There are three status updates which the taxpayer might see: “received return,” “refund approved,” or “refund sent.” If the refund has been sent, it could be up to 5 days before the money shows up in your bank account or a few weeks before your check has been received.

As the IRS begins processing tax returns for the 2024 fiscal year, understanding the timeline and methods for filing can significantly impact when you receive your refund.