The IRS will begin to release the Earned Income/Additional Child Tax Credit (EITC/ACTC) refunds around Feb. 15, 2019.
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What you need to know about your tax refund:
- This new law requires the IRS to hold the entire refund (even the amount not associated with the EITC or ACTC)
- Refunds likely won’t arrive in bank accounts or debit cards until the week of February 27, 2019
- Use the Where’s My Refund? link to check out your daily status
- Possible deposit dates for early EITC /ACTC refund filers may be available a few days after Feb. 15th
- You will most likely not see your refund until the week of Feb. 27th
- Your funds may take longer to appear in your account depending on the financial institution (remember that most financial institutions do not process payments on weekends or holidays)
If you enjoyed this article, then you’ll love these:
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Until the next money adventure, take care!
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