New York State says to expect your refund in 14-30 days, but many are experiencing delays
Once you’ve filed your federal and state returns, you begin the dreaded waiting game. The states tend to be a little slower than the IRS. So even after you get your federal refund, you could still be worrying about your money from the state.
New York has a slightly more sophisticated tax system than other states. However, it can still take a long time for your return to be processed and refund issued. Many taxpayers have unrealistic expectations. They expect NY to be as fast as the IRS.
What is the quickest way to get your tax refund?
The fastest way to get your refund is to e-file your return and request your refund via direct deposit. The Department of Taxation and Finance declares that these taxpayers can receive their refund in as little as 14 days. Most, however, will have to wait somewhere between 14 and 30 days. Note also that it is hardly uncommon for refunds to take even longer than that.
Any deviation from the e-file/direct deposit combination means that your refund will take even longer than this 14-30 day window. In addition to direct deposit, New York allows you to get your refund sent to you on a debit card or in the traditional form of a paper check. As both of these options involve sending a physical thing through the mail, they take a little longer, usually about 2-5 business days more. (more…)