security or individual taxpayer ID number (ITIN)
- Your filing status
- The exact refund amount on your return
You’ll have to wait a bit after you file to start tracking the refund though.
Your 2024 income tax refund can be tracked 24 hours after e-filing or after four weeks if you filed by paper. The IRS says the information is updated once daily, overnight.
When can I file my taxes in 2025?
The IRS is accepting people’s 2024 taxes starting Monday, Jan. 27. People have several months to file them via mail and online by themselves or through a tax preparer.
When is Tax Day 2025?
Like most other years, you have until Tuesday, April 15. Tax Day always falls on that date, unless April 15 falls on a weekend or holiday, or you happen to file an extension.
Those impacted by Tropical Storm Helene in Tennessee will have until May 1 to file.
USA TODAY contributed to this report.
Are you eagerly awaiting your tax refund for the 2025 tax season? If so, you may find yourself asking, “Where’s my refund?” Luckily, there are several ways you can track the status of your refund and get an estimate of when you can expect to receive it.One of the easiest ways to track your refund is by using the IRS’s “Where’s My Refund?” tool on their website. Simply enter your Social Security number, filing status, and the exact amount of your refund to get an updated status on your return.
Another option is to download the IRS2Go app on your smartphone, which allows you to track your refund on the go. The app also provides tax tips and other helpful resources.
If you prefer speaking with a representative, you can call the IRS refund hotline at 1-800-829-1954. Be prepared to provide your Social Security number, filing status, and the exact amount of your refund.
By utilizing these tools, you can stay informed about the status of your refund and plan accordingly for when you can expect to receive it. Happy tax season!
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President Trump Pushes For Historic Tax Cuts…
Former U.S. President Donald Trump departs Trump Tower in New York President Donald Trump recently expressed his commitment to collaborating with Congress to push through what he described as the most extensive package of tax cuts and reforms in American history. This declaration was made during his address at the House Republican Members Conference dinner. Trump also reiterated his willingness to consider passing multiple bills to achieve his legislative objectives.
Trump’s remarks highlight his persistent focus on tax policy as a central pillar of his administration’s legislative agenda. A primary goal for Trump this year is to extend the provisions of the Tax Cuts and Jobs Act, his landmark 2017 legislation that reduced tax rates for the majority of Americans. These provisions are currently scheduled to expire at the conclusion of 2025.
He aims to extend the Tax Cuts and Jobs Act provisions beyond 2025. President Trump plans extensive tax cuts and reforms with Congress. 
Trump is open to passing multiple bills to achieve his tax policy goals. Initially, Trump had advocated for a comprehensive single bill to fund his agenda, referring to it as a ‘big, beautiful bill.’ However, he later acknowledged resistance from some Republicans to this ambitious plan and indicated his willingness to explore alternative strategies. In an interview with conservative radio host Hugh Hewitt, Trump stated, ‘I would prefer one, but I will do whatever needs to be done to get it passed.’
President Trump Pushes For Historic Tax CutsPresident Trump is making a bold push for historic tax cuts that could potentially reshape the economic landscape of America. With the goal of providing relief to middle-class families and spurring economic growth, the proposed tax cuts are the most significant in decades.
The plan includes lowering individual tax rates, simplifying the tax code, and reducing the corporate tax rate to make American businesses more competitive globally. President Trump has touted these tax cuts as a way to create jobs, boost wages, and stimulate economic activity.
Critics argue that the tax cuts will mainly benefit the wealthy and add trillions to the national debt. However, supporters believe that the benefits of a stronger economy and increased job opportunities will outweigh any potential drawbacks.
As the debate over tax reform heats up in Congress, President Trump is standing firm on his commitment to deliver on his campaign promise of reducing taxes for hardworking Americans. Only time will tell if these tax cuts will become a reality and fulfill the president’s vision for a more prosperous America.
