According to the Treasury’s Bureau of the Fiscal Service, paper refundchecks are 16 times more likely to have an issue, like the check being lost, misdirected, stolen, or uncashed.
Tax season opens for individual filers on Jan. 27, and the IRS has started processing 2024 returns. If you're eager for a tax refund, there are a few ways to get your payment faster, experts say.
The IRS data indicates that nearly 10 million paper refundchecks went out in 2024 — or 9.4% of all refunds issued. Leix, at the Michigan Treasury, notes that taxpayers who submit a paper return ...
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