Where’s
My Refund? will be updated on Feb. 18 for the vast majority of early filers who
claimed the Earned Income Tax Credit or the Additional Child Tax Credit. Before
Feb. 18, some taxpayers may see a projected deposit date or an intermittent
message that the IRS is processing their return.
By law, the IRS is required
to hold EITC and ACTC refunds until Feb. 15. However, taxpayers may not see
those refunds until the week of Feb. 27. Due to differing timeframes with financial
institutions, weekends and the Presidents Day holiday, these refunds likely
will not start arriving in bank accounts or on debit cards until the week of
Feb. 27 -- if there are no processing issues with the tax return and the
taxpayer chose direct deposit.
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