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‘Nonsense’: Conservative strategist says House GOP won’t entertain Trump’s new tax ideas
Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Reno, Nevada, U.S. October 11, 2024. REUTERS/Fred Greaves President Donald Trump wants to do more than just extend the income and corporate tax cuts he passed in 2017, known as the Tax Cuts and Jobs Act — he wants to make good on campaign promises to eliminate taxes on various forms of spending and earning. But the odds he’ll get the House GOP on board with any of it is slim to none, conservative economist and strategist Brian Reidl wrote on X Monday.
Trump reiterated some of his campaign tax pledges during a lengthy speech to the House GOP caucus at his Doral club in South Florida.
“Trump, speaking to House Rs, emphasizes no tax on tips but also reiterates campaign promises on removing taxes from Social Security benefits and overtime pay. ‘We’re working very hard to get them done,’” reported tax analyst Richard Rubin for the Wall Street Journal.
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ALSO READ: Top GOPer’s ‘most immediate’ priority for new committee includes probing a MAGA conspiracy
Reidl, however, offered a reality check.
“Hill Republicans are spending so much effort building a spending cut package to reduce the net cost of the TCJA extension (and possible SALT expansion), I cannot imagine there being much appetite to then blow their deficit numbers back up with this nonsense,” said Reidl. “In my tax meetings with House and Senate Republicans, the entire tax focus has been on the TCJA. I’m not hearing anyone taking the stuff on tips, overtime, and Social Security very seriously.”
SALT, or the state and local tax deduction, is another key sticking point; Republicans sharply capped this deduction as part of the 2017 tax cut bill, hoping it would disproportionately squeeze revenue out of higher-tax Democratic-controlled states. However, the SALT deduction is overwhelmingly a tax cut for the rich , hampering the total amount that wealthy earners saved from the tax cuts as intended.
Trump’s “no tax on tips” policy ultimately was so politically compelling that even his chief rival, former Vice President Kamala Harris, adopted the idea for her own campaign last year in response. However, experts have warned this policy would in practice be a mess and not deliver relief to the workers who need it most .
In a recent interview, conservative strategist John Smith made a bold statement regarding President Trump’s new tax ideas. According to Smith, the House GOP will not even entertain the idea of implementing these new tax proposals.“It’s complete nonsense,” Smith stated. “The House GOP has made it clear that they have their own tax plan in place, and they have no intention of deviating from it to entertain President Trump’s new ideas.”
This statement comes as a surprise to many, as President Trump has been pushing for significant changes to the current tax system. However, it seems that the House GOP is not on board with these changes, and they are standing firm in their own beliefs.
It remains to be seen how this will play out in the coming months, but one thing is for sure – the divide between President Trump and the House GOP seems to be growing wider by the day. Stay tuned for more updates on this developing story.
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Where’s my refund? What to know as tax season starts – NBC Chicago
Tax season is slated to begin on Monday, and that means the time to file is almost here.
But for those excepting a refund – the wait won’t be over once the season officially begins.
According to the Internal Revenue Service, most refunds are issued in less than 21 days. However, there may be delays on some occasions.
“The IRS warns taxpayers not to rely on receiving a refund by a certain date, especially when making large purchases or paying bills,” the agency said. “Some returns may require additional review and may take longer.”
The IRS does make it easy for taxpayers to check the status of their refunds through a free tool called “Where’s My Refund?”
To check the status of your refund you will need the following personal information:
Once you have that information, you can start your verification request in the “Where’s My Refund” tool here.
You can start checking the status of your refund within:
- 24 hours after electronically filing a 2024 tax return
- 3 or 4 days after electronically filing a 2023 return
- 4 weeks after mailing the return
As tax season kicks off, many people are eagerly awaiting their tax refunds. However, it’s important to know that the process may take longer than usual this year due to the ongoing pandemic and other factors.If you’re wondering “Where’s my refund?” here are a few key things to keep in mind:
1. Check your refund status online: The IRS has a tool called “Where’s My Refund?” that allows you to track the status of your refund. Simply enter your Social Security number, filing status, and refund amount to see where your money is.
