The Earned Income Tax Credit (EITC) or the Additional Child Tax Credit (ACTC) came as a welcome boost for many people, but there are still some who are due a refund.
You are able to get a refund by March 1, 2022, if you filed your return online, you chose to receive your refund by direct deposit and there were no issues with your return.
It is possible that you could receive your refund a few days prior to this date, though. In order to see your personalized refund date, it is worth checking the ‘Where’s My Refund‘ tool on IRS.gov.
One further point to make is that your financial institution might take some extra time when it comes to your direct deposit or issuing a debit card, as many institutions do not process payments if it falls on a weekend or a holiday. Therefore, it is important to bear in mind that this could have an impact on how quickly you receive your refund.
Why haven’t I received my refund?
The IRS is unable to issue EITC or ACTC refunds before mid-February because of the law, and this includes your entire refund not only the part that is in relation to the credit you claimed on your tax return.
If you were one of those people who claimed the EITC or ACTC, the IRS may require more information from you about your return. If this is the case, you will be sent a letter.
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