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Many taxpayers don't realize there's a difference between state and federal income tax refund timeframes. The IRS typically processes electronic federal returns with direct deposit within 21 days ...
Generally, the sooner you file your taxes, the sooner you'll see your refund in the bank (and it reduces the chances of tax fraud). The amount that you receive -- if any -- depends on a number of...
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Tax return laws generally prohibit disclosure of any information gathered on a state tax return. [10] Likewise, the federal government may not (with certain exceptions) disclose tax return information without the filer's permission, [11] and each federal agency is also limited in how it can share such information with other federal agencies. [10]
So how large are income tax refunds on average? In 2014, the average tax refund in the U.S. was about $2,700.
Returns are also required by partnerships doing business in the state. Many states require that a copy of the federal income tax return be attached to their state income tax returns. The deadline for filing returns varies by state and type of return, but for individuals in many states is the same as the federal deadline, typically April 15.