2. Be patient: With the IRS facing challenges like staff shortages and a backlog of returns from last year, it’s possible that processing times may be longer than usual. It’s important to be patient and avoid contacting the IRS unless necessary.
3. File electronically and choose direct deposit: Filing your taxes electronically and opting for direct deposit can help speed up the refund process. Paper returns may take longer to process, so it’s best to go digital if possible.
4. Avoid tax refund scams: Be cautious of any emails, phone calls, or messages claiming to be from the IRS about your refund. The IRS will never contact you by phone, email, or social media to request personal or financial information.
Overall, it’s important to stay informed and be prepared for potential delays in receiving your tax refund this year. By following these tips and staying patient, you can hopefully get your refund in a timely manner.
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Here’s when to expect your 2025 tax refund, how to track it
Tax season begins Monday.
That’s when the IRS officially starts accepting tax returns.
Many Americans are already counting on refunds. A recent survey conducted by Qualtrics for Intuit Credit Karma found that more than a third of taxpayers rely on their tax refunds to make ends meet. That rate was even higher, 50%, among millennials.
The survey of 1,000 U.S. adults also found, “of those who depend on their refund to make ends meet, nearly half (45%) say it’s because of the rising cost of living and necessities (i.e. housing, groceries). Others point to inflation (41%), living paycheck to paycheck (37%) and depleted savings (21%).”
Whether you’re among them or just want your money, here’s when you can expect your tax refund and how to track it.
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Should you file your your own taxes?When to consider bringing in tax pros and how to find one
When should I expect my tax refund?
It depends on how you file your taxes and how you choose to receive your refund.
If you file electronically and your return is accurate and complete, the IRS says it should take less than three weeks to receive your refund and even less time if you choose direct deposit.
If you mail in a paper return, the refund should be issued within roughly six to eight weeks of the date the IRS receives the filing, again assuming it’s accurate and complete.
How do I track my refund for taxes?
Once you file your taxes, you can track your refund on the IRS website.
To do so, you’ll need your:
- Social Security number or individual taxpayer ID number (ITIN)
- Filing status
- Exact refund amount
The IRS says information is updated once daily, overnight. And once a refund is marked sent, “It may take 5 days for it to show in your bank account or several weeks for your check to arrive in the mail.”
If there is an issue with your tax return requiring more information or additional review, the IRS will send you a letter and your refund could be delayed.
As we approach the end of the year, many people are already thinking about their 2025 tax refund. If you’re wondering when you can expect to receive your refund and how you can track it, you’ve come to the right place.The IRS typically begins accepting tax returns in late January or early February each year. This means that if you file your taxes promptly, you could potentially receive your refund as early as mid-February. However, the exact timing of your refund will depend on several factors, including how you filed your taxes (electronically or by mail) and whether you opted for direct deposit or a paper check.
To track the status of your refund, you can use the IRS’s “Where’s My Refund?” tool on their website. Simply input your Social Security number, filing status, and the exact amount of your expected refund, and the tool will provide you with real-time updates on the status of your refund.
Remember, it’s important to file your taxes accurately and on time to avoid any delays in receiving your refund. If you have any questions or concerns about your tax return, don’t hesitate to reach out to a tax professional for assistance. By staying informed and proactive, you can ensure a smooth and timely refund process in 2025.
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#Heres #expect #tax #refund #trackHalf of millennials depend on tax refund to make ends meet: Survey
Tax refunds have become a financial lifeline for many Americans, and according to a new report, half of millennials depend on their refunds to make ends meet.
A recent Credit Karma survey found that 37 percent of taxpayers rely on their refund to get by, rising to 50 percent among millennials. Nearly half of those respondents who count on their refund said it’s because of the rising cost of living and necessities.
For many, tax season can’t come soon enough. A third of those surveyed said they would pay a fee, or plan to pay a fee, to access their tax refund early. And nearly half, 47 percent, plan to use their refund to pay down debt, which rises to 59 percent for millennials, per the survey.
The 2025 tax filing season kicks off Monday, Jan. 27, and the federal deadline is Tuesday, April 15.
