Got my refund approved! CTC!

Home Forums General Discussion 2020 Tax Season Got my refund approved! CTC!

  • This topic has 20 replies, 4 voices, and was last updated 5 years ago by RipeMangos.
  • Topic Starter
  • #4332830
    ChiGuyRay

      Just checked the IRS website and it shows my refund approved! Married filing jointly with CTC! Wow!

      Your tax refund is scheduled to be sent to your bank by January 29, 2020.
      If your refund is not credited to your account by February 3, 2020, check with your bank to see if it has been received.

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      • #4358512
        RipeMangos

          Any ddd for eitc?

        • #4334510
          Aaron

            This has been the same as lat year so far. Last year I had a ddd 2/6. On 2/6 WMR showed only 2 bars, but SBTP showed received on 2/5 and sent 2/6. It his my chase bank between 4-5pm on 2/6. I expect it to be similar today this year.

          • #4334442
            ftmill16

              Katherine… many people are experiencing this today, including me. My status and situation is exactly as you’ve described yours. I do know though that the iRS has released my refund because I have my fees deducted from my refund and when I check the site for that bank it shows they received my refund yesterday. Many people have said that last year their funds hit their bank later in that day so maybe wait and check your bank again this afternoon.

            • #4334383
              Katherine

                On the IRS.gov website, under Where’s My Refund it says that “Your tax refund is schedule to be sent your bank on January 29, 2020.” Today is the 29th, and the IRS.gov website has not sent it nor has the indicator light changed to orange.

                Is anyone else experiencing this?

                -Thank you

              • #4334110
                Scott

                  How old is your child?under 17?

                • #4333966
                  daveyhouse
                    @daveyhouse

                    If your refund has been approved, you didn’t actually claim with any child tax credits. It is against federal law for the IRS to release refunds with those credits before February 15th. There are no exceptions.

                    Path affects EIC and ACTC, not regular CTC

                  • #4333035
                    Dynasty

                      @Ftmill16

                      The ACTC is not for people claiming more children than allowed for the CTC. I have one child and I am eligible for ACTC. The ACTC is a refundable credit where as CTC is nonrefundable.

                    • #4332951
                      Kim

                        I go this too and was shocked! I haven’t even been checking irs because I knew I wouldn’t see a refund till end of Feb. I didn’t qualify for EIC but did receive the child tax credit. I’m so excited!!!! I’ve been more focused on state because I usually get that one early and that one hasn’t processed.

                      • #4332936
                        ChiGuyRay

                          “Nathan

                          @thesensibleguy

                          If your refund has been approved, you didn’t actually claim with any child tax credits. It is against federal law for the IRS to release refunds with those credits before February 15th. There are no exceptions. ”

                          Yeah smart guy I know what I did. This isn’t my first rodeo. I did in fact claim child tax credit. I did in fact get a DDD this morning. There are in fact exceptions smart guy.

                        • #4332906
                          Sarah

                            Same for me. Updated today DD date of 1/29/20!

                          • #4332880
                            Courtney

                              Got my approval last night! Ddd of 1/29

                            • #4332877
                              Nick G

                                @thesensibleguy not true. I am approved, have 2 kids ( within CTC income limit) and am approved after 5 days of filing with 1/29 DDD.

                              • #4332876
                                Nick G

                                  Filed on 1/21 no EIC but do have 2 kids. Accepted 1/22 … had one bar until this morning and now showing refund approved with DDD of 1/29. Hope this helps yall

                                • #4332867
                                  ftmill16

                                    I keep seeing people simply refer to it as the CTC, high Instill get a partial one for my 19 yr old daughter. Was pretty sure it only applied to ACTC (for people that claim more children than allowed for on the regular credit.). Thanks so much for clearing this up. I’ve used this site for I believe the last 3years and honestly, I’ve learned so much. Also, last year when my refund was held up and it took 5 weeks, knowing I wasn’t the only one in that boat kept me from panicking, certain that something was wrong. So again, thanks.

                                    To the newer people here, and if you really don’t know something, I’d either ask or lurk around and learn. Just be careful about spreading misinformation. We all get a little crazy when it comes to 💰 💵

                                  • #4332854
                                    4045

                                      What’s up with all these weirdos quoting the law. This site is full of people who know that test batches exist

                                    • #4332851
                                      Derrick

                                        Thank you Jibb for the clarification too

                                      • #4332850
                                        Derrick

                                          This is not true. The law is clear that it covers EITC and ACTC. Not regular CTC

                                        • #4332849
                                          Jibbbjawww

                                            Child tax credit does not cause a delay. ADDITIONAL child tax credit does.

                                          • #4332847
                                            Aksha
                                              @kaykay

                                              For EIC and all, Since Feb 15th is a Sat, folks may see deposits on the 14th or 18th with the holiday!

                                            • #4332846
                                              Nathan
                                                @thesensibleguy

                                                If your refund has been approved, you didn’t actually claim with any child tax credits. It is against federal law for the IRS to release refunds with those credits before February 15th. There are no exceptions.

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