Child Tax Credit 2024: Here’s When Your Tax Refund Could Arrive
The average taxpayer receives their refund within 21 days of filing their tax return, according to the IRS. However, those claiming additional credits such as the child tax credit and the earned income tax credit may experience delays. Taxpayers can expect most child tax credit-related refunds by February 27, provided they choose direct deposit and there are no issues with their tax return. The IRS is required by law to delay refunds involving additional credits until mid-February to prevent fraudulent refunds. The refundable portion of the child tax credit this year is $1,600.
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