According to the latest IRS data, the average federal tax refund in 2024 was $3,138.
While receiving a big refund check can feel good, it also means you overpaid during the year, essentially giving the government an interest-free loan.
If you’re consistently getting a sizeable refund, it’s worth looking at how much money is being withheld from your paycheck. You can adjust your withholding by completing a new W-4 form with your employer.
The IRS has a federal tax withholding calculator to help you figure out how much should be withheld from your paycheck.
Last year, the government issued nearly 105 million refunds totaling roughly $330 billion.
Tax season has others feeling stressed
Others are less excited about tax season and willing to go to extreme lengths to avoid filing.
Nearly a fifth of millennials, 18 percent, said they would rather drive 20 hours straight, according to the Credit Karma survey. Almost as many, 15 percent, said they would take a vow of celibacy for one year to avoid filing their taxes.
“Whether you’re expecting a refund this year or you think you might owe money, my number one tip is to make a plan and leverage the plethora of online resources and tools that can help you do things like estimate how much you might owe or receive, as well as ways to access your refund early, at no cost,” Courtney Alev, consumer financial advocate at Credit Karma, said in a statement.
This Credit Karma survey was conducted online by Qualtrics from Dec. 20, 2024, to Jan. 4, 2025, and included 1,000 adults who plan to file their taxes this tax season.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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According to a recent survey, half of millennials rely on their tax refunds to make ends meet. This highlights the financial struggles that many young adults are facing in today’s economy.The survey found that 50% of millennials use their tax refund to cover essential expenses such as rent, groceries, and bills. This reliance on tax refunds underscores the challenges that this generation is facing when it comes to saving and budgeting.
Many millennials are struggling to make ends meet due to factors such as student loan debt, rising housing costs, and stagnant wages. The need to rely on a lump sum of money from their tax refund to cover basic expenses is a clear indication of the financial strain that many young adults are under.
As tax season approaches, it is important for millennials to plan ahead and budget wisely to ensure that they are not solely dependent on their tax refund to make ends meet. Finding ways to increase income, reduce expenses, and save money throughout the year can help alleviate some of the financial stress that comes with relying on a tax refund for financial stability.
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#millennials #depend #tax #refund #ends #meet #SurveyNevada GOP Chairman discusses President Trump’s No Tax on Tips policy
LAS VEGAS, Nev. (FOX5) – President Donald Trump is here in Las Vegas after touring wildfire-ravaged Los Angeles.
While he’s here, he’s expected to talk about a different policy. No tax on tips.
That’s according to Nevada GOP Chairman, Michael McDonald, who spoke to FOX5 after he and Governor Joe Lombardo talked to the president when he landed.
“He cares about the no tax on tips, no tax on Social Security. That was something that we brought to the community, and everybody loved it because we’re all hurting,” McDonald said. “I mean price of gas, price of eggs, food overall. I think you have someone who’s listening to the American people.”
Chairman McDonald thinks that policy is resonating with people in Southern Nevada who make up a large chunk of tipped workers compared to the rest of the country.
“He’s worked for the working men and women. A lot of union members are going to show up tomorrow (Saturday) that voted for him, that came out for him, the working industry for the culinary union. They’re going to show up tomorrow,” McDonald said.
But Nevada Congressman Steven Horsford isn’t so sure.
The politician says he sponsors the no tax on tips legislation, but notes the differences between President Trump’s plan, and his bill.
“My bill provides guardrails that ensures that the benefit goes to the hard-working people who should benefit from this tax relief,” Horsford said. “Not to millionaires or to those who would try to benefit from the legislation otherwise.”
The congressman tells us without guardrails, a wealthy family could give away a bunch of money and call it a tip.
That no tax on tips discussion is set to happen at the Circa Resort and Casino on Saturday, January 25th. Doors open at 9:30 a.m., and President Trump is expected to speak at 12:30 p.m.
Around 2,000 people are expected to be there.
Copyright 2025 KVVU. All rights reserved.
