IRS delaying some tax refunds until March Heres why
5 days ago
For a typical tax return submitted electronically and using direct deposit filers can expect a refund within 21 days barring any other issues
But a select group of filers must wait until March to get their refunds The reason Security
The Internal Revenue Service said people who claim the Earned Income Tax Credit and Additional Child Tax Credit will have to wait longer for their refunds Electronic filers with no other issues will see funds in their bank accounts no later than March 2
The delay is due to a provision of the PATH Act of 2015 The act prevents the IRS from issuing EITCACTC refunds before midFebruary even if the return is processed the day tax season opened Jan 26 in 2026 The extra time is meant to allow the IRS to verify income accuracy and identity reducing the likelihood of erroneous refunds
Status on EITC and ACTC refunds will be available on Feb 21 on the Wheres My Refund tool
For qualifying filers EITC provides up to 649 for those with no children to 8046 for filers with three or more children Amounts vary based on income and number of dependents
The maximum Child Tax Credit is 2200 per qualifying child under age 17 with up to 1700 of that refundable as the Additional Child Tax Credit