And on top of the philanthropic accomplishment youâve done, you still get a bonus reward of having your donations be eligible for tax deductions. Like I have mentioned earlier, donations to public schools are treated the same when you donate to charity or other nonprofit organizations.
The IRS says it expects to issue more than 9 out of 10 refunds within 21 days, but the fastest way to get a refund is to e-file and choose direct deposit. Even if you file the old-fashioned paper way, having your refund deposited directly into a bank account cuts the time you have to wait for your tax cash.
Overview: Tax refund processing times vary and depend on the accuracy of the original return, but you'll get your refund more quickly if you file your return electronically. What You Should Know: 1  If you file electronically, your refund should arrive within two to three weeks. 2  If you file a paper return before April 1, your refund may take seven weeks to reach you. 3  If you file a paper return after April 1, expect to wait 10 weeks before your refund arrives.