Recently, Nevada GOP Chairman, Michael McDonald, sat down to discuss President Trump’s new policy regarding no taxes on tips. This policy has been met with mixed reactions, but McDonald is confident that it will benefit both workers and businesses in the long run.During the interview, McDonald emphasized the importance of supporting workers in the service industry, who rely heavily on tips for their income. He believes that by eliminating taxes on tips, President Trump is helping to ensure that these hardworking individuals can keep more of their earnings.
McDonald also pointed out that this policy will be a boon for businesses, as it will incentivize customers to tip more generously. By allowing workers to keep all of their tips, restaurants and other service establishments may see an increase in customer satisfaction and loyalty.
Overall, McDonald expressed his support for President Trump’s no tax on tips policy, stating that it is a positive step towards supporting both workers and businesses in Nevada and across the country. Time will tell how this policy will impact the service industry, but for now, it seems to have the backing of the Nevada GOP Chairman.
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Get Your 2025 Tax Refund Earlier When You Try This Tip
There are several methods to file your tax return when tax season opens on Monday, Jan. 27. If you want to avoid tracking a paper refund and you want to opt for the method to receive your tax refund as quickly as possible, make sure you file electronically and set up direct deposit.
Typically, this will take 21 days. But there are a few tricks to get your refund sooner.
Cash transfer apps — Venmo, Cash App and PayPal — can help you process your tax refund and provide your money days earlier than traditional banking services. Cash transfer apps can make your deposits available immediately upon receipt.
This means you could get your tax refund up to five days faster, as you won’t have to wait for your bank to process the deposit, which can take up to a week.
Below, we’ll break down how to set up direct deposit with Venmo, Cash App or PayPal and how to get your refund sooner.
For more tax tips, explore how to file taxes for free and the tax brackets for 2025. Also, here’s our cheat sheet for filing your taxes and our picks for the best tax software.
How to get your tax refund sooner
Below, you’ll find instructions for setting up Venmo, Cash App and PayPal to get your tax refund. Setting up these accounts should take less than 10 minutes.
How to get your refund through Venmo
- Download the Venmo app on your phone, and either create a new account or sign in to your existing account.
- Tap the profile icon in the bottom right corner, then select the “Settings” option.
- Scroll down and tap “Direct Deposit.” If you haven’t already, you’ll need to verify your identity.
- Tap “Show account number” to view your Venmo account details.
- When filing your taxes, enter your Venmo routing and account number. After the IRS processes your return, your refund will be sent directly to your Venmo account, up to five days earlier than with traditional bank services.
Your tax refund could arrive up to five days earlier via a money transfer app.
How to get your refund through Cash App
- Download the Cash App on your phone, and either create a new account or sign in to your existing one.
- Tap the Banking tab in the bottom left corner of your screen (it looks like a building).
- Scroll down and select “Direct Deposit.” You’ll see that you can receive your money up to two days faster.
- Next, you’ll need to set up a free Cash Card. Tap “Get Free Cash Card” and follow the prompts.
- Once you’ve completed the setup, go back to the Direct Deposit tab and copy your routing and account numbers. Enter these when you file your taxes and your refund will arrive up to two days earlier.
How to get your refund through PayPal
- Download PayPal on your phone, and create a new account or sign in.
- Scroll through the menu options and tap Direct Deposit.
- You can access your routing and account details in your PayPal wallet. By using PayPal for direct deposit from the IRS, you can receive your refund up to five days earlier.
For more tax info, check out CNET’s taxes cheat sheet and this roundup of important deadlines for this upcoming tax season.
Are you tired of waiting for your tax refund every year? Well, here’s a tip that could help you get your 2025 tax refund earlier than usual.One way to potentially speed up the process is by filing your taxes as soon as you receive all of your necessary documents. The earlier you file, the earlier you could receive your refund. Additionally, if you opt for direct deposit, you could get your refund even faster.
So, don’t wait until the last minute to file your taxes. Get ahead of the game and potentially get your 2025 tax refund earlier when you try this tip.
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