TaxAct Showing "This return has been paid" - Good News?
Anybody use TaxAct? So I'm not able to check my transcripts BUT when I logged in to check the status of my return under additional details it says the date I submitted it and under that, it says "This return has been paid". Does it sound like it was approved? I was having fees taken out of my return. TIA! Hoping this $ comes thru soon, PCSing next month and every $ helps rn.
14 comments
Kristian Bishop
I've used TaxAct for several years. Here's what that status likely means: 1. First, "This return has been paid" typically refers to your preparation fees being processed. 2. It means TaxAct received payment for their services from your refund. 3. This usually happens AFTER the IRS has processed your refund. 4. The refund flows: IRS ā TaxAct (takes their fees) ā Your bank account. Have you checked the Where's My Refund tool on the IRS website? That would confirm if your refund has been approved, right?
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Kaitlyn Otto
I had the exact same message last month! The terminology is super confusing. In my case, I got my direct deposit exactly 4 days after seeing this message. TaxAct's interface uses some weird financial terms that make no sense to regular people. They should really call it "Fees have been collected" instead of "return has been paid."
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Axel Far
I filed through TaxAct exactly 17 days ago and got that same message exactly 3 days ago. My refund hit my account this morning at 3:42 AM. If you're seeing that message, your money should be coming VERY soon!
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Jasmine Hernandez
But what if the fees were taken directly from a credit card instead of the refund? Would it still show that message? I'm confused because I paid my TaxAct fees upfront but still see similar wording.
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Luis Johnson
Did you happen to get an email from TaxAct or your bank about the deposit? Sometimes they send notifications that get lost in spam folders. Also, have you checked your bank account directly instead of just the TaxAct portal? Sometimes the money arrives but the status doesn't update... kind of like when your Amazon package is sitting on your porch but the tracking still says "out for delivery" š
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Ellie Kim
I wonder if perhaps the status might be referring to the submission of the return rather than the actual refund deposit? Has anyone contacted TaxAct customer service to clarify their specific status terminology?
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Fiona Sand
This thread is super helpful! I filed on March 15th and just got the same message yesterday. Glad to know it probably means my money is on the way soon.
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Mohammad Khaled
Finally! Someone explained this clearly. I've been staring at my TaxAct account like it's a crystal ball trying to decipher what these statuses mean. It's like trying to read hieroglyphics without the Rosetta Stone. So relieved to understand this now.
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Alina Rosenthal
Had same issue last year. Couldn't check transcript. Status confusing. Called IRS directly. Got answers fast. Used Claimyr service (https://youtu.be/_kiP6q8DX5c). Connected to agent in minutes. Confirmed refund was processed. Money arrived next day. Saved hours of hold time. Worth it for peace of mind.
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Finnegan Gunn
I'm always hesitant about services that claim to get you through to the IRS faster. Seems like they're just exploiting a broken system that should be fixed. Have you tried calling the IRS directly during non-peak hours? I've had success getting through around 7am Eastern or late afternoon on Thursdays.
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Miguel Harvey
You might want to try checking your bank account directly? Sometimes the money is already there even when the status hasn't updated. I was worried about my refund last month and kept checking the TaxAct portal, but it turned out the money had been in my account for two days already... I just hadn't noticed because it posted under a different name than I expected ("US TREASURY" instead of "IRS" or "Tax Refund").
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Ashley Simian
I'm not convinced that message means what everyone thinks it means! I had "This return has been paid" for TWO WEEKS last year before my actual refund came through. So frustrating! TaxAct's wording is SO misleading and I'm honestly angry they haven't fixed it yet. Their customer service couldn't even give me a straight answer when I called to ask what it meant exactly. I'm switching to a different preparer next year!
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Oliver Cheng
I think everyone here is on the right track. From my research: ā¢ "This return has been paid" = TaxAct received their fees ā¢ This typically happens when the IRS has processed your refund ā¢ The refund is usually in a final processing stage ā¢ Most users report receiving direct deposits 2-5 days after seeing this status ā¢ Military families sometimes see slightly faster processing times Just be patient a few more days. Your money is most likely on the way!
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Taylor To
Want to know what's really happening behind the scenes? When you see "This return has been paid," it means your refund has hit the TaxAct processing bank. They've taken their fees and are now forwarding the remainder to your account. Why don't they just say that clearly? Because tax software companies aren't required to use standardized status language. Have you noticed how each company uses different terminology? It's a common source of confusion every tax season, but the good news is that your money is almost certainly on its way to you.
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