On January 29, 2024, the IRS officially started the tax season for this year. Taxpayers who have filed their tax returns must wonder what the payout date for their refund is. Read this article further to know about Tax payout dates for this year, and how to track your status of refunds.
IRS Payout Dates 2024
According to the IRS, most taxpayers will get their refund in less than 21 days, if they have filed their taxes via e-file. Some refunds may take time due to reviewing extra details or some incomplete information.
Taxpayers who have claimed or are going to claim the Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) can expect a delay in their tax payout due to the federal PATH Act, which restricts the IRS from proceeding with refunds of taxpayers claiming these credits.
As we said, the refund dates can vary from person to person, but still to give you an idea of when can you expect your tax refund dates we have created a schedule for direct depositors and paper check returns.
| Date of filing return | Paper check Payout Date | Direct deposit refund |
| Jan 29 | Feb 16 | Feb 9 |
| 5 Feb | 23 Feb | 16 Feb |
| 12 Feb | 1 Mar | 23 Feb |
| 19 Feb | 8 Mar | 1 Mar |
| 26 Feb | 15 Mar | 8 Mar |
| 4 Mar | 22 Mar | 15 Mar |
| 18 Mar | 5 Apr | 29 Mar |
| 25 Mar | 12 Apr | 5 Apr |
| 1 Apr | 19 Apr | 12 Apr |
| 8 Apr | 26 Apr | 19 Apr |
| Apr 15 | 1 May | 26 Apr |
| Apr 17 (For Maine and Massachusetts) | 1 May | 1 May |
Remember, these are expected dates; the dates can vary depending on your application method. Also, according to the IRS, taxpayers can expect some delay in April due to the peak of the season as the deadline will be near and there will be many applications to review.
Important dates for Tax Filing Seasons 2024
To make sure that you file your tax return on time, we have listed the important dates and deadlines for you.
| Date | Purpose |
| 12 January | IRS Free File opens |
| 16 January | The due date for 2023 fourth quarter estimated tax payments |
| 29 January | Tax filing start date for individual tax returns |
| 15 April | Deadline for filing a tax return. |
| 17 April | Deadline for filing tax returns for Maine and Massachusetts residents |
| 15 October | Deadline for filing tax returns for extension filers. |
The IRS has set the date for taxpayers to file their tax return; the deadline is April 15. For the Maine and Massachusetts residents, the deadline is extended to 17 April due to state holidays.
If the taxpayers reside in the federally declared disaster area, they will be granted an extension in the deadline to file their taxes.
How to track your tax payouts for 2024?
The IRS has a tool where taxpayers can check the status of their tax refund, it’s mainly called “Where’s My Refund?”
This year the IRS has made some improvements in this tool to make it easy and clear for taxpayers to receive more detailed updates about the refund rather than the usual generic messages.
The agency has made sure that the tool will work seamlessly on mobile devices and can fulfill the requirements of taxpayers
To access the tool people can go to the official website of IRs or download the IRS2Go mobile application from the Play Store.
Taxpayers can track the refund status in 24 hrs if they have filled out the tax returns electronically, 4 weeks for paper file returns, and 3 to 4 days if they have e-filed the tax returns for the previous year’s returns.
IRS Tips to Taxpayers in 2024
The IRS on their official website has suggested a few tips for people filing tax returns in 2024.
- The agency encourages taxpayers to gather all correct information and organize them well such as Social Security numbers, Adoption Identification Numbers, Individual Taxpayer Identification Numbers, and this year’s Identity Protection Personal Identification Numbers (IP PIN).
- The IRS urges people to file returns accurately to avoid delays in their refunds.
- IRS urges taxpayers to file their tax returns electronically with direct deposit to receive the refunds easily and as fast as possible.
- The IRS suggests taxpayers avoid paper checks if possible.
- The IRS says taxpayers should report their taxable income to the agency with all the income-related documents. Especially, those taxpayers who have received Forms 1099 from banks or other taxpayers who are detailing the pensions, annuities, unemployment compensation, etc.