IRS refund tracker explained: What you need to know before this year's tax filing deadline

Tax season is in full swing as the deadline to file or request an extension is less than three weeks away, and some Americans who have already filed their returns are waiting to receive a refund from the IRS.

Nearly 70 million taxpayers filed their returns as of March 13, and most taxpayers can expect to receive their tax refund within three weeks of filing their return. The IRS has a tool taxpayers can use to track the status of refunds.

The IRS' "Where's my refund?" tool allows users to view whether their return has been received, if the tax refund has been approved and sent to the taxpayer via direct deposit.

Taxpayers need their Social Security number or taxpayer identification number, filing status, tax year and the exact amount of their federal refund from the tax return they want to check.

The tool informs taxpayers when their refunds have been sent to their banks via direct deposit. It also says that if their refund hasn't been credited to their account by a specific date, they should check with their bank to see if it has been received.

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