Tax season, for most folks, is synonymous with waiting and hoping, particularly when there’s that much-needed refund expected to lighten the burden. For a large group of taxpayers who will soon become one of the thousands of refunders in 2025, IRS has brought a few very important tricks and tips with you so that your money may be obtained faster. Such filing electronically to direct deposit set will mean the fastest processing of any paperwork, hence cash in your bank account sooner.
These best practices on ensuring your tax refund gets processed as quickly as possible all come in this article. Regardless of whether this is the first time you’ve filed taxes, or you’ve been filing taxes forever, these tips will give you everything you need to speed things up for a quick refund.
Filing Options: Why Electronic Filing is the Fastest Route
The IRS made it cleat that the best option to get your tax refund really fast is to file electronically and have your refund deposited directly. If you want to avoid the long waits associated with receiving a paper check, this switch to digital filing is your best option. In this regard:
Paper Checks Against Direct Deposit
You are essentially out of luck with a paper check. A paper check can take anywhere from a few weeks to a couple of months after your return has been processed, especially during peak tax time. You will then just have to wait for the IRS to mail the check, and then again, wait for your bank to do its thing and clear the check.
The direct deposit, on the contrary, sends your tax refund straight to your bank account. So rather than having to wait weeks, you can now have access to your funds in days once the IRS processes your return. This is by far the fastest, most secured method you may utilize, especially if you want to get the payment soonest possible.
Why Direct Deposit Matters
In 2024, around 161 million IRS tax returns were filed. Among these returns, about 103 million eligible taxpayers had their refunds processed, while around 93 million preferred direct deposits as their refunds’ mode. This meant students and employees diligently waiting for refunds in paper form, which took much longer, almost nine months for these 9.7 million people.
When it comes to being among the first to have tax refunds sent directly to them, it is advisable to set up direct deposit. To get this done, simply give your routing number and account number when filing your tax return. Your bank statements or checks will often have these numbers, and most banks will gladly provide them if you need help.
What if You Don’t Have a Bank Account?
Not everyone has a bank account, and that’s perfectly okay. Well, the IRS does a lot for those who are looking forward to receiving their refunds fast but without a bank account. Some alternative ways are:
1. Open a Bank Account
It’s never too late to open an account if you don’t have one currently. The IRS encourages you to open an account at an FDIC-insured bank. You can use the National Credit Union Locator tool to find a nearby credit union, or visit any local bank that offers basic accounts.
2. Veterans Benefits Banking Program (VBBP)
For all the veterans, there is a special program called the Veterans Benefits Banking Program by the IRS. This program enables veterans to receive their income tax refunds via a bank that is in the program. These banks provide free banking services for veterans, so you won’t have to worry about fees or complicated procedures.
3. Prepaid Debit Cards
Another alternative is to get tax refund deposited on a prepaid debit card. These cards have routing and account numbers, which allows them to accept direct deposits. Just make sure the card you choose can accept deposits directly to it.
4. Mobile Banking Apps
Most mobile apps offer direct deposits as well. These apps are characterized by very low fees, making them a great option for the digital finance enthusiasts who prefer managing all things money online. If you have no bank account yet want a fast, simple way to get your refund, using a mobile banking app might be the correct approach.
IRS Tips for Speeding Up Your Refund
To further enhance your chances of receiving your refund quickly, the IRS has shared some additional tips:
1. File Early
The sooner you file, the sooner the IRS will issue your tax refund. Delaying until the deadline for filing limits the time you have to earn your refund and adds to the wait time since the IRS will have had to backlog returns. File your return as soon as possible for speedier processing.
2. Check Your Tax Return for Accuracy
Mistakes of any kind, even minor, can delay your refund. The mistakes can include wrong Social Security number, income, or bank account information. Double-checking the entire process before submission is necessary to ensure no incomplete or incorrect information. Otherwise, IRS processing or request for clarification will take longer if discrepancies are identified.
3. Track Your Refund with the IRS Tool
Once you file your return, the IRS has a useful tool called “Where’s My Refund?” which allows you to track the status of your refund. This tool can be accessed online or through the IRS2Go mobile app to obtain real-time updates on refund status regularly.
4. Avoid Filing a Paper Return
Even as applying by paper can seem the most convenient way of filing, it will cause huge delays. Manual processing is required for the paper return, compared to e-filing, which applies automated processing in dealing with the returns. You should avoid filing paper returns if you want your refund to come as fast as possible.
Final Thoughts: Get Your Tax Refund Faster in 2025
Paperless filing and direct deposit are all you need to understand for 2025. Typically, this is the really fast way to get your refund. It is not just for those who have bank accounts; even those who don’t can still find innovative alternatives, such as prepaid debit cards or mobile banking apps.
Now, it is simpler than ever to get your refund directly deposited. Given the many options provided by the IRS for those without a bank account, you will surely not have a hard time going for the direct deposit option. Whether you go ahead and open a regular bank account or use a prepaid card or benefit under programs especially for veterans, the point is to avoid the long delays that come with paper checks.
Get the right mix between certifying and unqualified fast filing, so you won’t waste time waiting to get funds in hand faster-to take care of bills, settle debts, or enjoy the extra money.
FAQs About Fast Tax Refunds
1. How can I get my tax refund faster?
The quickest way to get your refund is to file electronically and select direct deposit when filing your tax return.
2. What if I don’t have a bank account?
If you don’t have a bank account, you can use a prepaid debit card, a mobile banking app, or open an account through the Veterans Benefits Banking Program.
3. Why is direct deposit faster than a paper check?
Direct deposit bypasses the delays associated with mailing and cashing paper checks, making it a faster, more secure method to receive your refund.
4. How many people used direct deposit for their refunds in 2024?
In 2024, approximately 93 million taxpayers used direct deposit to receive their refunds.
5. Where can I open a bank account if I don’t have one?
You can open an account at any FDIC-insured bank or use the National Credit Union Locator to find a nearby credit union.