It depends on how you file your taxes and how you choose to receive your refund. If you file electronically and your return is accurate and complete, the IRS says it should take less than three weeks to receive your refund and even less time if you choose direct deposit.

If you receive a tax refund of over $1,000, you might have paid too much in taxes throughout the year to the government. With inflation still too high and many of us living paycheck-to-paycheck or leaning on credit to get by, that tax refund might have been more helpful throughout the year.