What time of the day do tax refunds get deposited?
Note that the IRS only updates tax return statuses once a day during the week, usually between midnight and 6 am. They do not update the status more than once a day, so checking throughout the day will not give you a different result.
What time will my tax return be deposited 2020?
Estimated IRS Refund Tax Schedule for 2020 Tax Returns
| Date IRS Accepts Your Return | Expected Direct Deposit Refund Date | Expected Mailed Check Refund Date |
| February 15 | March 5 | March 12 |
| February 22 | March 12 | March 19 |
| March 1 | March 19 | March 26 |
| March 8 | March 26 | April 2 |
Do tax refunds get deposited early?
If the IRS submits refund information before the release date, you’ll get your refund sooner. The IRS may not submit refund information early, but we’ll post a tax refund as soon as we get it. ¹Early access to direct deposit funds depends on timing of the IRS or payers submission of deposits.
Does tax refund deposit at midnight?
Some banks post deposits at midnight, others do not post deposits until the bank is open. Also depending on your bank, it can be 1-5 days processing time from when the IRS or state states the refund has been sent.
Is the IRS deposit date accurate?
If you received that date from the IRS website, it is accurate. If you chose to pay your Turbo Tax fees out of your refund, it may be the day after since your refund will be sent to the bank to deduct your fees, Please use this link to track your refund from the IRS.
What day of the week does the IRS update refund status?
Wednesdays
The IRS only updates your refund status information once per week on Wednesdays. If you e-file your tax return, wait at least 72 hours from the date the IRS confirms receipt of your return before checking your refund status, and at least three weeks if you mail the return instead.