Not that you should spend your IRS refund before you get it, but darn! We got some shoppin’ to do!
Now please understand that was totally in jest…your IRS refund should be put safely away in your savings account. Don’t believe the merchant-driven hype that encourages taxpayers every winter to start spending their tax refunds. It’s not free money- it’s money you earned that the government took for taxes and because of credits and deductions you can get it back. Or at least some of it. It’s not a gift from the IRS. It’s not lottery winnings. It’s just money that was on hold for a while in case you owed that much in taxes that year.
But I can see dollar signs in your eyes already- a new couch, a shopping spree, a trip to Vegas. People get very imaginative when it comes to spending IRS refund money. And that brings us to the IRS refund status. Everyone wants to know: what’s my IRS refund status? They’ve done their taxes, now they want to know where’s my refund?
Luckily you can check your IRS refund status online at the IRS website. Just enter your Social Security Number, the amount of your IRS refund in whole dollar amounts (no cents), and your filing status. The IRS will give you a date when your deposit will be mailed (or if you’re a Luddite, when your check will be mailed).