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Frequent Contributor
Posts: 260
Registered: ‎12-02-2008

Turbo tax. Is it REALLY going to take that long for my refund??

I used turbo tax last year and dont rememeber how long it took to get my refund. I understand that the disclaimer says "get your refund in as little as 8 days"

 

My return was accepted by the irs on January 23rd which means my refund wont be sent via direct deposit untill Feb 5 (according to the irs cycle chart).

 

I went to the irs website and used the Where's my refund function just to check the status and it even said that I should have my refund by Feb 9th.

 

That's 17 days. I just don't remember it taking that long when I've used it in the past.

 

If it makes a difference the return was accepted 3:50 am.

Valued Contributor
Posts: 2,708
Registered: ‎10-16-2008

Re: Turbo tax. Is it REALLY going to take that long for my refund??

It wasn't too long ago that refunds took several months to show up in the mailbox! You'd give it at least a few weeks after mailing in your return before you'd start checking the mailbox every day (sometimes twice a day, just in case the mailman messed up and later came back with it...wishful thinking), hoping to see that check from Treasury...until finally, the magic moment when that check was actually there!

 

Then you'd suddenly realize it was Saturday, and all the banks were closed. No matter, though. All the stores closed up tight at 5 PM, and didn't reopen until Monday, so shopping with that tax money had to wait anyways.

 

 


Wow. We get used to faster and faster for everything pretty quickly, don't we?


 

Valued Contributor
Posts: 1,148
Registered: ‎04-23-2008

Re: Turbo tax. Is it REALLY going to take that long for my refund??

[ Edited ]
It is very possible as I have often been an early filer and I get my refunds very quickly, one time within 6 days. So it is very realistic if you are filing this early that you will get it that fast. Hope that helps from someone who has been using TurboTax for almost 10 years, if not more. To add, this is especially so if you are doing direct deposit which is what I do.
Message Edited by Guardian on 01-26-2010 03:08 PM

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Regular Contributor
Posts: 114
Registered: ‎03-12-2009

Re: Turbo tax. Is it REALLY going to take that long for my refund??

[ Edited ]
I filed on the 15th and got mine back today.  I used turbotax.  I also did the direct deposit.  Not too shabby.
Message Edited by anevilpetingzoo on 01-26-2010 04:21 PM
Established Contributor
Posts: 852
Registered: ‎09-18-2007

Re: Turbo tax. Is it REALLY going to take that long for my refund??

Just curious....for those of you who have already filed...do you actually have your W-2's?  Or are you using your last payment stub or something?  It would take a miracle for me to get mine before January 31...always, always seem to be mailed on the last possible date.  I have already done my taxes in Turbo tax, but waiting.....

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Super Contributor
Posts: 5,759
Registered: ‎01-28-2008

Re: Turbo tax. Is it REALLY going to take that long for my refund??

Mines was filed on the 15th.  Refund sitting in que and will DD on 1/29. 
Regular Contributor
Posts: 114
Registered: ‎03-12-2009

Re: Turbo tax. Is it REALLY going to take that long for my refund??

I got my W2 on the 14th.  My employer doesn't mail them, they just pass them out at the front door!
Super Contributor
Posts: 5,759
Registered: ‎01-28-2008

Re: Turbo tax. Is it REALLY going to take that long for my refund??


anevilpetingzoo wrote:
I got my W2 on the 14th.  My employer doesn't mail them, they just pass them out at the front door!

That's better than mailing to save money to avoid laying off employees.  Great call for your employer!

Valued Contributor
Posts: 1,148
Registered: ‎04-23-2008

Re: Turbo tax. Is it REALLY going to take that long for my refund??

For me they use ADP and they provide the w2 electronically in PDF format to download off their server and so it cuts down transit and prep time because you get it the moment they have it and not have to wait until you get it in the mail over a month or so later. That's for me and I get my financial institution 1099s electronically too, so I have everything I need, especially that I e-file, so no paper at all unless some small things they send out these obligatory notices that say $0 which is ridiculous waste but since it doesn't affect anything I don't care that I didn't wait for it.

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Super Contributor
Posts: 8,188
Registered: ‎03-25-2007

Re: Turbo tax. Is it REALLY going to take that long for my refund??


demi wrote:
Just curious....for those of you who have already filed...do you actually have your W-2's?  Or are you using your last payment stub or something?  It would take a miracle for me to get mine before January 31...always, always seem to be mailed on the last possible date.  I have already done my taxes in Turbo tax, but waiting.....

I am still waiting for mine.....

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