To e-file, y ou can file online through reliable websites like TurboTax, TaxAct, or E-file or through the IRS Free File tool. Depending on your financial institution, your waiting time may vary. A lthough direct deposit i s f aster, you should still expect to wait a few extra days for the funds to be available in your account. I f yo u want y our money faster, e-filing and choosing direct deposit is the way to go. Receiving your refund as a paper check will s low down the process. According to the IRS, ² paper tax returns are mailed out within six to eight weeks, while those filed electronically will be issued in less than three week s – e ven faster if you choose direct deposit. If you e-filed your return, you can expect to receive a refund through direct deposit faster t han if you mailed in your tax documents.
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