Nearly 14 million individual taxpayers who filed their 2019 federal income tax returns on time and received refunds will receive interest on the refunds. Business entities are not eligible to receive overpayment interest. No interest will be paid for any refund issued before the original April 15 due date.

Most taxpayers who received their tax refunds by direct deposit will have their interest payments direct deposited in the same accounts. Everyone else will receive a paper check. A notation on the check (INT Amount) will identify it as an interest payment on a tax refund.

How can I Check my tax refund status?

The IRS also has a mobile app, called IRS2Go, that checks your tax refund status. The IRS updates the data in this tool overnight, so if you don’t see a status change after 24 hours or more, check back the following day. Both the IRS tools (online and …

What do you need to know about your tax refund?

Here’s everything to know so far 1 If the IRS determines the taxpayer is owed a refund, it will send a check automatically. 2 The refunds will start in May and extend into the summer months. 3 You do not need to file an amended return to claim the exemption (here’s how to track your tax return status and refund online ).

Where does an undelivered tax refund check go?

Undelivered Federal Tax Refund Checks Refund checks are mailed to your last known address. If you move without notifying the IRS or the U.S. Postal Service (USPS), your refund check may be returned to the IRS.

What to do if you do not get your federal tax refund?

If you were expecting a federal tax refund and did not receive it, check the IRS’ Where’s My Refund page. You’ll need to enter your Social Security number, filing status, and the exact whole dollar amount of your refund. You may be prompted to change your address online. You can also call the IRS to check on the status of your refund.