If you are expecting money back from Uncle Sam you probably want to get your hands on that cash as quickly as possible. You could take out a refund anticipation loan and walk out of the tax preparation session with a check in your hand, but that option can be quite an expensive one. The interest rates charged on these loans can extend into the triple digits, so it may be better to file your taxes and track your rebate check on your own. There are a number of ways to track your refund.
Contact the IRS
One of the fastest and easiest ways to track the progress of your tax rebate check from preparation to your mailbox is by calling the IRS. The IRS provides a toll free number - 1-800-IRS-1040 - that allows taxpayers to get answers to commonly asked questions and track the progress of any expected refunds. You will be using an automated line, so call from a touch-tone phone and be ready with the information you will need to verify your identity, including your Social Security number, your filing status and the amount of your expected refund.
Check the IRS Website
If you have access to a computer and the Internet you can check the status of your refund online. Simply navigate to the IRS website at IRS.gov and click on the "Where's My Refund" icon. Enter your identifying information and then you can track the status of your refund.
Check with Your Tax Preparer
If you hired a professional to do your taxes, contact the tax preparation firm and ask them to check on the status of your refund. When you call be sure that you have a copy of your tax return available to make it easier for the staff to find your return and track its progress.
One of the best ways to get your refund fast is to file your taxes electronically. Filing a tax return on paper could mean you have to wait months for your tax return, when you file your taxes electronically you can have your money in an average of 7 to 14 days. Filing electronically will also make it easier to track the progress of your tax refund. In addition, you will have the option of depositing your refund directly into your bank account, so you will not have to wait for a check to come in the mail.