How Long Does It Take The IRS To Process A Refund If You Owe Money?

Will the IRS automatically take my refund if I owe them?

No, one of the conditions of your installment agreement is that the IRS will automatically apply any refund (or overpayment) due to you against taxes you owe.

For more information on these non-IRS refund offsets, you can call the Bureau of the Fiscal Service (BFS) at 800-304-3107 (toll-free)..

How can I tell if the IRS is going to take my refund?

Call the FMS at 1-800-304-3107 to find out if your refund was reduced because of an offset. Call the IRS Taxpayer Advocate Service at 1-877-777-4778 (or visit www.irs.gov/advocate) if you feel your refund was reduced in error. The service is free.

What does it mean when the IRS is processing your refund?

This means the IRS has processed your return and has approved your refund. The IRS is now preparing to send your refund to your bank or directly to you in the mail if you requested a paper check.

How long does it take to get your refund if you owe the IRS?

21 daysMore than 90 percent of tax refunds are issued by the IRS in less than 21 days, according to the IRS. However, the exact timing depends on a range of factors, and in some cases, the process may take longer. If you’re owed a refund, you’re probably eager for it to arrive.